Wednesday, August 23, 2006
SVID sails through audit
For the 11th consecutive year the Sunnyside Valley
Irrigation District was given a clean bill of financial health by state
In a summary released last week from an audit conducted in
March 2006, auditors evaluated SVID's bookkeeping related to account
receivables, cash receipts, payroll, purchases and financial statement
The audit's results showed that SVID "complied with
state laws and regulations". In addition, the state found that SVID's
internal financial controls "were adequate to safeguard public
Granger schools receive passing grade from auditor
The state auditor's office found that the Granger School
District's financial records complied with state laws and the district's own
financial policies, according to a report issued last week.
The school district, which received its fourth consecutive
audit with no negative findings, was formerly audited every two years.
State auditor officials noted, however, that an annual audit
became necessary since Granger schools spent more than $500,000 in federal
funds during the 2004-05 fiscal year.