Legislative Joint Auditing-Educational Institutions
Video
Transcript
1 document
Machine transcript
May contain errors. Verify important quotations against the official video.
About transcript accuracy
- Source
- Whisper
- Model
- ggml-large-v3-turbo.bin RTX5060
- Processing date
- October 6, 2026
Senator Dan Sullivan
Unverified
0:00
And a second. A second seen and approved. Mr. Fink, you go ahead. Let's move to item C, review of the reports. Thank you, Mr.
Speaker 3
0:10
Chair, and good afternoon. Today we have 18 fiscal year 2023 education audit reports to review. There were four reports with findings, and we will begin with Baudnob School District, which had one finding. The district failed to follow proper cash receiving procedures for the Pee Wee Football Activity Fund account as follows.
The subsidiary receipt book was not pre-numbered. Receipts did not reflect the composition, that is cash or check, of funds received. One subsidiary receipt issued for $127 could not be traced to the district's activity receipt book or a deposit in the district's bank account. and the district did not reconcile differences between subsidiary receipts issued and turned into the district treasurer. And that concludes the findings for Baldwin-Obschool District. Members, any questions?
Senator Dan Sullivan
Unverified
1:02
Yeah, just as a word, I don't think we have any big issues in any of these reports today, but certainly if you are aware of more information or concerns, let's voice it. But I think most of these are pretty standard, and the district responded
Speaker 3
1:20
well. So seeing no questions, we'll see this reviewed. Next report was Concord School District, which had one finding. 11 unauthorized withdrawals totaling $71,300 were made from the district's bank account from February of 2023 to March of 2023.
District personnel discovered the unauthorized withdrawals upon review of the affected bank account and funds were recovered from the bank. That concludes the findings for Concord School District. But again,
Senator Dan Sullivan
Unverified
1:46
these folks found this on
their own and reacted quickly. Anyone have any questions? Seeing no questions, this item is reviewed. Next
Speaker 3
1:55
item. Next is Norfolk School District, which had one finding. In accordance with IRS Publication 15-B, personal use of a school-owned vehicle, a taxable fringe benefit,
should be included as wages on an employee's IRS Form W-2. the superintendent's personal use of a school-owned vehicle was not reported for the year-ended June 30, 2023. And that concludes the findings for the
Senator Dan Sullivan
Unverified
2:19
Norfolk School District. So, members, be aware if you have a state
vehicle you have for personal use, be sure and report that. Any questions? Seeing no questions,
Speaker 3
2:31
this item is reviewed. Next. The final report we're finding was Westside Consolidated School District. They had three unauthorized withdrawals totaling $10,000 were made from the district's bank account
between August of 2023 and September of 2023. District personnel discovered the unauthorized withdrawals upon reviewing the affected bank account. All funds were recovered from the bank. That concludes the findings for Westside Consolidated School District. Members, any questions? Seeing no questions, this item stands as reviewed. The remaining 14 reports are listed on the last page of the synopsis, and these consist of audits with no findings. Staff recommends that these reports be filed en masse as reviewed.
Senator Dan Sullivan
Unverified
3:13
Members, be sure and look over that group. We love these folks that do their business. So with no questions, this item is reviewed. Do we have
any new business to look at? Seeing no new business, we are adjourned. Thank you. Thank you.
Agenda
A. Call to order by Co-Chairman.
B. Adoption of Minutes of the January 11, 2024 meeting.
C. Review of Reports. Refer to the Synopsis
D. New Business.
E. Adjournment.
Documents
| Title | Type | Pages | Source |
|---|---|---|---|
| Agenda — LEGISLATIVE JOINT AUDITING - EDUCATIONAL INSTITUTIONS, Feb 8, 2024 | Agenda | 2 | Official source ↗ |
Speakers
Senator Dan Sullivan
Unverified
Speaker 3