SLIDE 1
1
2
public sector & government
Agenda
- Discussion of Audit Results
- Review of Financial Highlights
- Review of Compliance Audit
Guilford County Board of Education Board Presentation public - - PowerPoint PPT Presentation
Guilford County Board of Education Board Presentation public - - PowerPoint PPT Presentation
Guilford County Board of Education Board Presentation public sector & government 1 Agenda Discussion of Audit Results Review of Financial Highlights Review of Compliance Audit public sector & government 2 REVENUES
SLIDE 2
SLIDE 3
3
public sector & government
REVENUES
$222,508,826 $215,821,497 $217,766,306 $441,066,544 $416,531,275 $403,146,175 $48,181,008 $44,158,033 $49,288,288
- 50,000,000
100,000,000 150,000,000 200,000,000 250,000,000 300,000,000 350,000,000 400,000,000 450,000,000 500,000,000 2019 2018 2017
Guilford County Board of Education General, Special Revenue, State and Federal Revenues
General and Special Revenue State Public School Fund Federal
SLIDE 4
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public sector & government
EXPENDITURES
77.2% 76.3% 76.6% 22.8% 23.7% 23.4% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 2019 2018 2017
Guilford County Board of Education Expenditures by Purpose as a %'age of Total General, Special Revenue, State and Federal Expenditures
Instructional Other
SLIDE 5
5
public sector & government
GENERAL AND SPECIAL REVENUES FUND BALANCE
$21,731,812 $15,821,406 $12,036,306 $10,708,721 $4,623,615 $6,363,334 $7,708,721 $4,398,372 $5,282,182
- 5,000,000
10,000,000 15,000,000 20,000,000 25,000,000 2019 2018 2017
Guilford County Board of Education General and Special Revenue Fund, Fund Balance
Total Available for appropriation Unassigned
SLIDE 6
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public sector & government
GENERAL AND SPECIAL REVENUE FUND BALANCE
4.91% 2.18% 2.94% 3.53% 2.08% 2.44% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 2019 2018 2017
Guilford County Board of Education
General and Special Revenue Fund, Fund Balance, as a % of General and Special Revenue Fund Expenditures
Available for appropriation Unassigned
SLIDE 7
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public sector & government
SCHOOL FOOD SERVICE FUND
SLIDE 8
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public sector & government
YELLOWBOOK REPORT Report on internal control and compliance in accordance with Government Auditing Standards Finding:
2019-001 – Expenditures in excess of budget for Child Nutrition Fund
SLIDE 9
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public sector & government
FEDERAL AWARDS AND FINDINGS
- Major Programs
- 10.553, 10.555 Child Nutrition Cluster
- Findings: None
SLIDE 10
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public sector & government
STATE AWARDS AND FINDINGS
- Major Programs
– State Public School Fund – Textbooks – State appropriated school buses
- Findings: None
SLIDE 11
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