The Whiteside School District does not have any internal controls on the district's financial records as reported in the audit of the district's financial records. The audit issued for the school year ended in 2012 reported that the district did not prepare any reconciliation of its bank accounts to the general ledger for the entire year. The auditors reported that the district would correct their serious breach in the district's internal control.
Well, guess what? The audit issued for the school year ended June 30, 2013, reported the same weakness in the district's internal control. No bank reconciliations have been prepared for two years. How can the administration and board of education allow this serious issue to continue? Are they so uninformed or incompetent as to not know or care enough to fix a serious breach in the district's cash control?
It is obvious that the district has chosen to ignore the recommendations of the auditors. It is quite obvious to me that the current employees of the district financial office do not have the experience necessary to perform the duties of their office.
When is the board going to hold the superintendent accountable for her lack of supervision and make sure that the recommendations made by the auditors are implemented retroactive to the beginning of the 2012 school year? Without the cash accounts being reconciled, neither the board nor the administration can say that all the district cash has been accounted for.
Louis J. Netemeyer