Coweta Board of Education
School system's audit 'clean'
by Rebecca Leftwich
Accountants who performed the annual state audit of the Coweta County School System’s finances said say the audit was “problem-free.”
A report from the Education Audit Division of the Georgia Department of Audits and Accounts indicated an unqualified, or “clean” audit opinion for Fiscal Year 2012.
“The financial statements of the (Coweta County) School District are considered to present fairly the financial position and results of operations as of, and for the year ended June 30, 2012,” the auditors reported.
“That’s good,” said Audit Supervisor Jennifer Thomas, who presented the report to the Coweta County Board of Education at its Tuesday meeting. “That’s what you want.”
Thomas praised Associate Superintendent of Finance Keith Chapman and his staff, with whom she has worked on previous audits.
“It’s always been pleasure working with your staff,” Thomas said. “They’re always willing to work with us and give us information as quickly as possible.”
Superintendent Steve Barker thanked Thomas for her report and expressed his appreciation for his staff as well, saying members of the school system’s finance department “do an outstanding job” even under the intense scrutiny of the Department of Audits.
“We appreciate the job you do,” Barker said, calling the clean audit “something to be proud of.”
In his financial report, Chapman had more encouraging news for the board: The school system remains on track to use less than half of the $10 million-plus in reserve funds built into the FY 2013 budget.
“We continue to work toward using much less of our reserve,” said Chapman. “Right now it’s $4.8 million, but hopefully it will be even better than that when we get through June.”
In other business, board members approved an intergovernmental agreement between Coweta County and the school system for paving projects at East Coweta Middle and East Coweta High schools. Resurfacing at both schools and additional parking areas at the high school were included in the county’s bids for paving.
“We had the good fortune of coordinating with the county, and with the scope of their work, we were able to join their bidding process and get more competitive pricing,” Barker said.
Blount Construction was awarded both school projects at a cost of $795, 851.99 for the high school portion and $304,140 for the middle school portion. Barker said the work will be completed this summer.