Agenda Item
Meeting Date: 10/26/2017 - 6:00 PM
Category: Future Action Item(s)
Type: Info
Subject: 2016-2017 Annual Financial Audit
District Goals:
Goal 5
Effective and Efficient Use of Resources
Enclosure: The electronic DRAFT version of the 2016 2017 financial audit is attached. Hard copies will be provided Oct. 26, 2017.
File Attachment:
11.1 Annual Financial Audit PowerPoint.pdf
Comprehensive Annual Financial Report (update 10-26-17).PDF
Summary: Each year, charter schools, education service centers, and school districts must have their annual financial and compliance report audited by an independent auditor. The resulting annual financial and compliance report must then be submitted to TEA for review.
Budgetary Impact: There is no expense to present the Comprehensive Annual Financial Report. The District does however, contract with the independent auditor annually to be in compliance per TEA.
Recommendation: This item will be brought as a possible action item in November.
Approvals:
Recommended By:
Signed By:
Stacey Adrian - Director of Accounting and Finance
Signed By:
Michael McFarland - Superintendent