For the seventh yr in a row, Battle Floor Public Colleges have obtained a clear monetary audit from the Washington State Auditor’s Workplace, in line with a district assertion.
The assertion stated the district undergoes a monetary audit annually because of the measurement of its enrollment and annual funds. The audit examined the areas of accountability, monetary statements and compliance with federal grants for the district’s fiscal yr from September 1, 2019 to August 31, 2020.
The assertion says the auditors checked out BGPS payroll, procurement and public works in addition to accounts payable, use of restricted funds, monitoring of delicate belongings to theft, and extra.
The newest report concluded that the district had sufficient controls over safeguarding public sources and that the district was complying with legal guidelines and laws.
“It takes a crew effort to make sure that we’re utilizing public funds responsibly,” BGPS Superintendent Mark Ross stated in a press launch. “As all the time, our administration crew is dedicated to being environment friendly and clear with public funds, and 7 years of personal audits guarantee the general public that we’re accountable for the funds we obtain.”
“I wish to thank the devoted and devoted workers who work in our enterprise workplace and human sources departments,” stated BGPS Deputy Superintendent Denny Waters. “It takes appreciable teamwork and transparency to finish the audit course of, and I’m happy with the district workers for the way in which they symbolize the Battle Floor Public Colleges and defend public funding.
The State Auditor’s Workplace yearly audits college districts as a part of its efforts to trace public funds and report on district operations. In a typical yr, BGPS workers work side-by-side with state auditors for about 4 weeks to supply monetary statements and funds knowledge. Nevertheless, this yr all the work was finished remotely, which slowed down the method. The method was lastly accomplished on the finish of February.
Along with the annual state audit, BGPS additionally has a proper audit committee that critiques district spending on a month-to-month foundation. District management proposed this extra layer of tax surveillance a number of years in the past, the assertion stated.
The committee meets month-to-month to evaluation district bills, together with provider invoices, payroll and timesheets, the discharge stated. Committee members talk about bills, ask questions and draw supporting paperwork, with the committee reporting its findings to the board at common conferences.
“An accountability document is crucial to display our dedication to operating an efficient district,” stated Meagan Hayden, BGPS Chief Monetary Officer. District spending could be an efficient option to preserve monetary accountability. “
The ultimate reviews of the 2019-20 Battle Floor audits can be found on the State Auditor’s Workplace web site at sao.wa.gov/?s=Battle+Floor+Public+Colleges.