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Show SCHOOL AUDITS SHOW LAXr.ESS l!in Clerk and Treasurer in Tintic District Hare Not Agreed in Account. OVer Period of Year. In tha audit of tha Tlntle school district, which haa been made hy Beeeley-Reeves A Co., puhllo accountant, ac-countant, and filed with the atata superintendent of public Instruction, Instruc-tion, the aorountanta say) This IrvestlgaUoB.Jiaa javaaladi the fact that at no time during the period of our audit either at the commencement or since has the actual funds on hand with the treasurer agreed with thoee reported re-ported by the clerk. This condition con-dition has arisen through tha bad practice of allowing the Eureka Ranking comnany to make charges agalnat tha district's bank account without aecurlng a achooL;warrsnt authorizing the sums. These charges 'for the most part cover interest due tha bank on overdrafts over-drafts and notea. payable. 'At July t. 1121, the data the audit commenced, we discovered that there wss a difference between be-tween the clerk'a cash balance and that of the treasurer amounting to lil7.lt. In the following November Novem-ber warrant No. 101 was passed through the clerk's books but not thmuah ths bank account to adlust 11220 II of the shove amount. This smount covered old Interest charges debited by the bank during dur-ing It'll, lilt or 1110. -UNFAIR EXPENSE ITEM, "The effect of thle warrant was to throw Into operating disbursements disburse-ments of 1121-22 the above Interest charges rightfully -Belonging ts the previous ye re. "At June le. it:i. tha treaaurer fund are short, equaling tha bal-' bal-' (Continued on page I.) - approximately $100, and In addition addi-tion to the reeelpta leaa than tha cellmate tha dlatrlct found It nee-eaaary nee-eaaary to purr ha ae a Dodge truck for lit?, whloh waa not Included In tha eetimated disbursements." OCMANO RECOMMENDED. ; "No record of the receipt of Intereat from banka on depoalta during prior yeara ta tba prsaent were found." and hta audit suggests sug-gests that demand be made an the depository therefor.1 -The lit provides that tha achool board ahall Include In the annual an-nual estimate and tax levy." eon-tinuea eon-tinuea the audit, "an amount diffident dif-fident to pay the Intereat on tha outstanding bonda and to create a Inking fund of I per cent of the outstanding; bonda Wa ehow the amount which ehould ba en hand In tha sinking fund if the required re-quired amount bad been depoalted each year at 4 per cent. The law provide that these funda ahall not he uaed for any other purpose than for which levied. The board .of county commissioners can also be held under section eijl of the revised re-vised atatutea for failure to are that tha sinking fund waa provided by tha achool board. "The manner In which tha bills of tha dlatrlct have been paid do SCH001 AUDITS (Continued from page 1: anc ahown by the clerk in the, amount of ilsz.14, which represent repre-sent the charge made by the bank agalnat tha achool dlatrlct account for tha old Interest charges In lt-M of UTT.lt and a check returned for Insufficient fund for ITt. "TV' urge that Immediate atepa ba taken ta discontinue the practise prac-tise of allowing bank charges to be msde without a warrant to cover being Issued at the time." The accountants' report showa examination of official bonda of members of the board and officers that none were on file for three members, K. R. Hlgxlnson. John M or ley and Ed war Duggan, and for Belle Sullivan Coffey, clerk. Revising of the prenl method of bookkeeping 1 recommended, aa alao that the book be so kept that an aaaaal alatsmsnt of isvsnu. and expense can be prepared in addition to tha regular atatement of receipt and dtabnreements. Commendation la made of the matter of purchaalng and In taking cash discounts on tha aame. In the capital and bond fund the balance sheet aa of June IS. 12I, show assets of 130s Hi t and the bonds outstanding amount to flOO.OOo, leaving a surplus of not." continues the audit, "comply with lha atatutea; the bend record wa find unsatlafactory, a well aa the record of the bond coupon redeemed." A table accompanies the report ehowlng the amount the achool district should have set aside In the ainking fund for the redemption redemp-tion of the outstanding bonded in-detitertnesa in-detitertnesa nfth - BIstiirT. The amount that ehould have been aet aaide by the county commissioners is shown to be at $to.ie, while the actual amount wblch 1 In th Inking fund I IU64.TO, therefore a deficit on Juno 10. 12. of I7HI . The outatandlng bonda of the dla- trict on June 10, I'll, amounted to I2H.0O and the ainking fund deposit de-posit should be at leaat $59 per annum. Mfti amounting to H0C.it2.93. Of. J RECORD LACKING. Tn Morgan county, audit of which waa mad by Swan. Worw lay A Co. of Salt Laka, tha audit aaya: "Wa eould find no records allowing Information . aa to tha outatandlng bonda of tha dlatrlct. auch aa data of laaua, tha data of maturity, rata of Intareat. aerial numbarm. da nomination a. ate. Wa autgeat that In opening bootta thla Information ba refletd hereafter In accounting record. " "It would appear," con tinuea the audit, -from the fact that It waa neceeaary te borrow Mfcoe to pay obllgatlone f the dlatrlct Incurred prior to June 10. 12J. that the board had riolated eectlon 4S91 of the revleed atatutea. However, the clreumatancea eurroundlng aatd loan a muat ba coneldered. The achool board aubmltted an estimate esti-mate of the funda required for the l:i-Jl achool year to tha board of commissioners of Morgan county. coun-ty. The achool board requested the county eommlaalonera to lery a tax for the 1I1J-I school year of 4K,fC Tha achool board received re-ceived a total of S44.C09.4S from tha county commlastonera, which Included approximately SI 400 tax eale redemptions. Therefore the taxea from tha county ware abort over S10V0 of tha amount requested by tha achool board. Tha reeelpta from tha atata war ahort of the est I ma t e of the ach oo board b y |