0

Sunnyside schools receive clean audit

The Sunnyside School District received a clean audit report from the Washington State Auditor's Office earlier this week.

There were no findings in the report, which included a review of the school district's financial records for Sept. 1, 2010 through Aug. 31, 2011.

Superintendent Dr. Rick Cole said the school district is very pleased with having another clean financial audit.

"Our finance department and administrators have worked incredibly hard to develop and maintain a strong system of fiscal compliance," he said.

The auditor's office reviewed financial statements and found no significant deficiencies or material weaknesses in the design or operation of internal controls.

"We noted no instances of non-compliance that were material to the financial statements of the district," said auditors.

A review of the school district's federal awards was also completed with no deficiencies or material weaknesses reported.

"As part of obtaining reasonable assurance about whether the district's financial statements are free of material misstatement, we performed tests of the district's compliance with certain provisions of laws, regulations, contracts and grant agreements, non-compliance with which could have a direct and material effect on the determination of financial statement amounts," said Washington State Auditor Brian Sonntag.

The Sunnyside School District governmental funds budget sheet disclosed a total of more than $22.13 million worth of assets. That included more than $11.6 million that was owed to the district from other governmental entities.

The district's reported liabilities were in excess of $8.4 million, of which more than $7.7 million was from accounts payable.

In the district's "statement of revenues, expenditures and changes in fund balance report," the funds coming in during the time frame that was audited exceeded $82.68 million.

Cole said, "We will continue to act as good stewards of the resources provided to support success for our students and staff."

Comments

Comments are subject to moderator review and may not appear immediately on the site.

Please read our commenting policy before posting.

Any comment violating the site's commenting guidelines will be removed and the user could be banned from the site.

Use the comment form below to begin a discussion about this content.

Sign in to comment