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Auditor General Releases Audit for Area School Districts
"To ensure full state funding, districts must file accurate reports and keep careful records," Casey said. "I am pleased to report that during the 2000-01 and 2001-02 school years, the Northeast Bradford, Wyalusing Area and Sayre Area school districts received the state funding they were due."
School district audits conducted by the Auditor General ensure that districts receive accurate state funding, that state funds are spent according to applicable laws and regulations and that the operations guiding their expenditure are proper. They are also useful to administrators because they identify ways to improve crucial record keeping procedures, which may help avoid future budgetary problems.
The Auditor General's school district audits differ from those conducted by local independent auditors, which render opinions on the fair presentation of school districts' financial statements. Local audits, which are required by state and federal law, are the primary source of information on school districts' financial positions and the results of their operations.
The Northeast Bradford School District spent $9.1 million in 2000-01 and $9.5 million in 2001-02. It received state funds of $6.1 million for 2000-01 and $6.3 million for 2001-02.
The Wyalusing Area School District spent $12.1 million in 2000-01 and $12.3 million in 2001-02. It received state funds of $7.3 million for 2000-01 and $7.5 million for 2001-02.
The Sayre Area School District spent $10.7 million in 2000-01 and $11 million in 2001-02. It received state funds of $5.1 million for 2000-01 and $5.4 million for 2001-02.