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District audits: internal‑accounts clean opinion but recurring control weaknesses; operational audit notes IT and capital outlay items
Summary
Levy County Schools reported a clean internal‑accounts audit opinion but two material weaknesses (segregation of duties and deposit timeliness). The operational audit raised one capital outlay classification finding and an IT user‑deactivation control issue; district staff outlined mitigation steps.
District finance staff presented the results of the district’s recent audits to the Levy County School Board, reporting an unmodified (clean) opinion on internal accounts but identifying recurring material weaknesses and several school‑level findings.
The district’s internal accounts audit, performed by Purvis and Gray, carried an unmodified opinion, meaning the auditor found the district’s financial statements to be accurate and reliable. The presenter said the audit nonetheless included two material weaknesses that recur because of the district’s small staffing levels: inadequate segregation of duties and delays in depositing cash. “The only way we could fix the first one…is to hire a lot more people,” the presenter said, urging the board that compensating controls…
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