The Georgia Department of Audits and Accounts released its report, Tuesday, on 2012 financial statements of the DeKalb County School District with an “unqualified opinion,” indicating the information provided is a “reasonable representation” of the financial records of the District.
The audit of finances for July 1, 2011 through June 30, 2012 identified three “material weaknesses” that required district action:
1. Budget preparation. The audit directed the elimination of the deficit fund balance and directed adoption of a balanced budget.
2. Inadequate accounting procedures. The audit requested better internal controls.
3. Inadequate internal controls. The audit revealed weaknesses in internal controls related to a federal education technology grant.
"The FY 2012 Audit findings are accurate and sobering. Many of the documented deficiencies have already been corrected,” said Superintendent Michael Thurmond. "We are working diligently to restore integrity and accountability to our fiscal operations and managerial oversight."
Dr. Melvin Johnson, Board Chair stated, “The DeKalb Board of Education, Superintendent, employees, parents, teachers, students and other stakeholders are working tirelessly to restore fiscal integrity to the school system.” He added, “We have made significant progress but much more needs to be done and together we will be successful.”
Do you think the DeKalb County School District is making progress? Tell us in the comments-