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Report No. 08006, School Board 8006 STATE OF FLORIDA OFFICE OP THE AUDITOR GENERAI. ST4,; .,., • :op will-0 *** MONROE COUNTY *** DISTRICT SCHOOL BOARD As of June 30, 1972 8006 STATE OF FLORIDA OFFICE OF THE AUDITOR GENERAL Report on Audit of the Accounts of MONROE COUNTY DISTRICT SCHOOL BOARD As of June 30, 1972 Dated: July 24, 1973 Comments Pages 1-24 Exhibits and Schedules For the Fiscal Year Ended June 30, 1971 25-30 For the Fiscal Year Ended June 30, 1972 3I-43 iT STATE OFFE.O1tEDA o 0 r- 2 Orr mil or THE AUDITOR GENERAL cob „a Tallahassee, Florida ERNEST ELLISON.C. P A. n„o„o„ GENERAL July 24, 1971 The Legislative Auditing Committee of the Legislature and the Governor of Florida Sirs: Pursuant to law, I have directed that an audit be made of the accounts and records of the DISTRICT SCHOOL BOARD MONROE COUNTY For the fiscal years ended June 30, 1971, and June 30, 1972, and present this report thereon. PERSONNEL The personnel of the Board was as follows: District No. William R. Gamble to 1-4-71 1 Robert A. Dion from 1-5-71 1 Enoch H. Walker, Vice-Chairman 2 Charles Lloyd MacWhorter to 10-9-70, the Date of his Resignation 3 Frances Signorelli from 10-14-70 to 1-4-71 3 Sydney E. Mathews from 1-5-72 3 Wilhelmina C. Harvey 4 Ruth Alice Campbell, Chairman 5 Armando J. Henriques, Superintendent 1 Par. No. SCOPE AND OPINION An examination of the accounts and records was made in accordance with generally accepted auditing standards , and accordingly included such tests of the accounting records and such other auditing procedures considered necessary in the circumstances. The State Board of Education places responsibility in the District School Board for audits of internal funds at the various schools; therefore, these funds are not included in the scope of this audit. The accounting records are required to be kept in accordance with the uniform system of accounts as prescribed by the State Board of Education pursuant to Section 237.01, Florida Statutes. Section 6A-1.022, Rules of the State Board of Education, which prescribes the methods of accounting to be used, provided until September 17, 1972, that revenue of the Operating Funds and the Debt Service Funds be recorded on the cash basis of accounting. Beginning with the fiscal year 1971-72, the Department of Education required that revenues of all the Board's budgetary funds be recorded on the accrual basis of accounting. The financial statements accompanying this report were prepared without adjustment from the Board's annual financial reports. Because of errors, omissions, and/or incompleteness of the records and procedures to support the amounts for material stores inventory, no opinion can be expressed for this item. A review of vouchers paid during the months of July 1971 and July 1972 disclosed approximately $10,000 and $27,000 respectively, in vouchers that should have been, but were not, reported as vouchers payable. The amounts reported for Bonded and Deferred Debt and Interest did not include a liability of $70,000 at June 30, 1971, and $55,000 at June 30, 1972, which is due over a period of thirteen years that was created by the Legislature to compensate a student injured in a school accident. In my opinion, except for the comments above, the attached financial statements present fairly the financial condition of the Board at June 30, 1971, and June 30, 1972, and the results of its operations for the years then ended, in conformity with generally accepted governmental accounting principles applied on a consistent basis. FINANCIAL CONDITION (1) The financial position of the various funds at June 30, 1971, and June 30, 1972; is shown on exhibits A. Changes in reserves and fund balances are shown on schedules 1-A. (2) Current resources at fiscal yea endings were sufficient to meet current obligations at those dates. (3) The unappropriated fund balances of the Operating Funds at the end of the last two fiscal years were as follows: June 30, 1971 $1,075,901.88 June 30, 1972 1,168,138.56 2 Par. No. (4) Pursuant to Section 6A-1.57(4) , Rules of the State Board of Education, the Board redeposited petty cash funds into its accounts at the end of both fiscal years. The redeposit of petty cash funds totaling $100 at June 30, 1971, was erroneously recorded as revenue, thus overstating the cash balance and unappropriated fund balance of the Operating Funds for that year. (5) A test of the vouchers paid in July 1971 and July 1972 revealed invoices totaling approximately $10,000 and $27,000, respectively, that should have been recorded as expense and vouchers payable at June 30, 1971, and June 30, 1972. This failure to record some expenses and liabilities at year-end was also reported in audit report No. 7581, pages 3 and 6. (6) The separate bank account maintained by the Board for employees and the Board's share of FICA taxes was not recorded on the general ledger accounts nor shown on the annual financial report. The balances of this account at June 30, 1971, and June 30, 1972, were $24.14 and $121,916.59, respectively. As mentioned in audit report No. 7581, page 3, this account should be incorpo- rated into the Board's financial records and breakage amounts periodically reconciled and closed into the proper revenue or expense account. (7) The balance reported for material stores inventory at June 30, 1971, represented amounts for materials and supplies located at the stores and distri- bution warehouse and gas and oil at the transportation department. In addition to these inventories the balance reported at June 30, 1972, also included materials and supplies on hand in the amount of $84,148.15 at the maintenance department and $4,327.80 for food service supplies . Prior to June 30, 1972, maintenance materials and supplies were charged directly to maintenance expense. An adjustment was not made to reduce the expense account by the applicable portion of supplies included in the material stores inventory, thus overstating expenses by that amount. In addition, the valuation placed on the inventory itself could not be verified. A cut-off date was not established and the actual count of the inventory did not start until three weeks after the close of the fiscal year and was not adjusted for items received or issued after June 30. The physical inventories for gas and oil and for warehouse materials were observed. Although written instructions were not prepared for the taking of these inventories, I was able to satisfy myself that the procedures and methods employed did provide a substantially accurate count. The perpetual inventory records for materials and supplies contained numerous clerical errors and adjustments without proper documentation. During the first year of the audit period, the method of recording prices on the perpetual inventory records was based on gross purchase prices. This pricing method was rot consistent with that used by the accounting department which recorded inventory amounts at gross prices less applicable discounts; however, this practice was discontinued during the last year of the audit period when the average method of pricing inventory was adopted and applicable discounts were taken into consideration. In addition to the amounts reported for material stores inventory, the Board also maintained in its transportation department a stock of maintenance parts for vehicles. The Assistant Director of Maintenance estimated the value of the inventory at approximately $5,000 at June 30, 1971, and $8,300 at June 30, 1972. Even though perpetual inventory records were kept for the inventory items, the cost amounts were recorded as expenditures when items were received instead of being included in the Board's inventory accounts. 3 Par. No. (B) The Board's annual financial report did not include a liability of $70,000 at June 30, 1971, and $55,000 at June 30, 1972, which was created pursuant to Chapter 70-814, Special Acts of 1970. As mentioned in audit report No. 7581, page 4, this act requires the Board to pay a total of $70,000 over a period of thirteen years beginning in 1970 to a reputable banking institution in the county as guardian of the moneys for the father of a boy injured in an explosion at a school while disposing of chemicals for his teacher. The first installment was to be in the amount of $10,000 and the subsequent twelve pay- ments were to be for $5,000 each. The first two installments totaling $15,000 were paid late in 1971 upon the appointment of the guardian bank. (9) During 1970-71 the Board borrowed $793,000 in three loans which are authorized by Section 237.27, Florida Statutes. These loans are discussed in greater detail under the heading BONDED AND DEFERRED DEBT AND INTEREST. (10) As shown on schedule 1-A, reserves and fund balances for Operating Funds were adjusted during 1971-72 by $90,541.93 from that reported by the Board as the beginning balances for the fiscal year. The adjustments consisted of $88,475.95 for the maintenance and food service inventories at June 30, 1972, to compensate for the fact that no amounts had been included in the inventory account in previous years for these items and $2,065 .98 for other adjustments. These other adjustments included an amount of $1,872.14 to correct an erroneous entry made in recording funds received during 1971-72 for State free textbooks. FINANCIAL OPERATIONS (11) Statements of revenue and expenditures for the fiscal years ended June 30 , 1971, and June 30, 1972, as recorded in the Board's accounts are presented on exhibits B. Revenue (12) Revenues for the last two fiscal years as reported by the Board are summarized for comparative purposes in the following tabulation: Source 1970-71 1971-72 Amount Percent Amount Percent Federal: Received Direct $ 535,020. 89 5.63 $ 1,363,558.44(1) 13.06 Received Through State 393,503.54 4.14 475 ,446.10 4.55 Total Federal $ 928,524.43 9.77 $ 1,839 ,004. 54 17.61 State 4,325,284.90 45.52 4,868,172.74 46.62 Local 3,453,272.12 36.34 3,718,777.17 35.75 Nonrevenue 795,468.00(2) 8.37 17,180.21 .02 Total $9,502,549.45 100.00 $10,443,134.66 100.00 Notes: (1) Includes $347,333 received in July 1971 as final payment of 1970-71 allocation. (2) Includes S793,000 received as the proceeds of a loan obtained pursuant to Section 237.27, Florida Statutes. 4 Par. No. (13) Revenue received directly from the Federal Government during 1970-71 consisted of Federal Impact Funds (Public Law 81-874) in the amount of $519,734, and a contribution of $15,286.89 for the Key Deer National Wildlife Refuge being located in the county. The funds provided by Public Law 81-874, are for assistance in the operation of local school districts•due to the loss of tax funds because of Federal installations located in their areas. During 1971-72 a total of $1,237,847 was provided to the Board for this purpose and $18,191.44 for the Key Deer National Wildlife Refuge. In addition, $107,520 was also received from the Federal Government for the Neighborhood Youth Corps Program. This money was used to provide jobs during the summer months for 250 students of poverty-level families. (14) The revenue reported from the Federal Government through the State was derived from contractual agreements between the two governments and represented approved allocations for certain programs. Comments regarding these funds are included under the heading CONTRACTED PROGRAM FUNDS. (15) Minimum foundation program funds , distribution of sales tax funds, and additional capital outlay funds were allocated by the Commissioner of Education primarily on the basis of reports of average daily attendance of pupils for the preceding year. In addition, a report of the certificate rank and contract status of certificated school personnel as of January 1 of the current year was used by the Commissioner to determine that portion of the minimum foundation program allocable for salaries. A final report of rank and contract status will be initiated by the Commissioner covering all certificated personnel employed, and may result in an adjustment for overremittances or underremittances of minimum foundation program funds. The final rank and contract status reports for 1970-71 and 1971-72 had not been prepared and thus were not available for audit examina- tion. Annual reports of pupil attendance (average daily attendance and average daily membership at each school) were correctly prepared and were adequately supported by detailed attendance records. A comparison of average daily attendance (ADA), average daily membership (ADM) , and percentage of attendance is shown below: ADA ADM Percentages of Attendance 1970-71 9,466 10,135 93.40 1971-72 9,653 10 ,391 92.90 (16) The revenue reported from local sources was primarily received from taxes, and from investment by the Board of temporarily idle funds. (17) The following tabulation shows the principal sources of local revenue: 1970-71 1971-72 Taxes: District Current $3,101,612.28 $3,399,811.43 District Interest and Sinking 155,083.51 204,176.22 Interest on Investments 137 ,402.66 67,209.44 Miscellaneous 59 ,173.67 47,580.08 Total $3 ,453,272.12 $3,718,777.17 5 Par. No. (18) Receipts of record were properly posted; however, some deficiencies were noted in the control procedures and are discussed under the heading INTERNAL CONTROL AND RECORDS. (19) During 1970-71, the Board approved charging the Montanari Sea Camp a fee of $150 per pupil per semester for students enrolled at the Montanari Sea Camp who attend Monroe County schools. A total of $1,650 was received during 1970-71. Section 228.16(3)(b), Florida Statutes, 1971, subsequently amended and transferred to Section 228.121(1), Florida Statutes, 1972 Supplement, provides in part that pupils whose parent, parents, or guardian are nonresi- dents of Florida shall be charged a tuition fee of $50 payable at the time the pupil is enrolled. I know of no legal authority for the Board to charge a fee other than that provided in the section quoted above. The Finance Director stated that there were no students from the Montanari Sea Camp during 1971-72. (20) The review and confirmation of the cash balances reported by the Board at June 30, 1971, and June 30, 1972, revealed that in each year several large sums were shown as deposits in transit when in fact they actually were received by the Board in July . These receipts should have been reported as revenue in the year in which they were received. Expenditures (21) Expenditures for the last two years as reported by the Board are summarized for comparative purposes in the following tabulation: Purpose 1970-71 1971-72 Amount Percent Amount Percent Administration $ 205,806.79 2.25 $ 245,069.93 2.03 Instruction 5,385,860.23 58.96 6,155,406.46 50.88 Operation of Plant 548,992.10 6.01 626,420.22 5.18 Maintenance of Plant 391,625.10 4.29 506,658.94 4.19 Auxiliary Services 407,888.76 4.46 484,883.82 4.01 Fixed Charges 512,132.99 5.61 690,985.68 5.71 Nonprogram Schools 21,575.49 .24 33,239.69 .27 Total Current Expenses $7,473,881.46 81.82 $ 8,742,664.74 72.27 Capital Outlay 1,182,763.86 12.95 2,698,453. 56 22.31 Debt Service 388,625.54 4.25 656,499.87 5.42 Remittances to Other Districts and Agencies 89,951.42 .98 38.40 Total $9 ,135,222.28 100.00 $12,097,656.57 100.00 (22) Expenditures were kept within the final amounts budgeted. (23) Expenditures were, with minor exceptions, properly supported by documentation and correctly classified. The accounting department did not have written accounting procedures detailing the functions of the various fiscal positions, and as a result the procedures used in the preaudit of vouchers was not available for evaluation. The vouchers did not show check marks or notations to indicate the degree of preaudit; however, they did have the initials of the accounting clerk responsible for the preaudit function. s Par. No. The preaudit procedure, as determined from discussions with the clerk respon- sible for this function and from my audit tests, appeared adequate. Discounts and tax exemptions were taken when applicable. (24) The accounting department utilized the purchase order system to ensure the propriety of expenditures. The system in existence required the approval of the accounting department and the Superintendent prior to the issuance of a purchase order. (25) The 1971-72 allocation of State funds for textbooks was $68,014.39, of which $61,792.16 was disbursed at State level and the balance of $6,222.23 was remitted to the Board. The Board spent $2,442.39 of the textbook funds which when added to those disbursed at State level amounted to $64,235.05. However, in the Board's Annual Financial Report, the expenditure for textbooks was reported as $66,107.19, which was $1,872.14 greater than the actual expenditures. (26) The agreement for the WATS line used by the Board for long-distance telephone calls was reviewed and changed during the first part of the audit period. The original agreement called for a payment of $300 per month for a maximum use time and additional charges for usage over the maximum. After the analysis was made which revealed that payments for several months were in excess of $600 per month the agreement was changed so that the Board cbtained a billing change whereby it paid a flat amount of $600 per month for unlimited calls. During the month of January 1972 this rate was increased to $645.60. Salaries and Personnel Records (27) A summary of staff positions shown in the Superintendent's Annual Report of Personnel, Attendance, and Miscellaneous Summaries is as follows: Personnel Classifications 1970-71 1971-72 Positions Positions No. Percent No. Percent Administrative and Personnel 3 .33 3 .30 Instructional, K-12 506 55.79 555 54.63 Instructional, Adult Education 49 5.40 55 5.41 Other School Personnel 349 38.48 403 39.66 Total 907 100.00 1,016 100.00 (28) A summary of average daily membership (ADM) and teachers, as tabulated by the Department of Education from information reported by the Board, and the average of pupils per teacher is as follows: 7 Par. No. Grades ADM Teachers Average Pupils Per Teacher 1970-71 1- 6 5,538 231 24.0 7- 9 2,547 119 21.4 10-12 1,498 88 17.0 1971-72 1- 6 5,539 246 22.5 7- 9 2,702 120 22.5 10-12 1,539 97 15.9 (29) The averages shown above were computed from principals' annual reports of attendance, and the number of teachers shown reportedly does not include teachers who are not assigned full time to a specific school, supervisors, principals , librarians, guidance counselors, psychologists, and other non- teaching personnel. It should be noted that the above are averages and are not intended to be indicative of the number of pupils being taught by each teacher at each class session. (30) Salary schedules were adopted by the Board as required by Section 236.02(6), Florida Statutes, and Section 6A-1.52, Rules of the State Board of Education; however, in some instances the salary schedules were not adequate to explain the objective factors used for pay increments as required by Section 6A-1. 52(2), Rules of the State Board of Education. It was also noted that certain part-time employees were being paid on a full-time basis prorated by the number of hours worked. The salary schedules adopted did not provide for part-time employees to be paid on a prorated basis. The salary schedules did not clearly distinguish the qualifications for the various pay rates for the Community School Program instructional positions. Except for the uncertainties noted above, salaries were paid in accordance with the adopted salary schedules. (31) Personnel records were maintained for all employees, but in some instances the files did not contain adequate evidence of one or more of the following: 1. Each factor used in calculation of each employee's compensation as required by Section 6A-1.52, Rules of the State Board of Education. 2. Verification of previous employment. 3. Dates of appointment and periods of employment as required by Section 6A-1.69(1) , Rules of the State Board of Education. 4. Written qualifications and job descriptions for administra- tive and noninstructional positions. (32) Documents in each individual personnel file folder were not in any sequence or in any sort of logical order. The correction of these conditions would provide better control for and easier location of personnel documents. 8 Par. No. (33) Section 231.29(2) , Florida Statutes, states in part that for the purpose of improving the quality of instructional, administrative, and supervisory services in the public schools of the State, the superintendent shall establish procedures for assessing the performance of duties and respon- sibilities of all instructional, administrative, and supervisory personnel employed in his district. The records did not indicate that the principals and a number of employees occupying supervisory positions were evaluated during the audit period in compliance with this section of the Florida Statutes, nor were the procedures and criteria for making the evaluation available for audit review. (34) The Board obtained file cabinets having a locking device and bearing a certified fire protection label for the protection of its personnel records. (35) Contracts were issued by the Board to its employees where required by law. (36) Overtime wages were properly approved and appeard to be reasonable. (37) Records of leave accrued and taken by employees were kept by the pay- roll division and appeared to be complete and accurate. Leave granted was in compliance with the Board's policies and the Rules of the State Board of Education. (38) Appropriate deductions were made from employees' salaries and, together with the Board's matching payments, were remitted promptly. Voluntary deductions were adequately supported by authorizations signed by the employees affected. (39) During the audit period the Board approved personnel actions as required by Sections 230.23(5) and 230.33(7)(b), Florida Statutes. Travel Expense (40) The Board's policies for the payment of a per diem rate in excess of that allowed by law, as discussed in audit report No. 7581, page 8, were discontinued the latter part of 1970-71. However, a review of travel expendi- tures incurred during 1970-71 revealed unauthorized or unsupported expenditures in the amount of $583.75 prior to the policy correction. Improvement was noted in this area during 1971-72; however, unauthorized travel expenditures in the amount of $73.50 were incurred. The Board apparently did not attempt to obtain support or reimbursements for the unauthorized and unsupported travel expenditures as was recommended in the prior audit report. (41) Improvements were made in the typical month's statements supporting the monthly automobile allowances granted to the Board members, Superintendent, and Board employees; however, a few statements indicated less mileage than that required to support the allowance granted. 9 Par. No. Educational Improvement Expense (42) The Board's plans for educational improvements were properly filed with and approved by the Commissioner of Education as required by Section 236.07(6), Florida Statutes. (43) During 1970-71, the Board received from the State for educational improvement expenses $795,431 and expenditures were $989,333.26. During 1971-72, the Board received 5795,601 and expenditures were $870,173.88. Separate subaccounts were maintained for expenditures made under the plan. These subaccounts were for the purpose of control of the educational improve- ment expense budget and to facilitate the reporting of expenditures. Purchasing (44) The responsibility for purchases of materials, supplies, and equipment was centralized in a seperate purchasing department. Board and administrative policies concerning purchasing were contained in a purchasing handbook which was approved by the Superintendent. (45) It appears that the Board generally complied with the legal require- ments for purchases subject to bid; however, one possible exception was noted. At its meeting on March 9, 1971, the Board awarded the purchase of a magnetic record computer and a magnetic record reader to the Burroughs Corporation for $25,363.68, plus a maintenance cost of $1,080 per year. This bid was stated to be the lowest best bid. The low bidder on this computer was the National Cash Register Company which submitted a bid of $22,267 plus a maintenance cost of $1,555 per year. The National Cash Register Company's equipment did not meet the specifications in the bid proposal requested by the Board, and in submitting additional information to the Board regarding its bid, the company stated "No manufacturer could meet your specifications except the manufacturer that wrote them." Further investigation disclosed that the specifications in the bid proposal had apparently been prepared by a representative of the Burroughs Corporation and was almost identical to the Burroughs bid. In opinion No.050-43 (1949-1950 Biennial Report of the Attorney General, page No. 183) , the Attorney General advised a board of county commissioners that if the specifications . . had the clear effect of unduly limiting the field of possible competition, they might be of questionable validity." The Board justified the acceptance of the Burroughs Corporation bid as to the lowest best bid because its annual maintenance cost was $1,080 , as opposed to the National Cash Register Company's annual maintenance cost of $1,555. The Superintendent stated that a greater memory capacity of the Burroughs machine over that quoted by the National Cash Register Company was another justification for the bid award. Insurance (46) The Board's insurance coverage consisted of a school-college policy which provided blanket coverage to both the School Board and the District Board of Trustees, Florida Keys Community College, for the physical damage to and loss of the use of real and personal property; standard workmen's compen- sation; public employees bonds; scheduled property floater for band instruments; group employee health and life insurance policies; and automotive insurance. Par. No. (47) Contracts with Liberty Life Insurance Company for group employee health and life insurance expired December 15, 1971. The Board continued to carry its coverage with this company; however, no record was located to show that a new contract or extension was signed for the continuance of the insurance. (48) The employees' group insurance was the only insurance that was obtained by bid. The Attorney General has ruled in opinion No. 058-325 that "Public policy . . . dictates that insurance must be purchased by public boards with- out favoritism and should be bought solely on the basis of securing the best insurance protection available to meet the specific need at the least cost to the taxpayer." (49) Reimbursement from the District Board of Trustees of Florida Keys Community College for its pro rata costs of the insurance policies had not been calculated or requested by the District School Board as of the close of the audit period. (5n) Automotive insurance carried by the Board did not limit the liability amounts for the bodily injury of transported pupils to $10,000 per person and $5,000 times the rated seating capacity of each bus for any one accident as required by Section 234.03(1) , Florida Statutes. Also, all vehicles wore insured for the entire year whether used or not after the summer closing of schools. (51) The insurance register maintained by the Board appeared to be complete and accurate. (52) Insurance advice was provided to the Superintendent and the Board by the Department of Education, local insurance agents, and its own employees. Insurance premiums for 1970-71 were approximately $100,000 and were in excess of $140,000 in 1971-72. Investments (53) The Board invested temporarily idle funds in interest bearing time deposits. A tabulation showing interest income for 1970-71 and 1971-72 is as follows: Major Fund Group 1970-71 1971-72 Interest Income from Investments Made Locally: Operating Funds $ 87,288.81(1) 829,166.16(2) Debt Service Funds 19,078.95 4,742.80 Capital Improvement Funds 31,034.90 33,300.28 Interest Income from Investment of Board Funds Held by the State: Debt Service Funds 7,665.63 7,551.48 Capital Improvement Funds 1,886.85 1,458.46 Total $146,955.14(1) $76,219.38(2) Notes: (1) Includes $15,675 interest recorded as earned in 1970-71, but not received until July 1971, from time deposits which expired that month. (2) Includes $3,208.24 interest recorded as earned in 1971-72, but not received until July 1972, from time deposits which expired that month. 11 Par. No. (54) Interest on time deposits was not computed and credited to the Board's accounts quarterly, as required by Section 136.04, Florida Statutes. (55) The Board placed time deposits on the basis of bids from qualified depositories as required by Section 230.23(10)(k), Florida Statutes; however, no evidence was found to indicate that the Board had investigated any form of investments other than time deposits. Budgets (56) Budgets were prepared and adopted in compliance with applicable laws and regulations. (57) Budgets were generally followed. A summary of budgets for 1970-71 and 1971-72 is shown in the following tabulation: 1970 - 71 1971 - 72 Budgeted Actual Budget Budgeted Actual Budget (As Reported) Difference (As Reported) Difference Revenue Operating Funds S 7,757,346.99 $ 7,845,604.31 $ 88,257.32 $ 9,104,519.42 S 9,289,057.84 S 164,238.42 Debt Service Funds 377,849.55 392,402.16 14,552.61 696,588.14 702,892.12 8,303.96 Capital Improvement Funds 2,051,750.04 2,064,019.72 12,269.68 892,560.37 930,667.81 38,107.44 Contracted Program Funds 279,000.14 278,824.24 -17.5.,60 438,507.03 ' 437,718.43 - Pc.60 Total Revenue 510,465,946.72 S10,580.850.43 $ 114.903.71 $11,132,474.96 S11,340,336.20 $ 207,861.24 Beginning Balances 3,493,503,86 3,475,503.86 -2d,000.00 3,842 313.87 3,842,313.67 Correction of Prior Years -U27.16 -017.1C 89,357.24 89.357-24 Total $13,955,450.56 $14,055,937.13 S 96,486.55 514,974,788.83 $15,272.007.31 S 297,218.48 Expenditures Operating Funds $ 8,600,443.62 5 6,456,697.91 $ 143,745.91 $ 9,356,950.55 $ 9,291,263.09 5 65,667.46 Debt Service Funds 398,006.55 395,468.75 2,537,60 704,330.30 703,783.03 547.27 Capital Improvement Funds 3,305,594.43 1,118,053.32 2.187.541.11 3,131,091.33 2,700,466.23 430,625.10 Contracted Program Funds 384,637.26 243,303.28 141.333.98 574,259.76 299,345.76 279,914.00 Total Fxpend(tuaes $12.688,662.06 $10,213.523.28 $ 2,475,158.80 $13,771.631.94 S12,994,858.11 $ 776.773.83 Fading Balances 1,270,768.52 3,842,413.87 -2,571,6Li5.35 1,203,156.89 2,277,149.20 = 073,932.?f Total 513,956,450.58 514,055,937.13 $ -96,U86.55 $14.974.788.83 $15,272,007.31 5 -2.7,212..2 Taxes (58) Millages and taxes levied for school purposes on the 1970 and 1971 tax rolls are shown below: 12 Par. No. 1970 1971 Mills Amount Mills Amount Operating Funds: Nonvoted School Tax 10.00 $3,258,222.71 8.30 $3,456,082.91 Debt Service Funds: District Interest and Sinking .50 162,911.13 .50 208,321.66 Total 10.50 $3,421,133.84 8.80 $3,664,404.57 (59) Millages were within the amounts authorized by law. Transportation (6n) The midyear transportation report was substantially accurate; however, improvements were needed in the accumulation of data summarized on the report. Minor discrepancies were noted when the mileage shown on the midyear report was compared with the mileage shown on the reports summarized by the bus drivers. (61) Bus drivers' reports (Form Tr-11) were on file and appeared to be accurate; however, during 1970-71 most of the school bus schedules (Fcrm Tr-1) were not located. The Principal's Annual Reports on School Transportation (Form Tr-12p) for six schools were not available for audit and apparently were not prepared. Improvements in the records were noted for 1971-72. (62) The Board was granted $1,543 during 1971-72 as part of the total transportation allocation from Minimum Foundation Funds for students transported from basic education centers to vocational technical centers. A report of pupils transported between high schools and vocational-technical centers was not available for audit. (63) Records on the maintenance cost of the Board's automotive eouipment needed improvements. Numerous expenditures for the maintenance of buses and trucks could not be traced to the records maintained for each vehicle. Activity logs for vehicles to better control the use of automotive equipment were not maintained. The Procedures for the purchase, storage, and issue of repair parts were inadequate. Although a perpetual inventory system was set up for the recording of repair parts when they were purchased, it was noted that a time lag existed between the receipt of an item and its inclusion in the inventory, and if a part was needed and used prior to recording in the inventory, it was not recorded. Mechanics working on vehicles had direct access to the inventory of repair parts. The Assistant Director of Transportation stated that a physical inventory was never taken of repair parts. He estimated the value of repair parts on hand at June 30, 1971, and June 30, 1972, at $5,000 and $8,300, respectively. Steps should be taken to properly control the receipt, storage, and issuance of these parts. In addition, the value of these parts should be included in the Board's financial statements. (64) Gasoline credit cards were kept at two different gas stations to serve the Board's vehicles used in the Upper Florida Keys area. Custody of these cards should have been assigned to Board employees. Instances were also noted where gasoline was purchased from gas stations at prices which were considerably higher than gasoline purchased by the Board at its bid price. 13 Par. No. (65) The Board charged $3 per hour plus the cost of gasoline and oil for the use of buses for school activities other than transporting students to and from school. (66) A written plan for the systematic replacement of buses had not been prepared; however, the Director of Transportation and Maintenance stated that buses were replaced after ten years or 200,000 miles, whichever came first, unless a bus's condition required replacement at an earlier date. (67) The records supporting the reported average daily attendance of transported students were generally adequate, except that records relating to the transportation of students directly to vocational-technical school or for students transported from high schools to vocational-technical school, were not available for audit. The records kept to support the cost per mile and total cost of transporting students, as reported in the annual financial report, were adequate and accurate. (68) The average daily attendance of transported students was as follows: 1970-71 1971-72 Average Daily Attendance of Transported Students 3,663 3,891 (69) The cost per mile to operate school buses as reported by the Board was as follows: 1970-71 1971-72 School Bus Operating Cost per Mile $.3368 $.3982 (70) The costs used to obtain the cost per mile include the costs of salaries, insurance, maintenance, and other operating expenses. The costs do not include a pro rata cost of the purchase price of the buses. (71) The total cost of transporting students as shown on the Board's annual financial reports is as follows: 1970-71 1971-72 Cost of Transporting Pupils between Home and School $211,858.82 $229,480.23 Cost of Transporting Pupils to Other School Activities 7,178.29 27,630.76 Unallocated Breakage from Calculation, not Reported by the Board 37.74 12.56 Total Expenditures for Pupil Transportation $219,074.85 $257,123.55 Compensation of Superintendent and Board Members (72) The Superintendent was paid a salary that was 10% more than the cur- rent salary of the highest paid employee, the Assistant Superintendent, as authorized by Section 145.08(5) , Florida Statutes. During 1970-71 and 1971-72, this amounted to $19,536 and $23,430, respectively. 14 Par. No. (73) The annual compensation of the Board members was $3,250 during 1970-71 and $3,500 during 1971-72, as provided by Section 145.041, Florida Statutes. In addition to the annual compensation, the Chairman was paid an additional $50 each month as provided for in Section 145.131(1), Florida Statutes, and Chapter 57-611, Acts of 1957. (74) Group insurance premiums authorized by Chapter 61-2502, Special Acts of 1961, were paid for the Superintendent and Board members. Community College Support (75) During 1970-71 the Board remitted $89,466 to the District Board of Trustees, Florida Keys Community College, as its required contribution to the support of the College. This requirement was repealed by Chapter 70-94, Laws of Florida, effective July 1, 1971. Guidance Clinic of Florida Keys, Inc. (76) The Board continued to make payments to the Guidance Clinic of the Florida Keys, Inc. , as discussed in prior audit reports. At its meeting on December 8, 1970, the Board approved the increase in contribution to the Clinic to an annual payment of $17,000 beginning in January 1971. The Board paid a total of $13,000 and $17,000 during the 1970-71 and 1971-72, respectively. Under the provisions of Chapter 67-1728, Special Acts of 1967, the Monroe County Board of County Commissioners is authorized to appropriate and pay up to $10,000 annually to this same organization from county funds. (77) The Board was still not receiving itemized invoices to support pay- ments to the Clinic, and no receipt acknowledgements by Board personnel of services received were found. The Clinic did provide a report of its activities for the year; however, it was not detailed as to actual dates and names of students counseled and did not provide a basis for the fees paid. (78) I do not know of any legal authority which authorizes the Board to provide medical services to students other than the services stipulated in Sections 232.29 through 232.32, Florida Statutes, which are primarily the responsibility of the State Department of Health and Rehabilitative Services through the County Health Unit. Monroe County Health Unit (79) The Board entered into agreements with the Monroe County Health Unit whereby the Unit was to render medical services to school children and Board employees for an annual remuneration of $15,000 and $17,000 during 1970-71 and 1971-72, respectively. As previously mentioned in audit report No. 7581, page 10, the Attorney General in his opinion No. 052-305, dated November 5, 1952, stated the conditions that must be met before such payments would be legal. A report was submitted by the Health Unit during 1971-72 stating the specific services to be rendered to the Board; however, vouchers or statements that the agreed services had been performed were not submitted during the two years under audit. 15 Par. No. Payments to U. S. Navy for Utilities (80) Advance payments to the U. S. Navy for utilities were recorded as expenses rather than shown as assets in the Board's accounts and subsequently adjusted for expense charges as they occurred. Statements showing the trans- actions and expenditures involved were furnished at various times by the Navy. At June 30, 1971, a total of $8,535.18 was on deposit with the U. S. Navy for advance utility payments at Sigsbee Elementary School and the vocational-tech- nical center located at the Naval Station Annex which had been recorded as operating expense. The amount of this deposit was applied to utility charges totaling $9,126.01 during 1971-72. There were no deposits with the U. S. Navy at June 30, 1972. Purchases and Resale of Supplies, Vocational-Technical and Adult Education (81) The lack of proper procedures and practices regarding the Vocational- Technical and Adult Education, as discussed in audit report No. 7581, page 14, had generally continued in the current audit period even though minor improvements were noted. (82) Perpetual records were maintained by the Director of Vocational- Technical and Adult Education for books purchased for resale to students. Improvements were needed in the procedures used to maintain these records. Specific purchases and resale of books could not be identified to the records. (83) During 1971-72 procedures were established to issue receipts to students for the purchase of books and payment of registration fees; however, these procedures were not adequate to maintain a proper control over collections. (84) In addition to basic instruction, the students, teachers, and others were permitted to bring personal items to be repaired in class as part of the students' learning process. Payments were received for repair parts and labor charged to others and were deposited in internal funds to be used for future support of the program. (85) As mentioned in audit report No. 7581, page 14, outboard motors acquired from the U. S. Navy through the State's Division of Federal Surplus Property had not been included on the property records. Action still had not been taken to include these items on the records. (86) The Board's finance director stated that the acceptance of most of the donations had been halted during the audit period, and those that were accepted as having value to the program were presented to the Board. (87) Information was furnished by both the Board's finance director and the Director of Vocational-Technical and Adult Education that, as a result of the prior audit findings, guidelines, policies, and procedures were being worked out for these areas. (88) Although the amounts paid for books purchased for resale were properly recorded in the account which would provide the net cost of other programs, the revenue from the sale was recorded as miscellaneous revenue. This procedure did not provide the true net cost of other programs. 16 Par. No. INTERNAL CONTROL AND RECORDS (89) Internal control generally appeared to be adequate; however, some deficiencies were noted. The duties regarding cash collections were such that the same person received collections, wrote receipts, prepared the deposits, and reconciled the bank accounts. These duties should be separate to the extent possible so that the work of one individual acts as a check on the work of another. In addition, a list of receipts was not prepared for collections received in the mail. (90) Warrants, except those used for payrolls, were not prenumbered by the printer. The voucher form in use was prenumbered; however, the warrant number had to be added by machine to the warrant in the preparation process. (91) Payroll warrants continued to be signed by the use of facsimile sig- nature plates. During 1971-72 control of the plates as well as the check- signing machine was transferred from the payroll section to the accounting section; however, access to the signature plates and keys to the machine was not sufficiently limited to provide good internal control. (92) The deficiencies noted in the internal controls over materials and supplies inventories and the related records and procedures were discussed under the heading FINANCIAL CONDITION with additional information regarding repair parts discussed under the transportation section of FINANCIAL OPERATICNS. (93) As reported in audit report No. 7581, page 16, an accounting proce- dures manual had not been prepared by the finance department, showing in writing the detailed functions and responsibilities of each fiscal position. (94) The financial records of the Board were generally well kept, adequate, and properly balanced. The records, in most instances, were properly supported by source documents; however, it was noted that payments to vendors for airline tickets were not adequately cross-referenced to travel vouchers. Invoices from vendors were not stamped "Paid" or otherwise marked to avoid duplicate payments. (95) Subsidiary records were found to be in agreement with summary accounts, and controls over source documents appeared to be adequate to ensure that all transactions were accurately recorded. (96) Annual financial reports were timely prepared. (97) Evidently due to typing and proofing errors, $84,377.62 withheld by the State Board of Education for servicing bonds, $31,719.98 in driver educa- tion program funds from the State, and $6,386 in other expenses for maintenance of plant from Contracted Program Funds were shown on the annual financial report for 1971-72 as Capital Outlay and Debt Service Funds distributed to districts, State Forest Fund receipts, and expenditures for heating and cooling of build- ings, respectively. Except for the $6,386 amount, these errors do not affect the total amounts reported in the financial statements on exhibit B. (98) The Board minutes were generally well kept, adequately indexed, and currently typed. The minutes appeared to show all official actions of the Board. (99) Comments concerning deficiencies noted on the records maintained for tangible personal property are made under the heading GENERAL FIXED ASSETS. 17 Par. No. OPERATING FUNDS (100) This group of accounts was used to account for all revenue that was available for the current operating expenses of the school district with the exception of revenue specifically earmarked to be accounted for in other fund groups. (101) Specific comments regarding various activities financed by the Operating Funds are included in the sections of this report under the headings FINANCIAL OPERATIONS and INTERNAL CONTROL AND RECORDS. (102) No major new programs were undertaken during the year. DEBT SERVICE FUNDS (103) This fund group was used for the purpose of accounting for revenue earmarked for the retirement of State Board of Education bonds, local bond issues, and revenue certificates. (104) The individual funds in this group were: 1. State Board of Education Bond Issues, A and B Fund 2. Certificate of Indebtedness Fund 3. Racetrack Reserve Fund 4. Interest and Sinking Fund (105) The reserve balance in the Certificate of Indebtedness Fund totaled $134,403 at June 30, 1971, which was $708 short of the $135,111 required. Except for this, the reserve requirements of each fund were met and the required payments were promptly made. CAPITAL IMPROVEMENT FUNDS (106) The funds included in this group were used to account for State and local revenue that is restricted for the purchase of capital outlay items and Federal revenue that the Department of Education directed to be recorded in this fund group. (107) Individual funds were maintained to allow proper accounting for the revenue restrictions. (10R) The Board generally complied with laws and regulations pertaining to Capital Improvement Funds. Section 235.31(1), Florida Statutes, states that bids must be requested for all construction projects, but school boards may elect to construct projects costing $20,000 or less on a day labor basis. During the audit period the Board spent more than $20,000 each on three projects constructed by the Board's maintenance personnel. Also, change orders on four projects were not located for audit. This involved seven change orders totaling $22,672.20. 18 Par. No. (109) The following tabulation shows the accounting for funds for capital outlay purposes derived from the only bond issue for which there were proceeds on hand during the current audit period: State Board of Education Bonds Dated 6-1-62 Receipts Proceeds $750,000.00 Interest 27,376.45 Total Receipts $777,376.45 Expenditures Prior Periods $745,871.74 Audit Period 30,004.50 Total Expenditures $775,876.24 Balance, June 30, 1972 $ 1,500.21 (110) The Board's maintenance department was responsible for a major portion of the building and remodeling projects during the year. Controls over the materials purchased and used in these projects needed major improvements. Controls over the issue of materials also appeared weak, as was stated under the heading FINANCIAL CONDITION. (111) During the audit period four major capital outlay projects were completed. The following tabulation shows estimated and actual costs to complete these projects: Capital Outlay Projects Coral Shores Key Largo Glynn Archer Stanley Reconstruction Elementary Shower Switlik Facilities Elementary Estimated Cost $226. 380.00 $1,003,200.00 $ 80,825.00 81, 003,200.00 Actual Cost: Capital Improvement Fund $292,306.35 $ 59,835.76 $116. 158.00 $ 536, 518.81 Section 237.27 Loan Fund 178. 156.54 612,776.94 Capital Outlay and Debt Service Fund 365,624.30 56, 111.33 Monroe County School Construction Fund 544, 142_00 Total Actual Cost $292,306.35 $1, 147,758.60 $116, 158.00 $1, 205,407.08 Gross Square Footage 12,500 55,329 5,000 52,057 Cost Per Square Fool $23.38 S20.74 S23.23 $23.16 19 Par. No. CONTRACTED PROGRAM FUNDS (112) This group of funds was used in accounting for all revenues which were received from the Federal Government, either directly or through the State, and from philanthropic sources, which were restricted for specific purposes other than the general current expenses of the school district, and which were not directed to be recorded in the Capital Improvement Funds. (113) A total of 56 individual funds were maintained in this fund group during the fiscal year 1971-72, an increase of approximately 43.6% from the 1970-71 fiscal year total of 39 projects. Of the individual funds, all but two were created from Federal funds received through the State. Of the two not received through the State, one was the Neighborhood Youth Corps project funded directly by the Federal Government as discussed under the heading FINANCIAL OPERATIONS. The other fund was a project funded by the Mott Foundation through Florida Atlantic University to establish five demonstration programs in community education. (114) Numerous instances were noted where expenditures were made in excess of budgeted amounts or for items not budgeted before budget amendments were approved by the Department of Education. (115) During the fiscal year 1970-71, the Board did not approve eight Vocational-Technical and Adult Education projects submitted to the Department of Education until the Department's approval had been received. Improvement was noted in this area during the fiscal year 1971-72, as all projects were approved by the Board prior to submission to the Department of Education. (116) A total of $977.28 and $485.40 during 1970-71 and 1971-72, respec- tively, was charged to Contracted Program Funds as the pro rata share of transportation expenses. (117) Expenditures were generally authorized and properly approved by the terms of the grant. Improvements were needed in the procedures and controls exercised over expenditure vouchers as discussed under the headings FINANCIAL OPERATIONS and INTERNAL CONTROL AND RECORDS. GENERAL FIXED ASSETS (118) The purpose of this group of accounts is to account for the cumulative cost of capital outlay items owned by the Board. (119) Except for a 9.87 acre parcel of land located on Big Pine Key valued on the Board's books at $10,000 which was sold for $18,500 in 1970-71, the amounts recorded for land and buildings appeared to be complete and accurate. Subsidiary accounts and an historical record book was kept for each site, in addition to a general ledger control account as support for the balances shown for land and buildings. however, the control account for land was not reduced by $10,000, the original cost of the land sold. Therefore, the value of the land shown on the balance sheet is overstated by that amount. The increases in the land and building accounts during the year were reconciled with the expenditures for them. 20 Par. No. (120) The subsidiary records maintained for motor vehicles were adequate to identify the vehicles owned by the Board. The increase in this account reconciled with the expenditures recorded for motor vehicles. (1211 As reported in audit report No. 7581, pages 19 through 21, the subsi- diary records for furniture and equipment needed improvements. (122) In several areas the Board did not comply with the provisions of Chapter 274, Florida Statutes, and the rules issued pursuant thereto. The property records did not contain names of custodians, dates of inventories, and conditions of items when inventoried. Property numbers had not been assigned to most rifles or to band instruments. The property records did not show the complete record of property dispositions such as the date of sale, to whom the property was sold, amounts received, and receipts numbers. The dispo- sition dates in the property records were the dates of Board approvals instead of the dates of disposition. The actual dates for dispositions could not be determined due to the lack of such information in the records. (123) The time delay between the acquisition of property and its addition to the property records and tagging, as mentioned in the prior audit report, continued in the current audit period. (124) Rules issued pursuant to Chapter 274, Florida Statutes, require that purchases of surplus property be recorded at its actual value at the time of acquisition. During the audit period the Board purchased three one-half ton cargo trucks from the Division of Federal Surplus Property at a service charge of $100 for each truck. The value of these trucks was estimated to be: $500 each by the Assistant Director of Transportation; however, they were recorded on the property records at the acquisition cost of $100. (125) The transportation charges included in the acquisition of property were not consistently recorded in the acquisition cost of property items. In addition, no reconciliation was made between the increase in the furniture and equipment account during the audit period and the capital outlay expenditures recorded for that period. (126) The deficiencies noted in audit report No. 7581, page 20, regarding the records and procedures for the inventory of tangible personal property continued in the current audit period. A complete inventory of the Board's property was still not being conducted annually. It was noted that some items apparently had not been inventoried within the past four years. All of the required information regarding inventories was not being recorded on the property cards. Proper follow-up procedures for unlocated property were not in effect. No evidence was found that motor vehicles were being inventoried. (127) A physical observation of a number of property items disclosed that one item, a circular hand saw, was located at the home of the instructor. The Board's policy No. 4.5.1(11) states that equipment shall not be lent to an individual. In addition, items not located by the Board's personnel for the auditor's observation were as follows: 21 Par. No. Description Property Original Number Cost or Value Trampoline 20702 $566.00 Lawn Mower 19" Toro 27449 81.96 Edger, Clinton 50971 85.00 (128) Expenditure vouchers for property acquired still did not contain the property numbers assigned to the items acquired. (129) As was discussed in audit report No. 7581, page 21, there was no record that the Board made determinations to establish the values for a number of items authorized by it to be sold or for other disposition. (130) On August 11, 1970, the Board authorized the removal from the property records those items destroyed in the fire at a school in November 1969. (131) Target rifles, scopes, and bullet traps owned by the Board were located at the Key West High School when a physical inspection was made by the auditor on August 25, 1971. BONDED AND DEFERRED DEBT AND INTEREST (132) This group of accounts was used to account for long-term liabilities and to show the amounts available at present and to be provided in the future for the retirement of these debts. (133) During 1970-71 the Board obtained three loans totaling $793,000 under the provisions of Section 237.27, Florida Statutes. The loans were obtained for the construction of two new elementary schools, one at Key Largo and one at Marathon. (134) The individual long-term debts outstanding at June 30, 1971, and June 30, 1972, as summarized in the Board's annual financial reports, were as follows: June 30, 1971 June 30, 1972 Total Principal Interest to Total Principal Interest to Maturity Maturity State Board of Education Bonds: Issue Dated June 1, 1955 S 200,942.50 S 185.000.00 $ 15,942.50 $ 160,780.00 S 150,000.00 $ 10,780.00 Issue Dated June 1, 1962 608,670,00 ,500,000.00 108,670.O0 557,030,00 465.000.00 92,030,00 District Bonds Dated August 1, 1955 1,076, 190.00 990,000.00 86,190.00 859,692.00 804.000.00 55,692.00 Special Act, Certificates of Indebtedness Dated June 1. 1966 2,105,612.50 1,330,000.00 775,612.50 2,000,981.25 1,290,000.00 710,981.25 Loans Authorized by Section 237.27, Florida Statutes 902.037.50 793,000.00 109,037,50 660,202.50 594,750.00 55,452.50 Total $4,893,452.50. $3,798,000.00 $1,095,452.50 $4,238,635.75 $3,303,750.00 $934,935.75 22 Par. No. (135) A debt totaling $70,000 at June 30, 1971, and $55,000 at June 30, 1972, was not included in the Board's annual financial reports. This debt is discussed in detail under the heading FINANCIAL CONDITION. (136) General ledger accounts were established during the audit period for the amounts reported on the annual financial reports. (117) All bond and interest maturities during the audit period were paid on a current and timely basis and none were delinquent. (138) Bond registers and other documents were well kept to support payments, bond and coupon cancellations, and amounts outstanding. INTERNAL FUNDS (139) The Board, pursuant to Section 237.02(9), Florida Statutes, had policies that prescribed the principles and procedures to be followed in the administration and control of all local school funds derived by any school from all activities including the school lunch program, or from any other source. The Board's policies were also consistent with regulations adopted by the State Board of Education. (140) The Board was required by Section 6A-1.67(2), Rules of the state Board of Education, to provide for an audit of the internal funds by a qualified auditor or auditors; therefore, the audit of these funds was not included in the scope of this examination. (141) Reports prepared after June 30, 1971, and June 30, 1972, by a local certified public accountant were on file for all the internal funds. No deficiencies were noted in these reports. STATEMENT FROM AUDITED OFFICIAL (142) In accordance with the provisions of Section 11.45(6) (d) , Florida Statutes, 1972 Supplement, a list of audit findings was submitted to the District School Board. The Superintendent's response to the list of audit findings is shown on exhibit C. 23 EXHIBITS AND SCHEDULES The exhibits and schedules attached to this report for the fiscal years ended June 30, 1971, and June 30, 1972, are listed in front of the state— ments for each period. They form an integral part of this report. Respectfully submitted, (Signed) Ernest Ellison, C.P.A. Auditor General Audit supervised by: (Signed) Willard G. Hale Audit made by: (Signed) A. Fornaguera 24 EXHIBITS AND SCHEDULE The following exhibits and schedule are attached hereto for the fiscal year ended June 30, 1971: EXHIBIT - A Combined Balance Sheet. SCHEDULE 1-A Statement of Changes in Reserves and Fund Balances. EXHIBIT - B Statement of Revenue and Expenditures. 25 EXHIBIT - A MONROE COUNTY DISTRICT SCHOOL BOARD COMBINED BALANCE SHEET June 3o, i972 To-AL OFERATINc FUNDS ASSETS AND OTHER DEBITS Assets - Other Than Fixed: Cash $ 3, 596, 761. 44 S1, 033, 162. 92 Accounts Receivable 97, 362. 84 State Board of Education Bond Reserve 105, 550. 63 Material Stores Inventory 42, 738. 9E 42, 738. 96 Fixed Assets: 1, 387, 676.64 Land Buildings 10, 751, 762. 87 Motor Vehicles 474, 964. 83 Furniture and Other Equipment 1, 431, 175. 01 Other Debits: Amount Available for Debt Service 387, 228. 30 Amount to be Provided for Debt Service 4,506, 224. 20 TOTAL $22, 781, 445. 72 S1 , 075, 901. 88 LIABILITIES, RESERVES. AND FOND BALANCES Liabilities: Section 237, 27 Loans Payable to Banks $ 793, 000. 00 $ Bonds Payable: State Board of Education Bonds 685, 000.00 District Bonds 990, 000. 00 Special Act 1, 330, 000. 00 Interest Payable in Future Years: State Board of Education Bonds 124, 612. 50 District Bonds 86, 190. 00 Special Act 775, 612. 50 Section 237. 27 Loans 109, 037. 50 Total Liabilities $ 4, 893, 452. 50 $ - Reserves and Fund Balances: Reserve for Encumbrances $ 2, 219,428. 17 Reserve for Long-term Debt Service 387, 1228.30 Reserve for Future Capital Outlay 66, 867. 72 Reserve for Future Expenditures from Federal Aid Allotments 92, 987. 80 Investment in Fixed Assets 14, 045, 579.35 Unappropriated Fund Balances 1 , 075, 901. 88 1, 075, 901. 88 Total. Reserves and Fund Balances $17, 887, 993. 22 $1, 075, 901. 88 TOTAL $22, 781, 445. 72 $1, 075, 901. 88 ,i F.HI Bi 1' - A 26 EXHIBIT - A DEBT CAPITAL CONTRACTED GENERAL BONDED AND SERVICE IMPROVEMENT PROGRAM FIXED DEFERRED DEBT FUNDS FUNDS FUNDS ASSETS AND INTEREST $281, 677. 67 $2, 236, 673. 60 $ 45, 247. 25 $ S 1, 857. 36 95, 505. 48 105, 350. 63 1, 387, 676. 64 10, 751, 762. 87 474, 964. 83 1, 431, 175. 01 337, 228. 30 4, 506, 224. 20 $387, 228. 30 $2, 238, 530. 96 $140, 752. 73 $14, 045, 579. 35 S4, 893, 452. 50 S $ $ $ $ 793, 000. 00 685, 000. 00 990, 000. 00 1, 330, 000. 00 124, 612. 50 86, 190. 00 775, 612. 50 109, 037. 50 $ - - $ - - S - - $ - - $4, 893, 452. 50 $ 82, 171, 663. 24 $ 47, 764. 93 $ $ 387, 228. 30 66, 867. 72 92, 987. 80 14, 045, 579. 35 $387, 228. 30 $2, 238, 530. 96 $140, 752. 73 $14, 045. 579. 35 $ - - S387, 228. 30 $2, 238, 530. 96 6140, 752. 73 $14, 045, 579. 35 $4, 693, 452. 50 ART SIT - 9 27 SCHEDULE 1-A MONROE COUNTY DISTRICT SCHOOL BOARD STATEMENT OF CHANCES IN RESERVES AND FUND BALANCES For the Flscat Year Ended June go, 1E71 TOTAL Reserves and Fund Balances, July 1, 1970 $16, 389, 887, 25 Add: Excess ( Oef:clenry' of Revenue Over Expenditures 367, 327, 17 Net Increase in Fixed Assets 1, 131, 195. 96 Adjustments to Close Prior Years Projects Reserves and Fund Balances. June no, 1971 $17, 887, 993. 22 .SC;1ZED4i:;P r ,i 28 SCl/EDDL6 1-A OPERATING DEBT CAPITAL. CONTRACTED GENERAL FUNDR SERVICE IMPROVEMENT PROGRAM F' XED FUNDS FUNDS FUNDS ASSETS $1, 686, 995. 48 $390, 294. 89 $1, 292, 576. 37 $105, 637. 12 $12, 914, 383. 39 6 r., 023. 60 -g ob 6.59 945, 966. 40 35, 520. 96 1, 131, 195. 96 - 1.81 -405-35 $1, 075, 901.88 $387, 228. 30 $2, 238, 530. 96 $140, 752. 73 $14, 045, 579. 35 STEED('LE 1-A MONROE COUNTY 1:XHIBIT — B DISTRICT SCHOOL BOARD STATEMENT OF REVENUE AND EXPE,YDITURFS For the Fiscal Year Ended June go, Igyl Total Operating Debt Capital Contracted Funds Service Improvement Program Funds Fur Funds Revenue: Federal Sources $ 535.020.89 $ 535,020,89 $ $ $ State Sources. State 4.325.284.90 3,949,375.72 218,239.70 157.669.48 Federal Money Received Through the State 313.503.54 123,870.42 7,548.76 262.084.36 Local Sources 3.453.272.12 3.237.337.28 174.162.46 31,772.38 10,000.00 Iota/ $ 8,707,081.45 $7.845,604.31 S392,402.16 $ 196,990.62 $272,084.36 Nonrevenue 795,468.00 795,468.00 Incoming Transfers 1,078,300.98 1,071,561.10 6,739.88 oral $10.580,850.43 59,845,609.31 $392,402.16 $2,064,019.72 51.98.824.24 Expenditures: System-wide Administration $ 205,806.79 $ 205.806.79 $ S $ Instruction 5,385,860.23 5,237,646.16 148.214.07 Operation of Plant 548.992.10 548.992.10 Maintenance of Plant 391,625.10 384,809.10 6,616.00 Auxiliary Services 407.888.7G 405,261.48 2.827.28 Fixed Charges 512,132.99 496,552.52 6,843.21 8,737.26 Community Services and Nonprogram Schools 21,575.49 9.377.36 12,198.13 iota/ c.rrent Experses $ 7.473.881.46 $7,288,445,51 $ 6,843,21 S - - S178,592.74 Capital Outlay 1,182,763.86 1,118,053.32 64.710.54 Debt Service 388,625.54 388,625,54 Remittmices to Other Districts and Agencies 89,951.42 89,951.42 Outgoing Transfers 1,078,300,98 1,078,300.98 Total $10,213,523.26 $8,456.697.91 $395,468.75 $1,118,053.3: $243,303.28 Excess !Deficiency) of Revenue Over Expenditures $ 367,327.17 $ —611,023.60 S -2,066.5.9 $ 945,966.41 S 35,520.96 EXHIBIT - B 30 EXHIBITS AND SCHEDULE The following exhibits and schedule are attached hereto for the fiscal year ended June 30, 1972: EXHIBIT - A Combined Balance Sheet. SCHEDULE 1-A Statement of Changes in Reserves and Fund Balances. EXHIBIT - B Statement of Revenue and Expenditures. EXHIBIT - C Statement from Audited Official. 31 EXHIBIT — A MONROE COUNTY DISTRICT SCHOOL BOARD COMBINED BALANCE SHEET June go, 1972 TOTAL OPERATING FUNDS ASSETS AND OTHER DEBITS Assets - Other Than Fixed: Cash $ 1 ,873, 749. 84 $1,019,621. 29 Accounts Receivable 149 ,445. 61 Due from Other Funds 24 ,000. 00 State Board of Education Bond Reserve 105, 436. 48 Material Stores Inventory 148 ,517. 27 148 ,517. 27 Fixed Assets: Land 1, 527 ,393.89 Buildings 12,851, 262. 19 Motor Vehicles 515, 400. 13 Furniture and Other Equipment 1,693, 580. 51 Other Debits: Amount Available for Debt Service 386, 337. 39 Amount to be Provided for Debt Service 3,852 ,348. 36 TOTAL 823,127,471. 67 $1 , 168, 138. 56 LIABILITIES, RESERVES, AND FUND BALANCES Liabilities: Section 237. 27 Loans Payable $ 594,750. 00 $ Due to Other Funds 24 ,000. 00 24 ,000. 00 Bonds Payable: State Board of Education Bonds 615,000. 00 District Bonds 804 ,000. 00 Special Act 1 ,290 ,000.00 Interest Payable in Future Years: State Board of Education Bonds 102 ,810. 00 District Bonds 55,692.00 Special Act 710,981. 25 Section 237. 27 Loans 65, 452. 50 Total Liabilities $ 4,262,685. 75 $ 24,000. 00 Reserves and Fund Balances: Reserve for Encumbrances $ 251 ,326. 40 $ 39 ,359. 69 Reserve for Long-term Debt Service 386 ,337. 39 Reserve for Future Capital Outlay 344, 414. 84 Reserve for Future Expenditures from Federal Aid Allotments 190, 291. 70 Investment in Fixed Assets 16 ,587 ,636. 72 Unappropriated Fund Balances 1 , 104,778. 87 1 , 104,778. 87 Total Reserves and Fund Balances $18,864,785. 92 $1 , 144, 138. 56 TOTAL $23, 127 ,471. 67 $1, 168 , 138. 56 EXHIBIT — A 32 EXHIBIT - A DEBT CAPITAL CONTRACTED GENERAL BONDED AND SER VICE IMPROVEMENT PROGRAM FIXED DEFERRED DEBT FUNDS FUNDS FUNDS ASSETS AND INTEREST $280,900. 91 $442,715. 18 $130 ,512. 46 $ $ 1,940. 40 147 , 505. 21 24,000. 00 105 ,436. 48 1 ,527 ,393. 89 12,351 , 262. 19 515, 400. 13 1 ,693 , 530. 51 386 ,337. 39 3 ,852,348. 36 $386 , 337. 39 $468 ,655. 58 $278 ,017. 67 $16 ,587 ,636. 72 $4, 238 ,685. 75 $ $ $ $ $ 594 ,750. 00 615,000, 00 804 ,000. 00 1,290 ,000.00 102, 810. 00 55,692. 00 710 ,981. 25 65 ,452. 50 $ - - $ - - $ - - S - - $4, 238,685. 75 $ $124, 240. 74 $ 87 ,725. 97 $ $ 386, 337. 39 344, 414. 84 190 ,291. 70 16, 587 ,636. 72 $386, 337. 39 $468, 655. 58 $278, 017. 67 $16 ,587,636. 72 $ - - $386 ,337. 39 $468,655. 53 $278,017. 67 $16 ,587,636.72 $4, 238 ,685.75 EXHIBIT - A 33 SCHEDULE i-A MONROE COUNTY DISTRICT SCHOOL BOARD STATEMENT OF CHANGES IN RESERVES AND FUND BALANCES For the Fiscal Year Ended June 3c, 1972 TOTAL Reserves and Fund Balances , July 1 , 1971 $17, 887 ,893. 22 Add: Excess (DeficiencyI of Revenue Over Expenditures -i,654 ,521 .9i Net Increase in Fixed Assets 2 ,542 ,057. 37 Adjustments to Close Prior Year' s Projects -1, 184 . 69 Adjustments to Fund Balance 90,541. 93 Reserves and Fund Balances, June 32, 1972 S18, 864 ,785. 92 Note: (1) Adjusted by $100 for correction of prior year' s fund balance. SCHEDULE i-A 34 SCHEDULE 1-A OPERATING DEBT CAPITAL CONTRACTED GENERAL FUNDS SERVICE IMPROVEMENT PROGRAM FIXED FUNDS FUNDS FUNDS ASSETS $1,075 ,801. 88( 1) $387 , 228. 30 $ 2 ,238 ,530. 96 $140, 752. 73 $14 .045 ,579. 35 -22,209.25 -890. 91 -1,769,798.42 138,372. 67 2 ,542 ,057. 37 -76.96 -1, 107.73 90, 541. 93 $1 .144 , 138. 56 8386 ,337. 39 $ 468 ,655. 58 8278 ,017. 67 816 , 587, 636. 72 SCHEDULE 1-A EXHIBIT - B MONROE COUNTY DISTRICT SCHOOL BOARD STATEMENT OF REVENUE AND EXPENDITURES For the Fiscal Year Ended June 3o, 1972 Total Operating Debt Capital Contracted Funds Service Improvement Program Funds Funds Funds Revenue: Federal Sources $ 1,363,558.44 $1,256.038.44 $ $ 8107,529.00 State Sources: State 4,868,172.74 4,399,471.27 221,929.10 246.772.37 Federal Money Received through the State 475,446.10 145.167.23 14.786.37 315.492.50 Local Sources 3,718,777.17 3,461,917.63 208.919.02 34,603.12 13,337.40 Tota! 610,425,954.45 S9(262,594.57 $430,848.12 $ 296,161.86 $436,349.90 Nonrevenue 17,180.21 17,180.21 Incoming Transfers 897,201.54 6,463.27 272.044.00 617.325.74 1,369.53 Total 611,340,336.20 $9.269.057.84 $702,892.12 $ 930,667.81 $437,718.43 Expenditures: System-wide Administration $ 245.069.93 $ 244.809.22 $ $ $ 260.71 Instruction 6,155,406.46 5,986,827.41 168,579.05 Operation of Plant 626,420.22 620,034.22 6,385.00 Maintenance of Plant 506,658.94 506,658.94 Auxiliary Services 484,883.82 482,414.42 2,469.40 Fixed Charges 690,985.68 670,235.73 8,778.42 11,971.53 Community Services and Nonprogram Schools 33,239.69 18,011.22 15.228.47 Total Current Exjenses $ 8.742.664.74 $8,528,991.16 $ 8,778.42 $ - - $204,895.16 Capital Outlay 2,698,453.56 2,604,002.96 94,450.60 Debt Service 656,499.87 656,499.87 Remittances to Other Districts and Agencies 38.40 38.40 Outgoing Transfers 897,201.54 762,233.53 38 ,504.74 96,463.27 Total 612.994.058.11 $9,291,253.09 $703,783.03 $ 2,700,466.23 $299,345.76 Excess (Deficiency) of Revenue Over Expenditures $-1,65V,521.91 $ -22,205.25 $ -890.91 $-1,769,799A2 $138,372.67 EXHIBIT - B 36 MONROE COUNTY EXHIBIT - C DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 1 , 197o to June 3o, 1972 OFFICE OF GLYNN R. ARCHER. JR. lPrtsbm of 1Fe iTloaed Aa.rr. SUPT. FOR g1t37£rlltt£Itlo£ltt of gtfrools DISTRICT NO. I ADMINISTRATION MONROE COUNTY ROBERT A. DION NED A. SIMMONS nest, .y DISTRICT NO. 2 ASSN. SUPT. FOR BD 3tt5t, 'JI1DCnba ENOCH H.WALKER ELEMENTARY INSTRUCTION VICE.CHAIRMAN DISTRICT NO. 9 ARMANDO J. HENRIOUEZASSN. SUPT. FOR svDN EY E. MATHEWS SECONDARY INSTRUCTION SUPERINTENDENT DISTRICT NO. 4 HILARY WILHELMINA G. HARVEY L BOARD RD HY TTV R NFY DISTRICT NO. 5 SCHOOL RUTH ALICE CAMPBELL RAMONA L. KNIGHT CHAIRMAN DIRECTOR OF In"R" JOSEPH L. CATES DIRECTOR OF MAINTENANCE LOUIS R. ADAIR DMECTOROFFERSONNEL July 19, 1973 Mr. Ernest Ellison Auditor General State of Florida Tallahassee, Florida 32304 Subject: Preliminary Audit July 1, 1970 to June 30, 1972 Dear Mr. Ellison: Thank you for the opportunity to comment on the list of preliminary and tentative audit findings which apply to the period of July 1, 1970 to June 30, 1972. Attached is a statement of explanation concerning all of the find- ings and what we propose to do to correct same. Sincerely, A. J. Henriquez AJH/vm Encl. EXHIBIT - C (Continued) 37 EXHIBIT - C MONROE COUNTY (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 3, 197o to June 3o, i 972 Audit Report Paragraph Number (5) The Board no longer maintains a separate bank account for FICA taxes. As recommended, this account is incorporated into the Board's financial records. 17) The Stores and Distribution Warehouse has outlined inventory instruc- tions and established inventory dates for inventories to be taken. (7) The S & D Warehouse uses the OS&D Report to adjust discrepancies in stock control records. Differences between physical count and recorded balances are adjusted by verification of correct physical count and recorded balances. This information is recorded on inventory adjustment report and vouchered and differences posted so that recorded balances agree with stock count. (7) The conditions as outlined in paragraph four of the Audit Report have been corrected. Cut-off date of June 15th has been established and inven- tory taken as of June 30th. Hopefully, the next audit will reflect these changes. With reference to the Transportation's inventory procedures, corrections have been made in these areas and trust that in the coming year problems will be resolved. (8) Provisions were not provided on the current Annual Financial Report to include the liability of $70,000. Under the new CAMIS system's Annual Financial Report we have provided for the reporting of this liability. (19) As reported, as of 1971-72 there have been no students from the Montanari Sea Camp. Any future tuition fees for students from this institution will be at the $50 fee. (20) Revenue on accrual basis should be recorded in year earned; not necessar- ily in year cash received. Accounts Receivable could have been set up for these items and then shown as a collection of receivable when it actually was collected--this will be implemented. (25) Flexibility funds can be spent in various accounts including textbooks. Of the $68,014.39, $64,235.05 was charged to textbooks and $3,779.34 was charged to other accounts equalling total allocations of $68,014.39. (30) The District School Board adopted a new schedule for the Community School Program on February 14, 1973. The new schedule went into effect March 1, 1973. In our discussion with the auditors it was emphasized that the new salary schedule would eliminate the discrepancy as indicated in the Audit Report. EXHIBIT - C (Continued) 38 MONROE COUNTY EXHIBIT C (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 1 , 1977 to June 7o, 1972 Audit Report Paragraph Number (31) Verification of previous employment on all employees is being requested upon employment. (31) Dates of appointment and periods of employment are now being recorded on each employee's payroll card. (31) Job descriptions for administrative personnel are on file. We are in the process of establishing job descriptions for each position in the non- instructional area. (33) During the past year the District's principals and supervisory person- nel have been engaged in the development of a method of evaluation by object- ives that is consistent with the District's move towards a system of manage- ment by objectives. Principals and supervisory personnel have set forth for the coming school year a list of performance objectives agreed upon between them and the superintendent on which they will be evaluated for the 1973-74 school year. Copies of these objectives and the evaluation of their degree of attainment will be their assessment of performance and will become part of the records of principals and other supervisory personnel. (45) As stated previously, the Board justified the acceptance of the Burroughs Corporation bid as opposed to the National Cash Register Company's, not only to the low annual maintenance cost, but the additional memory capacity was necessary to implement the Board's new cost-accounting system. (49) Continuing attempts are being made to secure from the insurance carrier the information needed in order to determine a pro-rata cost of the insurance policies shared by the Board and the Florida Keys Community College. The College is also in the process of securing its own separate insurance so this should not be a continuing problem. (50) Investigations with our insurance carrier indicates there would be no substantial savings effected by dropping certain vehicles during the summer closing of schools; such action would also preclude the use of any such vehicles should the need arise. (55) Better interest rates are obtained when Time Deposits are purchased for periods longer than three months. It is felt that the Board's responsibility is to obtain the maximum return on its investment. Up to the present time the banks would not compute the interest quarterly. This is done upon matur- ity of the specified period. Only one bank at present is computing quarterly regardless of the maturity date of any said Time Deposit. EXHIBIT - C (Continued) EXHIBIT - C mu,LNcl _o.,cr. (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL Judy 1 , 297o to June qo, ig72 Audit Report Paragraph Number (60) Close attention will be rendered to assure that mileages shown on the Mid-Year Report will correlate more closely with that of the bus drivers' reports. (Si) Bus drivers will be instructed to complete Form TR-1 in accordance with the instructions on page 4 of the 35th edition of the Drivers Handbook.. The forms in question were not available for this report. However, informa- tion comparable to that of TR-1 is available in the transportation office on Form MC-T.4 (Driver' s Daily Check List). (62) The only source available to determine the number of students transported from school centers to Vocational/Technical areas was the bus route sheet. From this trip sheet it was determined that 167 students were transported to and from Voc/Tech on two buses. A total of 12 on Bus #59 by Mrs. Marrero; 155 on Bus #85 by Mrs. Diezel. The number of transported students to and from Voc/Tech will be reported on Form TR-11 in the future. (64) The gasoline credit cards mentioned on page 6 will be withdrawn form all stations in the Middle and Upper Keys. The custody of the cards in these areas will be placed with the gas pump attendent. The only exception for gas pur- chases on credit cards will be in the event of non-delivery to our pump by the supplier. It must be remembered that 20-day inspections, tire changes, and most minor repairs are charged to said cards and the gas pump attendent will be responsible for verifying these charges. We also have one bus in Pine Crest, Florida, that must do business exclusively by credit card. This unit is approximately 100 miles from the School Board's nearest pump. 176-78) A new contract is being entered into with the Guidance Clinic which we hope will comply with some of the recommendations noted in the Audit Report. (80) In the future advance payments to the U. S. Navy for utilities will be recorded as deposits receivable and adjustments for expenditures. (61-82) More detailed procedures and practices have been outlined and are being implemented in the Vocational/Technical Education Department. Procedures for the recording and resale of books to students has been changed. Also, a new inventory form is being designed. (83) Receipts issued are pre-numbered. (84) Where students, teachers and others are permitted to bring personal items to be repaired in class as a part of the students' learning process, a charge was made for the cost of the parts and, if other than the student, labor. Funds collected for this purpose are deposited in a special internal account and are used for the replacement of equipment and other improvements of the program earning the funds. 3 - EXHIBIT in -ued) (Continued) 40 ( MONROE COUNTY EXHIBIT - C (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 1 , 1970 to June 3o, 1072 Audit Report Paragraph Number (65) Parts of engines were received--some good; some beyond use. Property Control Clerk has numbered these parts. Other unusable parts are stored. (88) Under the new cost-accounting system adopted by Monroe County District School Board a new procedure is being followed to record the revenue from sale of books--this will provide the true net cost of other programs. (89) While in the process of adopting a new cost-accounting system as a Pilot Program, changes in personnel and duties assigned were required. In this particular area the job description and duties assigned to each posi- tion is being carefully considered. (90) Under the new system and with the installation of the L-5000 Electronic Computer all warrants and vouchers are pre-numbered. (91) Payroll warrants continue to be signed by the use of facsimile signature plates. This is done in another department other than in the Payroll Depart- ment and the access and responsibility to the signature plates and keys to the machine is definitely assigned to one specific person and to an alternate in her absence. (94) New procedures are being implemented whereby adequate cross-references appear on both invoices paid to vendors for airline tickets as well as on the respective travel voucher. {los) To-date the reserve balance required in the Certificate of Indebtedness Fund has been met. (119) Not reducing the control account for land by $10,000 as mentioned in the Audit Report was an oversight. This was promptly corrected. (121) The name of the property custodian of a location at a given time can now (122) be quickly determined by referring to a "Property Custodian" record maintained in the property control office. The fiscal year that an item was inventoried by property control is indicated on the property record card for the item. The full inventory date and condition of an item can be quickly found by re- ferring to the property control inventories which are filed by fiscal year and in alphabetical order by location. (122) Property numbers have now been assigned to rifles and band instruments on official property control records. EXHIBIT - C 4 - (Continued) 41 EXHIBIT - C MONROE COUNTY (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 1 , 197o to June 3o, 1972 Audit Report Paragraph Number (122) A form has now been devised which provides for the actual date that an item approved for removal is disposed of (e.g. , destroyed, picked up by the Maintenance Department for cannibalization, picked up by successful surplus bidder). The property record card appropriately shows the date of sale, the name of the successful bidder and the bid amount. Now the actual date of disposition can also be noted on the card. (123) The "$100.00 minimum" legislation effective May 31, 1973 is reducing the overall quantity of new items which property control has responsibili- ties with and, thus, the gap between the time an item is acquired, then tagged and subsequently submitted on official property control reports should be shortened. (124) As of June 30, the three cargo trucks are officially valued at $500.00 each. A procedure has been devised which should eliminate the type problem which occurred with the original property control valuation of the trucks. (125) It occasionallyis impossible for p property control to break down trans- portation charges on a per-item basis as a vendor may list one transportation charge applicable to several unalike items. However, in such an instance the charge is so noted on property- control's voucher record. (125) It is anticipated that a reconciliation will be made for the 1972-73 fiscal year between property control records and finance office records. (rzs) Again, as a result of the "$100.00 minimum" legislation, the taking of inventories annually, including vehicles, of all locations by property control and the implementation of a consistent follow-up procedure are anticipated. (127) A procedure has been set up in which property custodians notify the employees at their respective locations in writing of the Board's policy on the lending of equipment to an individual. (127) The trampoline assigned property number 20702 has been determined as an untagged trampoline temporarily located at the Horace O'Bryant Junior High School Cafetorium. The item's frame had been recently pained thus oblitera- ting the 20702 number. The lawn mower and edger assigned property numbers 27449 and 50971, respectively, have been placed in the category wherein items' tags are not recognizable and reconciliation is necessary. (12B) Effective immediately property numbers are being indicated on the expen- diture vouchers upon items being tagged. (129) For some surplus items, it is felt the District School Board comes out ahead even if an item is sold at a very low price since the successful bidder must remove an item from school grounds at his own expense; this is in contrast to a minimum acceptable bid being established with no one bidding and the Board eventually having to remove an item at its expense. EXHIBIT - C (Continued) - 5 'z MONROE COUNTY EXHIBIT - C (Continued) DISTRICT SCHOOL BOARD STATEMENT FROM AUDITED OFFICIAL July 1 , a97o to June 3o, 1972 Audit Report Paragraph Number (124) It should be noted that property control records are currently being computerized. Ultimately, the desired results in the department should thus be achieved more expeditiously and efficiently. 113s) As mentioned on page 1 provision has been made for reporting this liability. July 19, 1973 -1y"' (Date) A. J. Henriquez Superintendent of Schools (Title) fn_ EXHIBIT - C 71a)