STATE OF MISSISSIPPI OFFICE OF THE STATE AUDITOR PHIL BRYANT State Auditor RAMONA HILL, CPA Director, Financial and Compliance Audit Division ED YARBOROUGH_part2 docx

... election of county officials. The following officials are all part of the county legal entity and therefore are reported as part of the primarygovernment financial statements.$ Board of Supervisors$ ... the State of Mississippi. The county is governed by an electedfive-member Board of Supervisors. Generally accepted accounting principles require Jefferson County topresent these financial statements ... collateralized (105%) by securities basedupon market value, and the securities are to be held in the name of the county. During the audited fiscal year, asignificant amount of the county& apos;s...

... Walthall and Wilkinson. The Jefferson County Board of Supervisors appoints four of the 40 members of the board of directors. The county appropriated approximately $3,672for support of the district ... source of payment for the COPs. The lease obligation is not recorded because the COPs areconsidered, in substance, limited debt obligations of the county, and accordingly, are reflected in the ... replace washed out or collapsed bridges on the public roads of the county. As of September 30, 1997, the amount of outstanding general obligation bonded debtwas equal to 5.37% of the latest property...

... accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the ComptrollerGeneral of the United States. Compliance As part of ... matter of public record and its distribution is not limited. PHIL BRYANT RAMONA HILL, CPA State Auditor Director, Financial and Compliance Audit Division 27JEFFERSON COUNTY Reconciliation of Operating ... BidderFor the Year Ended September 30, 1997Our test results did not identify any purchases from other than the lowest bidder.31 OFFICE OF THE STATE AUDITOR PHIL BRYANT AUDITOR INDEPENDENT AUDITOR& apos;S...

... 39 OFFICE OF THE STATE AUDITOR PHIL BRYANT AUDITOR INDEPENDENT AUDITOR& apos;S REPORT ON COMPLIANCE WITH STATE LAWS AND REGULATIONSApril 22, 1998Members of the Board of SupervisorsJefferson County, ... standards and the procedures prescribed by the State Auditor, and accordingly, included such tests of the accounting records and suchother auditing procedures as we considered necessary in the ... circumstances.As required by the state legal compliance audit program prescribed by the Office of the State Auditor, we havealso performed procedures to test compliance with certain state laws and regulations....

... to keep and preserve a complete and correct record of all proceedings and orders of the board. As reported in the prior year audit report, several of the older minute books of the Board of Supervisors ... gives the Office of the State Auditor the authority toprescribe accounting systems. As reported in the prior year audit report, the legislative tag creditreceivable was not posted to the cash ... respond.JEFFERSON COUNTY Schedule of FindingsFor the Year Ended September 30, 199749Sheriff.97-12. FindingSection 7-7-211, Miss. Code Ann. (1972), gives the Office of the State Auditor the authority...

... statements taken as a whole. PHIL BRYANT RAMONA HILL, CPA State Auditor Director, Financial and Compliance Audit Division STATE OF MISSISSIPPI OFFICE OF THE STATE AUDITOR PHIL BRYANT State Auditor RAMONA ... versionwww.adultpdf.com The Office of the State Auditor does not discriminate on the basis of race, religion, national origin, sex, age or disability3 OFFICE OF THE STATE AUDITOR PHIL BRYANT AUDITOR INDEPENDENT ... Auditor RAMONA HILL, CPA Director, Financial and Compliance Audit Division BRENT BALLARD, CPA Director, Education Audit SectionSUNFLOWER COUNTY SCHOOL DISTRICTAudited Financial StatementsFor the...

... in the financial statements conform to the classifications prescribedin the Financial Accounting Manual for Mississippi Public School Districts issued by the Office of the State Auditor. The ... purpose financial statements show the basic financial statements of the school district by providing a combinedoverview of financial position and results of operations of the district and cash ... recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. The modified...

... lieu thereof, constitute property held in trust for the benefit of the public schools. The school board, under the general supervision of the Office of the Secretary of State, has control and ... jurisdiction of said school trust lands and of all funds arising from any disposition thereof. It is the duty of the school board to manage the school trust lands and all funds arising therefrom ... full as to principal and interest by the United States of America; or in certificates of deposit issued by a qualified depository of the state of Mississippi as approved by the State Treasurer;or...

... of public record and its distribution is not limited. PHIL BRYANT RAMONA HILL, CPA State Auditor Director, Financial and Compliance Audit Division 29 OFFICE OF THE STATE AUDITOR PHIL BRYANT AUDITOR INDEPENDENT ... intentionally)31 OFFICE OF THE STATE AUDITOR PHIL BRYANT AUDITOR INDEPENDENT AUDITOR& apos;S REPORTON COMPLIANCE WITH REQUIREMENTS APPLICABLE TOEACH MAJOR FEDERAL PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE ... However, this report is a matter of public record and its distribution is not limited. PHIL BRYANT RAMONA HILL, CPA State Auditor Director, Financial and Compliance Audit Division 34SUNFLOWER COUNTY...

... by the audit of the general purpose financial statements. The reportable condition described in Finding97-1 is considered to be a material weakness.3. The audit did not disclose any noncompliance ... The dollar threshold used to distinguish between Type A and Type B programs was $300,000.9. The auditee did not qualify as a low-risk auditee.Section 2: Findings Relating to the Financial Statements97-1. ... inSection G of the Financial Accounting Manual for Mississippi Public School Districts. The districtshould also conduct an annual inventory of all fixed assets and reconcile this to the subsidiary...