School District Gets Clean Audit

The Lincoln Parish School District received an “unmodified” audit opinion for their 2018-2019 fiscal year books, Allen, Green & Williamson’s Margie Williamson last night told the monthly meeting of the school board.

An unmodified opinion is the best opinion that can be given, Green said, and means that the financial statements are presented, in all material respects, in accordance with applicable financial reporting framework.

She noted however, that the district’s fund balance had decreased.

Said Williamson, “The net change in fund balance for the general is actually a decrease of $3.5 million.”

Also, she said there were two findings, one of which involved monies at Simsboro School.

“Around mid-April, the principal contacted the athletic director and asked him to look into the baseball account. The baseball coach intentionally ignored school board receiving and expenditure procedures for the baseball fund. Throughout the year, he collected funds without receipting individuals who turned in money to him and he didn’t deposit these funds into the school account. The baseball coach stated that the funds he collected and didn’t deposit were used for various purposes, but were all for school purposes. But he didn’t provide any receipts for those expenditures.

Several issues were also noted where the bookkeeper didn’t follow the school board policy regarding student activity funds. There were numerous receipts written to individuals she didn’t actually receive money from. Most of the receipts reviewed had no documentation. Fund raisers weren’t tracked or reconciled.”

The second finding involved an inadvertent error in the health insurance fund.

The board head several reports from department heads, including the monthly personnel report

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