The latest state review of the City Schools of Decatur finances finds revenues and expenses increasing and “misstatements” totaling $30,000 for the fiscal year that ended in June.
Independent auditor Mauldin & Jenkins reported FY 2016 property tax revenues rising $2.6 million due to increases in property values and a state revenue increase of $3.7 million. The money covered the cost of rising wages and of hiring more staff to keep up with enrollment growth.
The auditors found insufficient internal controls to detect misstatements concerning the food services payroll and related liabilities balances, according to the review released this week by the Georgia Department of Audits and Accounts.
The district agreed with the findings and “will balance summer accruals back to monthly salaries in December and June to ensure that the appropriate balances are maintained to cover June, July, and August payrolls.”
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