Presentation is loading. Please wait.

Presentation is loading. Please wait.

INDEPENDENT SCHOOL DISTRICT NO. 885 St. Michael-Albertville, Minnesota Audited Financial Statements June 30, 2012.

Published byKarin Murphy Modified over 7 years ago

Similar presentations

Presentation on theme: "INDEPENDENT SCHOOL DISTRICT NO. 885 St. Michael-Albertville, Minnesota Audited Financial Statements June 30, 2012."— Presentation transcript:

1 INDEPENDENT SCHOOL DISTRICT NO. 885 St. Michael-Albertville, Minnesota Audited Financial Statements June 30, 2012

2 Independent Auditor’s Reports Unqualified Opinion – Best Opinion Auditor can Issue Financial Statements Present Fairly in all material respects the financial position and change in financial position of the governmental activities, each major fund and the aggregate remaining funds Unqualified Opinion on Single Audit Compliance – Child Nutrition Program and Education Jobs Minnesota Legal Compliance – four findings – EFT policy, performance/payment bonds, bidding threshold, awarding contracts

3 General Fund Budget Revenue of $ 42.0 million Expenditures of $ 41.9 million Net increase in fund balance of approximately $ 104 thousand

4 General Fund Performance Actual Revenue $ 43.2 million – $ 1.2 million over budget – Student Activities and Federal monies Actual Expenditures $ 42.9 million - $ 1.0 million over budget – Student Activities and Special Education Fund Balance increased $ 277 thousand to a year end balance of $ 8.5 million

5 INDEPENDENT SCHOOL DISTRICT NO. 885 RESIDENT AVERAGE DAILY MEMBERSHIP

6 INDEPENDENT SCHOOL DISTRICT NO. 885

7 INDEPENDENT SCHOOL DISTRICT NO. 885 PUPIL WEIGHTING BY GRADE

8 INDEPENDENT SCHOOL DISTRICT NO. 885 TOTAL WADM SERVED

9 INDEPENDENT SCHOOL DISTRICT NO. 885

10

11

12

13 INDEPENDENT SCHOOL DISTRICT NO. 885 GENERAL FUND EXPENDITURES

14 INDEPENDENT SCHOOL DISTRICT NO. 885

15 INDEPENDENT SCHOOL DISTRICT NO. 885 REVENUE PER ADM SERVED

16 INDEPENDENT SCHOOL DISTRICT NO. 885 EXPENDITURES PER ADM SERVED

17 INDEPENDENT SCHOOL DISTRICT NO. 885

18 INDEPENDENT SCHOOL DISTRICT NO. 885 GENERAL FUND PERFORMANCE

19 INDEPENDENT SCHOOL DISTRICT NO. 885 GENERAL FUND BALANCE BY CATEGORY

20 INDEPENDENT SCHOOL DISTRICT NO. 885

21

22 INDEPENDENT SCHOOL DISTRICT NO. 885 DISTRICT LONG-TERM DEBT

23 INDEPENDENT SCHOOL DISTRICT NO. 885

24 INDEPENDENT SCHOOL DISTRICT NO. 885 TAX LEVY AND TAX RATE

25 INDEPENDENT SCHOOL DISTRICT NO. 885

26

27 INDEPENDENT SCHOOL DISTRICT NO. 885 FOOD SERVICE FUND

28 INDEPENDENT SCHOOL DISTRICT NO. 885 COMMUNITY SERVICE FUND

29 Audit Findings & Recommendations Material Audit Adjustments Lack of Segregation of Accounting Duties Preparation of Financial Statements Offsite Cash Collections

Download ppt "INDEPENDENT SCHOOL DISTRICT NO. 885 St. Michael-Albertville, Minnesota Audited Financial Statements June 30, 2012."

Similar presentations

Washoe County Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2005 Report to the Board of County Commissioners Presented by Katherine.

Washoe County Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2005 Report to the Board of County Commissioners Presented by Katherine.
Review of Audited Financial Statements as of and for the Year Ended June 30, 2013.

Review of Audited Financial Statements as of and for the Year Ended June 30, 2013.
1 Warren County June 30, 2009 Audit Presentation Winston, Williams, Creech, Evans & Co., LLP Certified Public Accountants.

1 Warren County June 30, 2009 Audit Presentation Winston, Williams, Creech, Evans & Co., LLP Certified Public Accountants.
ISD NO. 492 AUSTIN June 30, 2008. ISD NO. 492 AUSTIN General Fund Unreserved/Undesignated Balance.

ISD NO. 492 AUSTIN June 30, ISD NO. 492 AUSTIN General Fund Unreserved/Undesignated Balance.
Financial Audit Presentation Year Ended June 30, 2013 The School District of Newberry County Greene, Finney & Horton, CPAs.

Financial Audit Presentation Year Ended June 30, 2013 The School District of Newberry County Greene, Finney & Horton, CPAs.
ISD #2184, Luverne, MN 56156 Truth in Taxation Report December 18, 2014.

ISD #2184, Luverne, MN Truth in Taxation Report December 18, 2014.
ISD NO. 492 AUSTIN June 30, 2006. ISD NO. 492 AUSTIN General Fund Unreserved/Undesignated Balance.

ISD NO. 492 AUSTIN June 30, ISD NO. 492 AUSTIN General Fund Unreserved/Undesignated Balance.
HENDERSON COUNTY COMPREHENSIVE ANNUAL FINANCIAL REPORT JUNE 30, 2006.

HENDERSON COUNTY COMPREHENSIVE ANNUAL FINANCIAL REPORT JUNE 30, 2006.
2009 Payable 2010 Levy Certification Independent School District 196 Rosemount-Apple Valley-Eagan Public Schools December 14, 2009 Educating our students.

2009 Payable 2010 Levy Certification Independent School District 196 Rosemount-Apple Valley-Eagan Public Schools December 14, 2009 Educating our students.
1 School FIRST Financial Integrity Rating System of Texas.

1 School FIRST Financial Integrity Rating System of Texas.
Bandera Independent School District An Overview of Financial Integrity Rating System of Texas Presented by: Tish Grill.

Bandera Independent School District An Overview of Financial Integrity Rating System of Texas Presented by: Tish Grill.
 Was required by act 7 of the 2005 legislature  Made up of 20 evaluation criteria to show the local districts trends or current standing  Used to make.

 Was required by act 7 of the 2005 legislature  Made up of 20 evaluation criteria to show the local districts trends or current standing  Used to make.
CITY OF MISSOULA, MONTANA Audit Exit Conference Year Ended June 30, 2009 Presented January 20, 2010.

CITY OF MISSOULA, MONTANA Audit Exit Conference Year Ended June 30, 2009 Presented January 20, 2010.
AUDIT HIGHLIGHTS YEAR ENDED JUNE 30, 2013. Audit Opinion- “Unqualified Opinion” audit report Pages 2-3 District’s Financial Position Improving!

AUDIT HIGHLIGHTS YEAR ENDED JUNE 30, Audit Opinion- “Unqualified Opinion” audit report Pages 2-3 District’s Financial Position Improving!
TOWN OF SULLIVAN'S ISLAND, SOUTH CAROLINA OVERVIEW OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2008.

TOWN OF SULLIVAN'S ISLAND, SOUTH CAROLINA OVERVIEW OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2008.
Paw Paw Public Schools Budget Amendment Presentation 2014/2015 December 10, 2014.

Paw Paw Public Schools Budget Amendment Presentation 2014/2015 December 10, 2014.
Cleveland Municipal School District Fiscal Year 2009 Budget Overview.

Cleveland Municipal School District Fiscal Year 2009 Budget Overview.
City of Marshall 2014 Audit Kyle Meyers Governmental Services Partner 507-304-6801.

City of Marshall 2014 Audit Kyle Meyers Governmental Services Partner
Schools FIRST Denton Independent School District September 27, 2005.

Schools FIRST Denton Independent School District September 27, 2005.
Financial Integrity Rating System of Texas. Originated by SB218 of the 77 th Texas Legislature in 2001. Expands the public education accountability system.

Financial Integrity Rating System of Texas. Originated by SB218 of the 77 th Texas Legislature in Expands the public education accountability system.

Similar presentations

Ads by Google