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Hart District audit: Looks good this time

• New look finds district complying with Measure V, Prop. 39 spending rules

Posted: May 23, 2008 2:29 a.m.
Updated: July 24, 2008 5:02 a.m.
A performance audit found the Hart district in compliance with the requirements of the Proposition 39 and Measure V requirements during the fiscal year ending June 30, 2007.

Gema Ptasinski of Vicenti, Lloyd & Stutzman presented a summary of that audit during a meeting of the William S. Hart Union High School District governing board Wednesday.

"The scope of our audit was to look at expenditures between July 1, 2006 and June 30, 2007," Ptasinski told the board. "We looked at invoices and supporting documents, and we also looked at any transfers that were made."

The district is required by law to conduct an annual independent performance audit to ensure that the proceeds of the bonds deposited into the Measure V funds have been expended only for the authorized bond projects.

According to Ptasinski, her firm verified that the district has properly accounted for the expenditures made with Measure V funds, and that such expenditures were made on authorized bond projects. Ptasinski also noted that Measure V funds held and spent by the district were not expended for salaries of school administrators or other operating expenditures.

Another accounting firm, Moss Adams, found in its 2005-06 performance audit that the district could not provide proof of complete compliance with Measure V and Proposition 39 funding source requirements due to transfers between accounts in the amount of $6.6 million that were not properly documented.

The Hart district has asked Vicenti, Lloyd & Stutzman to conduct a limited performance audit to address open issues from the 2005-06 audit.

"We want to conduct a limited audit of that $6.6 million," Hart District Chief Operations Officer Rob Gapper told the board.

Board member Dennis King said he hopes that looking into the ambiguity of the 2005-06 audit will "give the community some clarity."


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