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SCHEDULE OF STATUS OF PRIOR FINDNGS <br />For the year ended August 31, 2008 <br />STATUS OF PRIOR YEARS <br />PROGRA-NI FINDNGS/NONCOMPLIANCE <br />07-1 The main operating bank account had not been reconciled to the book balance on a monthly basis. The account is being <br />reconciled timely now. <br />07-2 Deposits to the main bank account as weIt as some automated withdrawals such as for payroll taxes were not timely <br />posted to the books. Some of the withdrawals were not posted to the books. All items are being timely posted now. <br />07-3 During the prior year audit, it was discovered that the final draw on the 2005-2006 OVAG was never received. The <br />report was filed in October 2006 but the State never sent the money. A11 requests for funds were better tracked this year <br />and all had been received. <br />07-4 Thrift store deposits were still not being deposited daily durincy the year ended August 31, 2007. In the current year, this <br />has been conected. Deposits are being done daily. <br />07-5 A balance sheet and income statement are not being generated monthly. These should be generated and submitted to the <br />board for approval. See 08-1. <br />-14- <br />- 000178 <br />