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AUDIT REPORT 
 
I CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
i 
 
CUSSETA, GEORGIA 
 
l~ 
 
YE_AR_E_ND_E_D__ JUN_ E 3_0'_1_99_9 
 
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STATE OF GEORGIA DEPARTMENT OF AUDITS AND ACCOUNTS 
254 WASHINGTON STREET ATLANTA, GEORGIA 30334-8400 
 
 CHATTAHOOCHEE COUNIYBOARD OF EDUCATION - TABLE OF CONTENTS - 
 
SECTION I 
 
FINANCIAL 
 
INDEPENDENT AUDITOR'S COMBINED REPORT ON GENERAL PURPOSE FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 
 
EXHIBITS 
 
GENERAL PURPOSE FINANCIAL STATEMENTS 
 
COMBINED STATEMENTS - OVERVIEW 
 
A 
 
COMBINED BALANCE SHEET 
 
ALL FUND TYPES AND ACCOUNT GROUP 
 
2 
 
B 
 
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND 
 
CHANGES IN FUND BALANCES 
 
ALL GOVERNMENTAL FUND TYPES 
 
4 
 
C 
 
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND 
 
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL 
 
(NON-GAAP BASIS) 
 
GENERAL AND SPECIAL REVENUE FUNDS 
 
7 
 
D NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
8 
 
ADDmONAL FINANCIAL INFORMATION 
 
COMBINING STATEMENTS 
 
SPECIAL REVENUE FUND 
 
E 
 
COMBINING BALANCE SHEET 
 
18 
 
F 
 
COMBINING STATEMENT OF REVENUES, EXPENDITURES 
 
AND CHANGES IN FUND BALANCES 
 
19 
 
CAPITAL PROJECTS FUND 
 
G 
 
COMBINING BALANCE SHEET 
 
20 
 
H 
 
COMBINING STATEMENT OF REVENUES, EXPENDITURES 
 
AND CHANGES IN FUND BALANCES 
 
22 
 
I 
 
FIDUCIARY FUND TYPE 
 
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES 
 
AGENCY FUNDS 
 
24 
 
SCHEDULES 
 
1 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 
 
27 
 
2 SCHEDULE OF STATE REVENUE 
 
29 
 
3 SCHEDULE OF APPROVED LOCAL OPTION SALES TAX PROJECTS 
 
30 
 
4 SCHEDULE OF EXPENDITURES 
 
LOTIERY PROGRAMS 
 
31 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION - TABLE OF CONTENTS - 
 
SECTION I 
 
FINANCIAL 
 
ADDmONAL FINANCIAL INFORMATION 
 
SCHEDULES 
 
ANALYSIS OF MINIMUM EXPENDITURE REQUIREMENTS 
 
GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS 
 
5 
 
OVERALL 
 
33 
 
6 
 
BY PROGRAM 
 
34 
 
SECTION II 
COMPLIANCE AND INTERNAL CONTROL REPORTS 
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 
 
SECTION ill AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
SECTIONN FINDINGS AND QUESTIONED COSTS SCHEDULE OF FINDINGS AND QUESTIONED COSTS 
 
 SECTION I FINANCIAL 
 
 RUSSELL W. HINTON 
STATE AUDITOR 
(404) 6562174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.w., Suite 214 Atlanta, Georgia 30334-8400 
May 18, 2000 
 
Honorable Roy E. Barnes, Governor Members ofthe General Assembly Members ofthe State Board of Education 
and Superintendent and Members ofthe Chattahoochee County Board ofEducation 
INDEPENDENT AUDITOR'S COMBINED REPORT ON GENERAL PURPOSE 
FINANCIAL STATEMENTS AND SupPLEMENTARY INFORMATION- 
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 
Ladies and Gentlemen: 
We have audited the accompanying general purpose financial statements ofthe Chattahoochee County Board of Education, as of and for the year ended June 30, 1999, as listed in the table of contents. These general purpose financial statements are the responsibility of the Chattahoochee County Board of Education's management. Our responsibility is to express an opinion on these general purpose financial statements based on our audit. 
We conducted our audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General ofthe United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. 
As described in the notes to the general purpose financial statements, the Board's financial statements have been prepared using certain accounting practices and policies which, in our opinion, vary in some respects from generally accepted accounting principles. These variances are described as follows: 
* The general purpose financial statements of the Board did not contain a General Fixed Assets 
Account Group to account for property and equipment owned by the Board which should be included to conform to generally accepted accounting principles. 
99ARL-13 
 
 * The Board did not recognize as expenditures, in the year ended June 30, 1999, a portion of salaries 
and the corresponding employer's cost ofrelated benefits earned for contractual services completed prior to June 30, 1999. Also funds received, subsequent to June 30, 1999, from the Georgia Department ofEducation for the State's share of these unrecorded salaries and related benefits were not recorded as revenue in the year under review. Conversely, the similar expenditures and related revenues for contractual services completed prior to June 30, 1998, were improperly recorded in the year ended June 30, 1999. To confonn to generally accepted accounting principles, revenues should be recorded when available and measurable and expenditures should be recorded when incurred, rather than when funds are received or disbursed. 
The aggregate effects on the general purpose financial statements of these variances or omissions have not been determined, but are believed to be material. 
In our opinion, except for the effects on the general purpose financial statements of the matters referred to in the preceding paragraph, the general purpose financial statements referred to above present fairly, in all material respects, the financial position ofthe Chattahoochee County Board ofEducation as ofJune 30, 1999, and the results of its operations for the year then ended, in confonnity with generally accepted accounting principles. 
In accordance with Government Auditing Standards. we have also issued our report dated May 18, 2000, on our consideration ofthe Chattahoochee County Board ofEducation's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grants. 
Our audit was perfonned for the purpose of fonning an opinion on the general purpose financial statements ofthe Chattahoochee County Board ofEducation taken as a whole. The accompanying combining statements (Exhibits E through 1) and the financial schedules (Schedules 1 through 6), which includes the Schedule of Expenditures of Federal Awards as required by U. S. Office of Management and Budget Circular A-133, Audits ofStates, Local Governments, and Non-Profit Organizations, are presented for purposes ofadditional analysis and are not a required part ofthe general purpose financial statements. Such infonnation has been subjected to the auditing procedures applied in the audit ofthe general purpose financial statements and in our opinion, except for the effects ofthe matters referred to in the third paragraph, such infonnation is fairly presented in all material respects in relation to the general purpose financial statements taken as a whole. 
A copy of this report has been filed as a pennanent record in the office of the State Auditor and made available to the press ofthe State, as provided for by Official Code of Georgia Annotated Section 50-6-24. 
Respectfully submitted, 
~.4~ 
R sell W. Hinton State Auditor 
RWH:gp 99ARL-13 
 
 CHATIAHQOCHBE COUNTY BOARD OF EDUCATION 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINED BALANCE SHEET 
ALL FUND TYPES AND ACCOUNT GROUP JUNE 30.1999 
 
 EXHIBIT "A" 
 
DEBT SERVICE 
FUND 
 
FIDUCIARY FUND TYPE AGENCY FUNDS 
 
$ 
 
0.00 $ 
 
7,994.40 
 
ACCOUNT GROUP 
GENERAL LONG-TERM 
. DEBT 
 
TOTALS 
 
(Memorandum Only) 
 
JUNE 30,1999 
 
JUNE 30,1998 
 
$ 1,981,187.05 $ 1,769,328.54 
 
616,894.11 
 
172,824.17 
 
112,404.17 
 
$ 
 
820,000.00 
 
941.25 906.00 
820,000.00 
 
1,219.17 1,201.43 75,386.14 
924,613.86 
 
$ 
 
0.00 $ 
 
7,994.40 $ 
 
820,000.00 $ 2,975,858.47 $ 3,501,047.42 
 
$ 
 
21,422.77 $ 
 
58,427.08 
 
60,910.64 
 
59,143.96 
 
1,213.47 
 
12,434.76 
 
211,218.98 
 
1,804.11 
 
95,265.99 
 
$ 
 
7,994.40 
 
7,994.40 
 
3,329.81 
 
$ 
 
820,000.00 
 
820,000.00 
 
1,000,000.00 
 
$ 
 
7,994.40 $ 
 
820,000.00 $ 1.218,026.25 $ 1,135,139.72 
 
$ 
 
0.00 $ 
 
0.00 
 
$ 
 
0.00 $ 
 
0.00 
 
$ 
 
28,094.00 
 
$ 
 
12,513.99 
 
75,386.14 
 
1,626.29 
 
941.25 906.00 
120,690,81 381,630.20 
 
1,219.17 1,201.43 992,687.40 31,593,66 87,778.30 
 
1,239,523.68 
 
-171.49 1,148,119.09 
 
$ 1,757,832.22 $ 2,365,907.70 
 
$ 
 
0.00 $ 
 
7,994.40 $ 
 
820,000.00 $ 2,975,858.47 $ 3,501 ,047.42 
 
-3- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES 
ALL GOVERNMENTAL FUND TYPES YEAR ENDED JUNE 30, 1999 
 
REVENUES 
State Funds Federal Funds Taxes Other Funds 
Total Revenues 
EXPENDITURES 
Current Instruction Support Services Pupil Services Improvement of Instructional Services Educational Media Services General Administration School Administration Business Administration Maintenance and Operation of Plant Student Transportation Services Central Support Services Other Support Services Food Services Operation Community Services Operations 
Capital Outlay Debt Service 
Principal Interest Paying Agent Fees 
Total Expenditures 
Excess of Revenues over (under) Expenditures 
OTHER FINANCING SOURCES (USES) 
Accrued Interest on Bonds Sold Proceeds from General Obligation Bonds 
ParValue Operating Transfers In Operating Transfers Out 
Total Other Financing Sources (Uses) 
Excess of Revenues and Other Financing Sources over (under) Expenditures and Other Financing Uses 
FUND BALANCE JULY 1 
Food Inventory - Net Change in Period Donated Commodities Purchased Food 
 
GENERAL FUND 
 
SPECIAL REVENUE 
FUND 
 
$ 2,386,730.58 $ 17,516.99 
424,272.71 76,709.01 
$ 2,905,229.29 $ 
 
185,320.17 703,937.42 
17,588,27 
906,845.86 
 
$ 1,767,311.61 $ 
114,950.01 143,131.03 
65,597.52 117,024.53 120,111.58 101,955.93 167,574.53 186,783.43 
1,200.00 21,387.60 
3,089.23 4,048.64 
 
552,103.06 
1,543,19 28,632.91 
71,679.84 9,649.40 
11,953.75 
52,356.06 176,471.48 
 
$ 2,814,165.64 $ 
 
$ 
 
91,063.65 $ 
 
904,389.69 2,456.17 
 
$ 
 
$ 
 
-37,700.95 
 
$ 
 
-37.700.95 $ 
 
$ 
 
53,362.70 $ 
 
1,106,185.11 
 
21,632.00 
21,632.00 
24,088.17 72,448.58 
-277.92 -295.43 
 
FUND BALANCE JUNE 30 
 
$ 1,159,547.81 $ 
 
The notes to the general purpose financial statements are an integral part of this statement -4- 
 
95,963.40 
 
 EXHIBIT"B" 
 
CAPITAL PROJECTS 
FUND 
 
DEBT SERVICE 
FUND 
 
TOTALS (Memorandum Only) 
YEAR ENDED JUNE 30, 1999 JUNE 30,1998 
 
$ 
 
880,621.61 
 
106,574.95 $ 51,727.12 
 
$ 1,038,923.68 $ 
 
$ 176,011.86 
176,011.86 $ 
 
3,452,672.36 $ 721,454.41 706,859.52 146,024.40 
5,027,010.69 $ 
 
2,491,994.75 532,933.85 444,745.29 286,410.62 
3,756,084.51 
 
$ 1,664,559.49 $ 
$ 1,664,559.49 $ $ -625,635.81 $ 
 
$ 
180,000.00 70,825.00 
573.00 251,398.00 $ -75,386.14 $ 
 
2,319,414.67 $ 
116,493.20 171,763.94 
65,597.52 188,704.37 129,760.98 101,955.93 167,574.53 198,737.18 
1,200.00 73,743.66 176,471.48 
3,089.23 1,668,608.13 
180,000.00 70,825.00 
573.00 
5,634,512.82 $ 
-607,502.13 $ 
 
2,014,915.28 
137,718.73 125,292.30 58,672.81 166,070.97 177,982.08 107,795.33 177,728.18 114,760.74 
44,786.93 193,307.99 
177.34 125,662.53 
3,444,871.21 
311,213.30 
 
$ 
 
16,068.95 
 
$ 
 
16,068.95 
 
$ -609,566.86 $ 1,111,887.87 
 
$ 
 
3,125.00 
 
$ 
 
37,700.95 
 
-37,700.95 
 
1,000,000.00 105,553.06 -105,553.06 
 
$ 
 
0.00 $ 1,003,125.00 
 
-75,386.14 $ 75,386.14 
 
-607,502.13 $ 2,365,907.70 
 
1,314,338.30 1,051,540.66 
 
-277.92 -295.43 
 
-454.94 483.68 
 
$ 
 
502,321.01 $_=-_.-;0;;.;,.0.0... $ 1,757,832.22 $ 2,365,907.70 
 
-5- 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES 
BUDGET AND ACTUAL - lNON-GAAP BASIS) GENERAL AND SPECIAL REVENUE FUNDS 
YEAR ENDED JUNE 30.1999 
 
EXHIBIT "C" 
 
FUND BALANCE JUNE 30. 1999 
 
$ 1,048,206.41 $ 1,159,547.81 
 
The notes to the general purpose financial statements are an integral part of this statement 
-7- 
 
$ 204,981.64 $ 95,963.40 
 
 CHATTAHOOCHEE COUNTy BOARD OF EDUCATION 
 
EXHIBIT "0" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 3D. 1999 
 
Note 1: SUMMARy OF SIGNIFICANT ACCOUNTING POLICIES 
REPORTING ENTITY 
The Chattahoochee County Board of Education (Board) was established under the laws of the State of Georgia and operates under the guidance of a school board elected by the voters and a Superintendent appointed by the Board. The Board is organized as a separate legal entity and has the power to levy taxes and issue bonds. Its budget is not subject to approval by any other entity. Accordingly, the Board is a primary government and consists of all the organizations that compose its legal entity. 
FUND ACCOUNTING 
The Board uses funds and an account group to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management by segregating transactions related to certain governmental functions or activities. A fund is a separate accounting entity with a self-balancing set of accounts. An account group is a financial reporting device designed to provide accountability for certain assets and liabilities that are not recorded in the funds because they do not directly affect expendable available financial resources. 
General Fixed Assets are recorded as expenditures in the various funds at the time ofpurchase. A General Fixed Assets Account Group is not presently maintained by the Board. To conform to generally accepted accounting principles, a General Fixed Assets Account Group should be maintained for reporting the cost of assets acquired by governmental fund types. 
The general purpose financial statements account for all State, Federal, Taxes and Other funds under control ofthe Board, in compliance with generally accepted accounting principles applicable to governmental units, unless otherwise disclosed in these notes. Funds and the account group presented in this report are as follows: 
GOVERNMENTAL FUND TYPES - are used to account for all or most ofa Board's educational activities. Governmental Fund Types include: 
GENERAL FUND - the fund used to account for all financial resources of the Board except those . required to be accounted for in another fund. These transactions relate to resources obtained and used for services provided by a board of education. 
SPECIAL REVENUE FUND - the fund used to account for the proceeds of specific revenue sources (other than for major capital projects) that are legally restricted to expenditures for specified purposes. These funds are received primarily from the Georgia Department of Education and from the Federal government to accomplish specific educational objectives. 
CAPITAL PROJECTS FUND - the fund used to account for financial resources to be used for the acquisition or construction ofmajor capital facilities. 
 
- 8- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30. 1999 
 
Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
DEBT SERVICE FUND - the fund used to account for the accumulation of resources for, and the payment of, generallong-tenn principal, interest and paying agent fees. 
FIDUCIARY FUND TYPE - the fund used to account for assets held by a government Unit in atrustee capacity or as an agent for individuals, private organizations, other government units and/or other funds. This fund includes: 
AGENCY FUNDS - the funds used to account for assets held in a fiduciary capacity for other funds, governments, or individuals. 
ACCOUNT GROUP 
GENERAL LONG-TERM DEBT ACCOUNT GROUP - A financial reporting device used to account for general obligation debt outstanding. 
BASIS OF ACCOUNTING 
The accounting and financial reporting treatment applied to a fund is detennined by its measurement focus. All governmental funds are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets and current liabilities generally are included on the balance sheet. Operating statements of these funds present increases (i.e., revenues and other financing .sources) and decreases (i.e., expenditures and other financing uses) in net current assets. Their reported fund balance is considered a measure of available spendable resources. 
Liabilities which are expected to be financed from available spendable resources are reported as liabilities in the governmental funds. Other liabilities, which are not expected to be financed from available spendable resources, are reported in the General Long-Term Debt Account Group. 
Agency funds are purely custodial in nature and do not involve measurement ofresults ofoperations. 
Governmental funds are accounted for using the modified accrual basis of accounting under which: 
Revenues are recognized when susceptible to accrual (i.e., when they become both measurable and available). "Measurable" means the amount offue transaction can be detennined and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities ofthe current period. Those revenues considered susceptible to accrual are property taxes, local option sales taxes, intergovernmental grants and investment income. 
Expenditures are generally recognized when the related fund liability is incurred. 
 
-9- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30. 1999 
 
Note 1: SUMMARy OF SIGNIFICANT ACCOUNTING POLICIES 
A departure from the above definitions is the accounting treatment afforded the final two payments on General Fund teachers' and bus drivers' contracts, and the resources available from the Georgia Department of Education for the State's share of these contracts. During fiscal year 1999, a substantial number of personnel ofthe Board were employed for a one hundred and ninety day period beginning in late August 1998 and ending in early June 1999. Personnel contracts for this employment period specify that compensation be paid in twelve equal monthly payments beginning in September 1998 and ending in August 1999. State grants to fund the State's share ofthese contracts were disbursed from the Georgia Department of Education 'to the Board in the same twelve months. As of June 30, 1999, compensation under these employment contracts had been earned, but two of the twelve monthly payments, due for July and August 1999, had not been made. Payments for these two months were made and recorded as expenditures by the Board subsequent to June 30, 1999. Also, the State's portion ofthe compensation paid in July and August 1999 was received and recorded as revenue in the fiscal year subsequent to June 30, 1999. Conversely, the similar expenditures and related revenues for contractual services completed prior to June 30, 1998, were recorded in the year ended June 30, 1999. Generally accepted accounting principles require that revenues be recorded when available and measurable and that expenditures be recorded when incurred, rather than when funds are received or disbursed. 
Agency funds are accounted for using the modified accrual basis of accounting in recognizing assets and liabilities. 
BUDGET 
The Chattahoochee County Board ofEducation's budget is a complete financial plan for the Board's fiscal year and is based upon estimates of expenditures together with probable funding sources. There is no statutory prohibition regarding overexpenditure of the budget at any level. The budget for all governmental funds is prepared by fund, function and object. The legal level ofbudget control was established by the Board at the aggregate level. The budget for governmental funds was prepared on a basis other than generally accepted accounting principles. 
c:' 
The budget process begins when the Board's administration prepares a tentative budget for the Board's approval. After approval of this tentative budget by the Board, such budget is advertised at least once in a newspaper ofgeneral circulation in the locality. At the next regular meeting ofthe Board after advertisement, the Board receives comments on the tentative budget, makes revisions as necessary and adopts a final school budget. This final budget is then submitted, in accordance with provisions of the Quality Basic Education Act, OCGA Section 20-2-167, to the Georgia Department ofEducation. The Board may increase or decrease the budget at any time during the year. All unexpended budget authority lapses at fiscal year-end. 
 
-10 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30. 1999 
 
Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
 
CASH AND CASH EQUIVALENTS 
 
COMPOSITION OF DEPOSITS Cash and cash equivalents consist of deposits in authorized financial institutions. Georgia Laws authorize the Board to deposit its funds in one or more solvent banks, insured Federal savings and loan associations, or insured State chartered building and loan associations. 
 
RECEIVABLES 
 
Receivables consist of grant reimbursements due on Federal, State or other grants for expenditures made but not reimbursed and other receivables disclosed from information available. Receivables are recorded when either the asset or revenue recognition criteria has been met. Receivables recorded on the general purpose financial statements do not include any amounts which would necessitate the need for an allowance for uncollectible receivables. 
 
PROPERTY TAXES 
 
The Chattahoochee County Board of Commissioners fixed the property tax levy for the 1998 tax year (calendar year) on October 21, 1998 (levy date). Taxes were due on December 31, 1998. The lien date for property taxes was January 1, 1998. Taxes collected within the current fiscal year or within 60 days after year-end are reported as revenue in fiscal year 1999. The Chattahoochee County Tax Commissioner bills and collects the property taxes for the Board of Education, withholds 2.5% of taxes collected as a fee for tax collection and remits the balance of taxes collected to the Board. 
 
The tax millage rate levied for the 1998 tax year (calendar year) for the Chattahoochee County Board of Education was as follows (a mill equals $1 per thousand dollars of assessed value): 
 
School Operations 
 
10.21 mills 
 
SALES TAXES 
 
Special Purpose Local Option Sales Tax is to be used for capital outlay for educational purposes and debt service. Special Purpose Local Option Sales Tax revenue during the fiscal year amounted to $282,586.81 and was recorded in the Capital Projects and Debt Service Funds. The State will terminate collection of this tax once an additional $1,113,554.08 has been collected or on December 31, 2002, whichever occurs first. 
 
INVENTORIES 
 
FOOD INVENTORIES Inventories of donated food commodities used in the preparation of meals are reported on the Combined Balance Sheet at their Federally assigned value. Purchased foods inventories are reported on the Combined Balance Sheet at cost (first-in, first-out). Donated food commodities are recorded as revenues and 
 
-11 - 
 
 CHATTAHOOCHEE COUNTy BOARD OF EDUCATION 
 
EXHffiIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30. 1999 
 
Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
expenditures at the time commodity items are received. Purchased foods inventories are recorded as expenditures at the time of purchase. The inventories reported on the balance sheet for donated food commodities and for purchased foods are equally offset by reservations of fund balance which indicates that these amounts do not constitute "available spendable resources" even though they are a component of net current assets. 
GENERAL OBLIGATION BONDS 
The Board issues general obligation bonds to provide funds for the acquisition and construction of major capital facilities. Bond premiums and discounts, as well as issuance costs, are recognized in the financial statements during the year bonds are issued. General obligation bonds are direct obligations and pledge the full faith and credit of the government. The outstanding amount ofthese bonds is recorded in the General Long-Term Debt Account Group. 
INTERFUND TRANSACTIONS 
The Board has the following types ofinterfund transactions: 
Reimbursements of expenditures initially made from a fund that are properly applicable to another fund, are recorded as expenditures in the reimbursing fund and as reductions of expenditures in the fund that is reimbursed. 
Operating transfers are recorded for all interfund transactions other than reimbursements. 
MEMORANDUM ONLY - TOTAL COLUMNS 
Total columns on the general purpose financial statements are captioned "Memorandum Only" to indicate that they are presented only to facilitate financial analysis. Data in these columns do not present financial position or results ofoperations in conformity with generally accepted accounting principles. Neither are such data comparable to a consolidation. Interfund eliminations have not been made in the aggregation of this data. 
Note 2: DEPOSITS 
COLLATERALIZATION OF DEPOSITS Official Code ofGeorgia Annotated (OCGA) Section 45-8-12 provides that there shall not be on deposit at any time in any depository for a time longer than ten days a sum of money which has not been secured by surety bond, by guarantee ofinsurance, or by collateral. The aggregate of the face value of such surety bond and the market value ofsecurities pledged shall be equal to not less than 110 percent ofthe public funds being secured after the deduction ofthe amount ofdeposit insurance. OCGA Section 45-8-11(b) provides an officer holding public funds may, in his discretion, waive the requirement for security in the case of operating funds placed in demand deposit checking accounts. 
-12 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 3D. 1999 
 
Note 2: DEPOSITS 
Acceptable security for deposits consists of anyone of or any combination of the following: 
(1) Surety bond signed by a surety company duly qualified and authorized to transact business within the State of Georgia, 
(2) Insurance on accounts provided by the Federal Deposit Insurance Corporation, 
(3) Bonds, bills, notes, certificates of indebtedness or other direct obligations of the United States or of the State of Georgia, 
(4) Bonds, bills, notes, certificates ofindebtedness or other obligations ofthe counties or municipalities of the State of Georgia, 
(5) Bonds of any public authority created by the laws ofthe State of Georgia, providing that the statute that created the authority authorized the use of the bonds for this purpose, 
(6) Industrial revenue bonds and bonds ofdevelopment authorities created by the laws of the State of Georgia, and 
(7) Bonds, bills, notes, certificates of indebtedness, or other obligations of a subsidiary corporation of the United States government, which are fully guaranteed by the United States government both as to principal and interest or debt obligations issued by the Federal Land Bank, the Federal Home Loan Bank, the Federal Intermediate Credit Bank, the Central Bank for Cooperatives, the Farm Credit Banks, the Federal Home Loan Mortgage Association, and the Federal National Mortgage Association. 
CATEGORIZATION OF DEPOSITS At June 30, 1999, the bank balances were $2,176,997.35. The amounts of the total bank balances are classified into three categories ofcredit risk: 
Category 1 - Cash that is insured (e.g., Federal depository insurance) or collateralized with securities held by the Board or by the Board's agent in the Board's name. 
Category 2 - Cash collateralized with securities held by the pledging financial institution's trust department or agent in the Board's name. 
Category 3 - Uncollateralized deposits. (This includes any bank balance that is collateralized with securities held by the pledging financial institution, or by its trust department or agent but not in the Board's name.) 
The Board's deposits are classified by risk category at June 30, 1999, as follows: 
 
- 13 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTESTOTHEGENERALPURPOSEF~~STATEMENTS 
 
JUNE 30. 1999 
 
Note 2: DEPOSITS 
 
Risk CategOIy 
 
Bank Balance 
 
1 
 
$ 100,039.00 
 
2 
 
2,076,958.35 
 
3 
 
0.00 
 
Total 
 
$ 2.176.997.35 
 
Note 3: NON-MONETARY TRANSACTIONS 
 
The Board receives food commodities from the United States Department ofAgriculture (USDA) for school breakfast and lunch programs. These commodities are recorded at their Federally assigned value. See Note 1 - Inventories 
 
Note 4: RISK MANAGEMENT 
 
The Board is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors or omissions; job related illness or injuries to employees; natural disaster and unemployment compensation. 
 
The Board has obtained commercial insurance for risk of loss associated with torts, assets and errors or omissions. The Board has neither significantly reduced coverage for these risks nor incurred losses (settlements) which exceeded the Board's insurance coverage in any ofthe past three years. 
 
The Board has elected to self-insure for all losses related to natural disaster. The Board has not experienced any losses related to this risk in the past three years. 
 
The Board is self-insured with regard to unemployment compensation claims. The Board accounts for claims within the same fund that the employee's salary and benefits were paid. Claims are accounted for with expenditure and liability being reported when it is probable that a loss has occurred, and the amount ofthat loss can be reasonably estimated. 
 
Changes in the unemployment compensation claims liability during the last two fiscal years are as follows: 
 
1998 1999 
 
Beginning of Year Liability 
 
Claims and Changes in Estimates 
 
$ 
 
0.00 $ 
 
224.00 $ 
 
$ 
 
0.00 $ 
 
1.234.00 $ 
 
Claims Paid 
 
End ofYear Liability 
 
224.00 $ 
 
0.00 
 
1,234.00 $ 
 
0.00 
 
- 14- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30.1999 
 
Note 4: RISK MANAGEMENT 
 
The Board participates in the Georgia Education Workers' Compensation Trust, a public entity risk pool organized on December 1, 1991 to develop, implement and administer a program of workers' compensation self-insurance for its member organizations. The Board pays an annual premium to the Trust for its general insurance coverage. Additional insurance coverage is provided through an agreement by the Trust with the United States Fidelity and Guaranty Company to provide coverage for potential losses sustained by the Trust in excess of $250,000.00 loss per occurrence, up to $2,000,000.00. 
 
The Board has purchased surety bonds to provide additional insurance coverage as follows: 
 
Position Covered 
 
Amount 
 
Superintendent Principal Maintenance Supervisor Each Bookkeeper School Secretary School Clerk 
 
$ 20,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 
 
Note 5: GENERAL LONG-TERM DEBT 
 
GENERAL OBLIGATION DEBT OUTSTANDING General Obligation Bonds currently outstanding are as follows: 
 
Purpose ' 
 
Interest Rate 
 
Amount 
 
General Government - Series 1997 
 
4.5% 
 
$ 820.000.00 
 
The changes in General Long-Term Debt during the fiscal year ended June 30, 1999, were as follows: 
 
General Obligation 
Bonds 
 
Balance July 1, 1998 
 
$ 1,000,000.00 
 
Deductions Debt Retired 
 
180.000.00 
 
Balance June 30, 1999 
 
$ 820.000.00 
 
- 15 -. 
 
 CHATTAHOOCHEE COUNTy BOARD OF EDUCATION 
 
EXHIBIT "D" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30, 1999 
 
Note 5: GENERAL LONG-TERM DEBT 
 
At June 30, 1999, payments due by fiscal year which includes principal and interest for these items are as follows: 
 
Fiscal Year Ended June 30 
 
General Obligation 
Bonds 
 
2000 2001 2002 2003 
 
$ 222,625.00 223,850.00 224,625.00 224,950.00 
 
Total Principal and Interest 
 
$ 896,050.00 
 
Note 6: ON-BEHALF PAYMENTS 
 
The Board has recognized revenues and expenditures in the amount of$49,377.32 for health insurance and retirement contributions paid on the Board's behalfby the following State Agencies. 
 
Georgia Department ofEducation Paid to the State Merit System ofPersonnel Administration For Health Insurance ofNon-Certified Personnel In the amount of$33,663.36 
 
Paid to the Teachers Retirement System of Georgia For Teachers Retirement System (TRS) Employer's Cost In the amount of$4,390,96 
 
0ffice of Treasury and Fiscal Services Paid to the Public School Employees Retirement System For Public School Employees Retirement (PSERS) Employer's Cost In the amount of$11,323,00 
 
Note 7: SIGNIFICANT COMMITMENTS 
 
The following is an analysis of significant outstanding construction or renovation contracts executed by the Board as ofJune 30, 1999, together with funding available: 
 
-16 - 
 
 CHATTAHOOCHEE COUNTy BOARD OF EDUCATION 
 
EXHIBIT "0" 
 
NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS 
 
JUNE 30, 1999 
 
Note 7: SIGNIFICANT COMMITMENTS 
 
Project 
 
Unearned Executed Contracts 
 
Funding Available From State 
 
GSFIC 99/98S-626-003 
 
$ 283,837.66 $ 86,008.39 
 
The amounts described in this note are not reflected in the general purpose financial statements. 
 
Note 8: CONTINGENT LIABILITIES 
 
Amounts received or receivable principally from the Federal government are subject to audit and review by grantor agencies. This could result in requests for reimbursement to the grantor agency for any expenditures which are disallowed under grant terms. The Board believes that such disallowances, if any, will be immaterial to its overall financial position. 
 
Nme9: RETffiEMENIPLANS 
 
TEACHERS RETIREMENT SYSTEM OF GEORGIA (TRS) 
 
TRS PLAN DESCRIPTION Substantially all teachers, administrative and clerical personnel employed by local school systems are covered by the Teachers Retirement System of Georgia (TRS), which is a cost-sharing multiple employer defined benefit pension plan. TRS provides service retirement, disability retirement and survivors benefits for its members in accordance with State statute. The Teachers Retirement System of Georgia issues a separate stand alone financial audit report and a copy can be obtained :from the Georgia Department of Audits and Accounts. 
 
TRS CONTRIBUTIONS REQUIRED AND MADE Employees ofthe Board who are covered by TRS are required by State statute to contribute 5% oftheir gross earnings to TRS. The Board makes monthly employer contributions to TRS at rates adopted by the TRS Board ofTrustees in accordance with State statute and as advised by their independent actuary. The required employer contribution rate is 11.95% and employer contributions for the current fiscal year and the preceding two fiscal years are as follows: 
 
Fiscal Year 
 
Percentage Contributed 
 
Required Contribution 
 
1999 1998 1997 
 
100% 100% 100% 
 
$ 251,912.53 $ 227,726.06 $ 205,552.53 
 
-17 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING BALANCE SHEET SPECIAL REVENUE FUND JUNE 30,1999 
 
EXHIBIT"E" 
 
ASSETS Cash and Cash Equivalents Accounts Receivable Inventories 
Food Donated Commodities Purchased Food 
Total Assets 
 
SCHOOL FOOD 
SERVICES FUND 
 
LOTTERY PROGRAMS 
 
FEDERAL PROGRAMS 
 
TOTALS JUNE 30,1999 JUNE 30,1998 
 
$ 89,396,22 $ 25,461.46 
 
$ 114,857,68 $ 103,496.64 
 
671.52 
 
$ 66,950.74 
 
67,622,26 
 
52,634.62 
 
941.25 906,00 
 
941.25 906,00 
 
1,219,17 1,201.43 
 
$ 91,914,99 $ 25,461.46 $ 66,950,74 $ 184,327.19 $ 158,551.86 
 
LIABILITIES AND FUND EQUITY 
LIABILITIES 
Cash Overdraft Accounts Payable Salaries Payable Expired Grant Balances Payable 
Total Liabilities 
FUND EQUITY 
Fund Balances Reserved For Continuation of Federal Programs For Inventories Food Donated Commodities Purchased Food Unreserved Updesignated 
Total Fund Equity 
 
$ 680.60 $ 
7,784.98 
 
$ 
4,551.28 20,910.18 
 
12,527,46 $ 
8,480.34 32,215.48 
1,213,47 
 
$ 8,465.58 $ 25,461.46 $ 54,436.75 $ 
 
12,527.46 
13,712.22 $ 
60,910.64 1,213,47 
88,363.79 $ 
 
14,524.56 59,143.96 12,434.76 
86,103.28 
 
$ 941.25 
906.00 
81,602,16 $ 
$ 83,449.41 $ 
 
$ 12,513.99 $ 
 
12,513.99 
 
0.00 
 
0.00 
 
0.00 $ 12,513.99 $ 
 
941.25 $ 
906.00 
81,602.16 
95,963.40 $ 
 
1,219.17 1,201.43 
70,027.98 
72,448,58 
 
Total Liabilities and Fund Equity 
 
$ 91,914.99 $ 25,461.46 $ 66,950.74 $ 184,327.19 $ 158,551.86 
 
See notes to the general purpose financial statements. 
 
-18- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES 
SPECIAL REVENUE FUND YEAR ENDED JUNE 30,1999 
 
EXHIBIT "F" 
 
SCHOOL FOOD 
SERVICES FUND 
 
LOTTERY PROGRAMS 
 
FEDERAL PROGRAMS 
 
TOTALS YEAR ENDED JUNE 30, 1999 JUNE 30, 1998 
 
REVENUES 
 
State Funds Federal Funds Other Funds 
 
$ 15,134,00 $ 170,186,17 
 
$ 
 
155,323,39 
 
$ 548,614,03 
 
17,588,27 
 
185,320,17 $ 703,937,42 
17,588,27 
 
279,290,70 515,024,13 
13,405,81 
 
Total Revenues 
 
$ 188,045.66 $ 170,186.17 $ 548,614.03 $ 906,845.86 $ 807,720.64 
 
EXPENDITURES 
 
Current Instruction Support Services Pupil Services Improvement of Instructional Services General Administration School Administration Maintenance and Operation of Plant Student Transportation Services Other Support Services Food Services Operation 
 
$ 127,208.59 $ 424,894,47 $ 
 
48,086,67 9,649.40 
 
1,543.19 28,632.91 23,593.17 
 
$ 176,471.48 
 
105.26 573.57 
 
11,848.49 51,782.49 
 
552,103.06 $ 
1,543.19 28,632.91 71,679.84 
9,649.40 
11,953.75 52,356.06 176,471.48 
 
499,507,73 
24,937.84 3,906.63 
48,606.53 9,416.60 30.00 8,076.66 
34,705.43 193,307.99 
 
Total Expenditures 
 
$ 176,471.48 $ 185,623.49 $ 542,294.72 $ 904,389.69 $ 822,495.41 
 
Excess of Revenues over (under) Expenditures 
 
$ 11,574.18 $ -15,437.32 $ 6,319.31 $ 
 
2,456,17 $ -14,774.77 
 
OTHER FINANCING SOURCES 
 
Operating Transfers In 
 
15,437.32 
 
6,194.68 
 
21,632.00 
 
5,711.06 
 
Excess of Revenues and Other Financing Sources 
 
over (under) Expenditures 
 
$ 11,574,18 $ 
 
0.00 $ 12,513.99 $ 24,088,17 $ 
 
-9,063.71 
 
FUND BALANCE JULY 1 
 
72,448.58 
 
0.00 
 
0.00 
 
72,448.58 
 
81,483.55 
 
Food Inventory - Net Change in Period Donated Commodities Purchased Food 
 
-277.92 -295.43 
 
-277.92 -295,43 
 
-454.94 483.68 
 
FUND BALANCE JUNE 30 
 
$ 83,449.41 $ 
 
0,;,;.,;,;0.0 . $ 12,513.99 $ 95,963.40 $ _ _7_2;;:.,44;",;,;;0;8..-58-. 
 
"" 
See notes to the general purpose financial statements, 
 
-19 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING BALANCE SHEET CAPITAL PROJECTS FUND JUNE 30, 1999 
 
ASSETS Cash and Cash Equivalents Investments Accounts Receivable 
 
REGULAR 
 
BOND PROCEEDS 
 
GEORGIA STATE FINANCING AND 
INVESTMENT COMMISSION 
 
$ 
 
0,00 $ 
 
0,00 $ 
 
562,639,17 
 
Total Assets 
 
$ 
 
0,00 $ 
 
0.00 $ ===56=201::,6=3=9..1..7= 
 
LIABILITIES AND FUND EQUITY 
LIABILITIES 
Cash Overdraft Contracts Payable Retainages Payable 
Total Liabilities 
.FUND EQUITY 
Fund Balances Reserved For Purposes of Bond Issue For SPLOST Projects For State Capital Outlay Projects Unreserved Deficit Undesignated 
Total Fund Equity 
Total Liabilities and Fund Equity 
 
$ 
 
211,218.98 
 
95,265,99 
 
$ 
 
306,484.97 
 
$ 
 
256,154,20 
 
$ 
 
0.00 $ 
 
0.00 
 
0,00 
 
$ 
 
0.00 $ 
 
0,00 $ 
 
256,154,20 
 
$ 
 
0,00 $ 
 
0,00 $ _==56=2==,6=3=9,.1..7= 
 
See notes to the general purpose financial statements. 
 
-20- 
 
 EXHIBIT"G" 
 
SPECIAL PURPOSE LOCAL OPTION SALES TAX 
 
$ 
 
69,183.11 $ 
 
51,507.70 
 
LOTTERY PROJECT 
 
TOTALS 
 
JUNE 30,1999 
 
JUNE 30,1998 
 
125,476.00 $ 
 
757,298.28 $ 
 
458,992.81 
 
616,894.11 
 
51,507.70 
 
37,976.55 
 
$ 
 
120,690.81 $ 
 
125,476.00 $ 
 
808.805.98 $ 1,113,863.47 
 
$ 
 
$ 
 
211,218.98 
 
95,265.99 
 
$ 
 
306,484.97 $ 
 
171.49 1,804.11 
1.:.&;,9:..:.7~5.=60::- 
 
$ 
 
992,687.40 
 
$ 
 
120,690.81 
 
$ 
 
120,690.81 
 
31,593.66 
 
$ 
 
125,476.00 
 
381,630.20 
 
87,778.30 
 
-171.49 
 
0.00 
 
0.00 
 
0.00 
 
0.00 
 
$ 
 
120.690.81 $ 
 
125,476.00 $ 
 
502,321.01 $ 1,111 ,887.87 
 
$ 
 
120.690.81 $ 
 
125.476.00 $ 
 
808.805.98 $ 1,113.863.47 
 
- 21 - 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING STATEMENT OF REVENUES. EXPENDITURES AND CHANGES IN FUND BALANCES 
CAPITAL PROJECTS FUND YEAR ENDED JUNE 30.1999 
 
FUND BALANCE JUNE 30 
 
$ 
 
0.00 $ 
 
0.00 $ -======25;;,;;6~!1=54~.~20== 
 
See notes to the general purpose financial statements. 
 
-22- 
 
 EXHIBIT"H" 
 
SPECIAL PURPOSE LOCAL OPTION 
SALES TAX 
 
LOTTERY PROJECT 
 
TOTALS 
 
YEAR ENDED 
 
JUNE 30,1999 
 
JUNE 30,1998 
 
$ 
 
112,929.00 $ 
 
880,621.61 $ 
 
$ 
 
106,574.95 
 
106,574.95 
 
1,703.54 
 
51,727.12 
 
$ 
 
108,278.49 $ 
 
112,929.00 $ 1,038,923.68 $ 
 
6,382.89 31,593.66 28,000.36 
65,976.91 
 
$ 
 
33,858.16 
 
$ 
 
4,172.42 $ 
 
--:::.;0.:=,0.0.... $ 1,664,559.49 
 
123,331.53 
 
$ 
 
4,172.42 $ 
 
---:0:.:.;.0::.:::0'- $ 1,664,559.49 $ 
 
157,189.69 
 
$ 
 
104,106.07 $ 
 
112,929.00 $ -625,635.81 $ 
 
-91,212.78 
 
$ 
 
136,08 
 
-15,145.00 $ 
 
$ 
 
-15,008.92 $ 
 
$ 0.00 
 
$ 1,076,478.70 -1 ,060,409,75 
 
0.00 $ 
 
16,068.95 $ 
 
1,000,000.00 99,842.00 
1,099,842.00 
 
$ 
 
89,097.15 $ 
 
112,929.00 $ -609,566,86 $ 1,008,629.22 
 
31,593.66 
 
12,547.00 
 
1,111,887.87 
 
103,258.65 
 
$ 
 
120,690.81 $ 
 
125,476.00' $ 
 
502,321.01 $ 1,111,887.87 
 
-23- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES 
FIDUCIARY FUND TYPE - AGENCY FUNDS YEAR ENDED JUNE 30,1999 
 
EXHIBITwr 
 
ART CLUB 
ASSETS Cash and Cash Equivalents 
 
BALANCE JULY 1,1998 
 
ADDITIONS 
 
DEDUCTIONS 
 
BALANCE JUNE 30,1999 
 
$ 
 
280,27 $ 
 
1,224.00 $ 
 
792.77 $ 
 
711.50 
 
LIABILITIES Funds Held for Others 
BUILDER'S CLUB ASSETS 
Cash and cash Equivalents 
 
$ 
 
280.27 $ 
 
1,224.00 $ 
 
792,77 $ -======..7..=11=..5.0.... 
 
$ 
 
46,24 $ 
 
0.00 $ 
 
3.60 $ 
 
4:.:;02.6..4... 
 
LIABILITIES Funds Held for Others 
 
$ 
 
46,24 $ 
 
0,00 $ 
 
3.60 $ 
 
4._2.,;,,64... 
 
BOOK FAIR PROCEEDS 
ASSETS cash and cash Equivalents 
 
$ 
 
0,00 $ 
 
2,174.30 $ 
 
1,878.25 $ 
 
2.9.6_.,0.,5. . 
 
LIABILITIES Funds Held for Others 
 
$ 
 
0.00 $ 
 
2,174.30 $ 
 
1.878.25 $ 
 
2.9.6_..0.,5. . 
 
CHESS CLUB 
ASSETS Cash and cash Equivalents 
 
$ 
 
-30.75$ 
 
185.49 $ 
 
135,00 $ 
 
19_...7.4... 
 
LIABILITIES Funds Held for Others 
 
$ 
 
-30.75 $ 
 
185.49 $ 
 
135.00 $ 
 
1.9..7. .4. . 
 
EIGHTH GRADE FUND RAISER 
ASSETS cash and cash Equivalents 
 
$ 
 
0.00 $ 
 
5,879.76 $ 
 
5,146.47 $ 
 
7_3~3._29_ 
 
LIABILITIES Funds Held for Others 
 
$ 
 
0,00 $ 
 
5,879,76 $ 
 
5,146.47 $ 
 
7_3~3,_29_ 
 
-24- 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES 
FIDUCIARY FUND TYPE - AGENCY FUNDS 
YEAR ENDED JUNE 30,1999 
 
EXHIBIT "I" 
 
HOSPITALITY 
ASSETS Cash and Cash Equivalents 
 
BALANCE 
JULY 1,1998 
 
ADDITIONS 
 
DEDUCTIONS 
 
BALANCE 
JUNE 30, 1999 
 
$ 
 
53.82 $ 
 
294.00 $ 
 
270.95 $ ...._ _....7..6.;;,;,..8.7"'" 
 
LIABILITIES Funds Held for Others 
 
$ 
 
53.82 $ 
 
294.00 $ 
 
270.95 $ ...............=7..6..=87= 
 
NEWSPAPER 
ASSETS Cash and Cash Equivalents 
 
$ 
 
63.74 $ 
 
7.25 $ 
 
0.00 $ 
 
....7...0...9..9. 
 
LIABILITIES Funds Held for Others 
 
$ 
 
63.74 $ 
 
7.25 $ 
 
0.00 $ 
 
7.0..;;;;;9.9.. 
 
PLAYGROUND EQUIPMENT 
ASSETS Cash and Cash Equivalents 
 
$ 
 
344.48 $ 
 
0.00 $ 
 
0.00 $ _ _......344;;,,;,,;,.;,,;;4.8.. 
 
LIABILITIES. Funds Held for Others 
 
$ 
 
344.48 $ 
 
0.00 $ 
 
0.00 $ _ _......3..4..4..;,,;;4.8.. 
 
STUDENT COUNCIL 
ASSETS Cash and Cash Equivalents 
 
$ 
 
5.43 $ 
 
0.00 $ 
 
0.00 $ 
 
5.;,,;;4.3.. 
 
LIABILITIES Funds Held for Others 
 
$ 
 
5.43 $ 
 
0.00 $ 
 
0.00 $ 
 
5._.4.3.. 
 
TARGET CLUB 
ASSETS Cash and Cash Equivalents 
 
$ 
 
0.00 $ 
 
10.87 $ 
 
0.00 $ 
 
1.0..,;;,;87_ 
 
LIABILITIES Funds Held for Others 
 
$ 
 
0.00 $ 
 
10.87 $ 
 
-25- 
 
0.00 $ 
 
1.0..,;;,;87_ 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES 
FIDUCIARY FUND TYPE - AGENCY FUNDS YEAR ENDED JUNE 30, 1999 
 
EXHIBIT "I" 
 
LIABILITIES Funds Held for Others 
YEARBOOK CLUB ASSETS 
Cash and Cash Equivalents 
LIABILITIES Funds Held for Others 
TOTALS - AGENCY FUNDS ASSETS 
Cash and Cash Equivalents 
LIABILITIES Funds Held for Others 
 
$ 
 
2,566.58 $ 
 
26,931.83 $ 
 
24,505.15 $ 
 
4. .,9..9...,3';;;,26_ 
 
$ 
 
0.00 $ 
 
689.28 $ 
 
0.00 $ 
 
6.8.._9._28.. 
 
$ 
 
0.00 $ 
 
689.28 $ 
 
0.00 $ 
 
6.8.._9.2_8... 
 
$ 
 
3.329.81 $ 
 
37,396.78 $ 
 
32.732.19 $ _ _....7.&.,;;;.9.9..4....4.-0.. 
 
$ 
 
3,329.81 $ 
 
37.396.78 $ 
 
32,732.19 $ 
 
7.,9.9..4..4. .0. . 
 
.' See notes to the general purpose financial statements. 
 
-26- 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 
YEAR ENDED JUNE 30,1999 
 
SCHEDULE "1" 
 
FUNDING AGENCY PROGRAM/GRANT 
Agriculture, U. S. Department of Child Nutrition Cluster Pass-Through From Georgia Department of Education Food and Nutrition Program Food Services School Breakfast Program 1999 Grant National School Lunch Program 1999 Grant 
Total Child Nutrition Cluster 
Other Programs Pass-Through From Georgia Department of Education Food and Nutrition Program Food Distribution Program (1) Pass-Through From Office of School Readiness Food and Nutrition Program Child and Adult Care Food Program 1999 Contract 
Total U. S. Department of Agriculture 
Education, U. S. Department of Special Education Cluster Pass-Through From Georgia Department of Education Individuals with Disabilities Education Act Part B - Special Education Flow Through 1999 Grant Preschool 1999 Grant 
Total Special Education Cluster 
Other Programs Direct Impact Aid 1999 Grant Pass-Through From Georgia Department of Education Elementary and Secondary Education Act TiUe I 
Grants to Local Educational Agencies 
1999 Grant TiUe II 
Eisenhower Professional Development 1999 Grant 
TiUe III Technology Uteracy Challenge Fund Grants 1999 Grant 
TiUe VI Innovative Education Program Strategies 1999 Grant 
Total U. S. Department of Education 
 
CFDA NUMBER 
 
PASSTHROUGH 
ENTITY ID 
NUMBER 
 
FEDERAL REVENUE IN PERIOD 
 
EXPENDITURES IN PERIOD 
 
 10.553  10,555 
 
N/A $ N/A 
$ 
 
37,846.43 103,323.79 $ 141,170.22 $ 
 
(2) 166,767.55 (3) .166,767.55 
 
10.550 
 
NlA 
 
9,703.93 
 
9,703.93 
 
10.558 
 
NlA $ 
 
4,449.24 155,323.39 $ 
 
(2) 176,471.48 
 
84.027 84.173 
 
NlA $ N/A 
$ 
 
36,166.25 $ 5,984.53 
42,150.78 $ 
 
41,334.10 (3) 5,984.53 
47,318.63 
 
84.041 
 
3,648.26 
 
(4) 
 
 84.010 
84.281 84.318 84.298 
-27 - 
 
NlA 
 
362,808.24 
 
363,640.13 (3) 
 
NlA 
 
18,500.00 
 
18,693.05 (3) 
 
N/A 
 
116,250.01 
 
103,736.02 
 
NlA $ 
 
8,905.00 552,262.29 $ 
 
8,906.89 (3) 542,294.72 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 
YEAR ENDED JUNE 30,1999 
 
SCHEDULE "1" 
 
FUNDING AGENCY PROGRAM/GRANT 
Justice, U. S. Department of Pass-Through From Children and Youth Coordinating Council Part E; State Challenge Activities 1999 Grant 
 
CFDA NUMBER 
 
PASSTHROUGH 
ENTITY ID 
NUMBER 
 
FEDERAL REVENUE IN PERIOD 
 
EXPENDITURES IN PERIOD 
 
16.549 
 
N/A $ 
 
1.:.,:3;.z.:,8:;,:6"",8.:.:. 7=. 3 
 
(4) 
 
Total Federal Financial Assistance 
N/A = Not Available 
 
$ 
 
721,454.41 $ ====7=1~8',;.;76=6,;,;;.2~0 
 
Notes to the Schedule of Expenditures of Federal Awards 
 
(1) The amounts shown for the Food Distribution Program represents the Federally assigned value of nonmonetary assistance for donated commodities received and/or consumed by the system during the current fiscal year, 
(2) Expenditures for the Child and Adult Care Food Program and the School Breakfast Program were not maintained separately and are included in the 1999 National School Lunch Program, 
(3) Expenditures for this program include State. and/or Other Funds, Expenditures are not maintained by fund source, 
(4) Expenditures on this program were not maintained by fund source, 
 
Major Programs are identified by an asterisk (*) in front of the CFDA number. 
 
The Board did not provide Federal Assistance to any Subrecipienl 
 
The accompanying schedule of expenditures of Federal awards includes the Federal grant activity of the Chattahoochee County Board of Education and is presented on the modified accrual basis of accounting which is the basis of accounting used in the presentation of the general purpose financial statements. 
 
See notes to the general purpose financial statements. 
 
-28- 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION SCHEDULE OF STATE REVENUE YEAR ENDED JUNE 30, 1999 
 
SCHEDULE "2" 
 
AGENCY/FUNDING 
GRANTS Community Affairs, Georgia Department of Local Assistance Grant 
Education, Georgia Department of Quality Basic Education General and Career Education Programs Special Education Programs .' Remedial Education Program Media Center Programs Staff Development Programs Indirect Cost Pupil Transportation Regular Bus Replacement Sparsity Grant Middle School Incentive Program Special Instructional Assistance In-School Suspension Mid-term Adjustment Counselors Grades 4 and 5 Technology Specialist Local Fair Share Educational Equalization Funding Grant Food Services Other State Programs At-Risk Summer School Program Health Insurance Mentor Teacher Program Preschool Handicapped Program Student Records Teachers' Retirement Lottery Programs Assistive Technology Computers in the Classroom Exceptional Growth-Capital OuUay 
Georgia State Financing and Investment Commission Reimbursement on Construction Projects 
Human Resources, Georgia Department of DAR.E. 
Office of School Readiness Pre-Kindergarten Program 
Office of Treasury and Fiscal Services Public School Employees Retirement 
 
GOVERNMENTAL FUND TYPES 
 
SPECIAL 
 
CAPITAL 
 
GENERAL 
 
REVENUE 
 
PROJECTS 
 
FUND 
 
FUND 
 
FUND 
 
TOTAL 
 
$ 
 
16,250.00 
 
$ 
 
16,250.00 
 
1,054,047.00 229,770.00 31,443.00 49,113.00 12,115.00 327,309.00 
94,993.00 28,908.00 109,596.00 53,795.00 65,984.00 46,595.00 71,564.00 
5,870.00 28,842.00 -148,532.00 190,591.00 
$ 
2,921.88 33,663.36 
1,296.00 45,527.00 
336.75 4,390.96 
 
15,134.00 
 
3,657.00 8,884.00 
$ 
 
112,929.00 
 
1,054,047.00 229,770.00 31,443.00 49,113.00 12,115.00 327,309.00 
94,993.00 28,908.00 109,596.00 53,795.00 65,984.00 46,595.00 71,564.00 
5,870.00 28,842.00 -148,532.00 190,591.00 15,134.00 
2,921.88 33,663.36 
1,296.00 45,527.00 
336.75 4,390.96 
3,657.00 8,884.00 112,929.00 
 
19,018.63 11,323.00 
 
157,645.17 
 
767,692.61 
 
767,692.61 19,018.63 157,645.17 11,323.00 
 
$ 2,386,730.58 $ 
 
See notes to the general purpose financial statements. 
 
-29- 
 
185,320.17 $ 
 
880,621.61 $ 3,452,672.36 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION SCHEDULE OF APPROVED LOCAL OPTION SALES TAX PROJECTS 
YEAR ENDED JUNE 30.1999 
 
SCHEDULE "3" 
 
PROJECT 
Chattahoochee County Education CenterClassroom building additions, renovation to media center, cafeteria, re-roofing main building, covered walkway to existing playground and bus stop, additional parking facilities, heating and air conditioning, sanitation and communications improvements, furniture needs, relocation and correction of three mobile units, furniture needs for Chattahoochee County Education Center and other necessary costs associated with Board of Education Expansion Program 
 
ORIGINAL ESTIMATED 
COST (1) 
 
CURRENT ESTIMATED COSTS (2) 
 
AMOUNT EXPENDED IN CURRENT 
YEAR (3) 
 
AMOUNT EXPENDED 
IN PRIOR YEARS 
 
$ 1,500,000.00 $ 1,735,384.49 $ 1,735,384.49 $ ====92=:!,=99;.,;4=.1==1 
 
(1) The Board's original cost estimate as specified in the resolution calling for the imposition of the Local Option Sales Tax. 
(2) The Board's current estimate of total cost for each project. Includes all cost from project inception to completion. 
(3) The voters of Chattahoochee County approved the imposition of a 1% sales tax to fund the above project and retire associated debt. Amounts expended for these projects may include sales tax proceeds, state, local property taxes and/or other funds over the life of the project. 
 
See notes to the general purpose financial statements. 
 
-30 - 
 
 CHATIAHOOCHEE COUNTY BOARD OF EDUCATION SCHEDULE OF EXPENDITURES LOTIERY PROGRAMS YEAR ENDED JUNE 30.1999 
 
SCHEDULE "4" 
 
EXPENDITURES 
Current Instruction 
. Support Services General Administration School Administration Student Transportation Services Other Support Services 
 
ASSISTIVE TECHNOLOGY 
 
COMPUTERS IN THE 
CLASSROOM 
 
PRE-KINDERGARTEN PROGRAM 
 
TOTAL 
 
$ 
 
3,901.54 $ 
 
9,060.26 $ 
 
114,246.79 $ 127,208.59 
 
48,086.67 9,649.40 105.26 573.57 
 
48,086.67 9,649.40 105.26 573.57 
 
Total Expenditures 
 
$ 
 
3,901.54 $ 
 
9.060.26 $ 
 
.....;,1_72ii:.,6_6_1,;,;;.6~9 $ 185,623.49 
 
RECAP: Salaries and Benefits Pre-Kindergarten Program Other Expenditures Assistive Technology Computers in the Classroom Pre-Kindergarten Program 
 
$ 156,906.27 
3,901.54 9,060.26 15,755.42 
 
$ 185,623.49 
 
See notes to the general purpose financial statements. 
 
- 31 - 
 
  CHATTAHOOCHEE COUNTY BOARD OF EDUCATION ANALYSIS OF MINIMUM EXPENDITURE REQUIREMENTS - OVERALL 
GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS YEAR ENDED JUNE 30,1999 
 
SCHEDULE "5" 
 
Minimum Expenditure Requirements (Total Allotment) Expenditures on Combined Program Basis 
Salaries Operations 
Less: Expenditures for Media Center Programs in Excess of Total Media Allotment 
Expenditures per Audit 
Amount of Underexpenditure for Total Allotment 
 
FOURTEEN WEIGHTED AND MEDIA CENTER 
PROGRAMS 
 
100% TEST FOR OPERATIONS PORTION OF FOURTEEN WEIGHTED PROGRAMS 
 
$ 
 
1,435,937.00 $ _ _--..;;.3...;.:1,..;.14.;.;6.;.:,0.;..0 
 
o 
 
$ 
 
1,430,158.39 
 
66,762.32 $ _ _---=.5=9,.;;...94.:..::;5=,8..;...7 
 
$ 
 
1,496,920,71 
 
-11,250.22 $ _ _..:.1::,4.::.:85:.z.;,6:.:,7.::,0:;:.4::,.9 
 
$ 
 
0,00 $=====0=,0:::0 
 
See notes to the general purpose financial statements, - 33 - 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION ANALYSIS OF MINIMUM EXPENDITURE REQUIREMENTS - BY PROGRAM 
GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS YEAR ENDED JUNE 30. 1999 
 
GENERAL AND CAREER EDUCATION PROGRAMS Kindergarten (*) Grades 1 - 3 (*) Sub-Total - K-3 Grades 4 - 5 (*) Grades 6 - 8 (*) Total General and Career Education Programs 
SPECIAL EDUCATION PROGRAMS Regular Programs Category I (*) Sub-Total - Regular Category VI (Gifted) (*) Total Special Education Programs 
r> REMEDIAL EDUCATION PROGRAM 
Total Fourteen Weighted Programs MEDIA CENTER PROGRAMS 
Salaries Operations 
Total Media center Programs 
 
ALLOTMENTS FROM GEORGIA DEPARTMENT OF 
 
REQUIRED 
 
ORIGINAL 
 
% 
 
ORIGINAL 
 
MID-TERM 
 
$ 
 
145,606.00 
 
$ 
 
417,941.00 
 
$ 
 
563,547.00 90 $ 
 
174,842.00 90 
 
315,658.00 90 
 
$ 1,054,047.00 
 
$ 
 
131,045.40 
376,146.90 $ 507,192.30 $ 
157,357.80 284,092.20 
948,642.30 $ 
 
21,564.00 21,564.00 
50,000.00 71,564.00 
 
$ 
 
217,872.00 
 
$ 
 
196,084.80 $ 
 
$ 
 
217,872.00 90 $ 
 
196,084.80 $ 
 
11,898.00 90 
 
10,708.20 
 
$ 
 
229,nO.00 
 
$ 
 
206,793.00 $ 
 
$ 
 
31,443.00 90 $ 
 
28,298.70 $ 
 
$ 1,315,260.00 
 
$ 1,183,734.00 $ 
 
0.00 0.00 
0.00 0.00 71,564.00 
 
$ 
 
40,488.00 90 $ 
 
36,439.20 $ 
 
0.00 
 
8,625.00 100 
 
8,625.00 
 
$ 
 
49,113.00 
 
$ 
 
45,064.20 $ 
 
0.00 
 
Total Fourteen Weighted and Media center Programs $ 1,364,373.00 
 
$ 1,228,798.20 $ =====7:::,;1,=564===:.0.0.. 
 
STAFF DEVELOPMENT PROGRAMS Cost of Instruction Professional Development 
Total Staff Development Programs (*) Identifies Fourteen Weighted Programs. 
 
$ 
 
3,820.00 
 
$ 
 
3,820.00 $ 
 
8,295.00 
 
8,295.00 
 
0.00 0.00 
 
$ 
 
12,115.00 100 $ 
 
12,115.00 $ ==========0=:.0=0 
 
See notes to the general purpose financial statements. 
 
- 34 - 
 
 SCHEDULE "6" 
 
EDUCATION TOTAL 
REQUIRED 
 
ACTUAL EXPENDITURES 
 
SALARIES 
 
OPERATIONS 
 
TOTAL 
 
AMOUNT OF UNDEREXPENDITURE 
FOR REQUIRED ALLOTMENT 
 
$ 
 
131,045.40 $ 
 
144,736.49 $ 
 
8,232.17 $ 
 
152,968.66 
 
397,710.90 
 
432,898.61 
 
15,785.89 
 
448,684.50 
 
$ 
 
528,756.30 $ 
 
577,635.10 $ 
 
24,018.06 $ 
 
601,653.16 $ 
 
0.00 
 
157,357.80 
 
200,908.77 
 
7,883.97 
 
208,792.74 
 
0.00 
 
334,092.20 
 
359,584.46 
 
15,704.74 
 
375,289.20 
 
0.00 
 
$ 1,020,206.30 $ 1,138,128.33 $ 
 
47,606.77 $ 1,185,735.10 
 
$ 
 
196,084.80 
 
$ 
 
200,577.55 $ 
 
6,149.64 $ 
 
206,727.19 
 
$ 
 
196,084.80 $ 
 
200,577.55 $ 
 
6,149.64 $ 
 
206,727.19 
 
0.00 
 
10,708.20 
 
11,254.16 
 
285.89 
 
11,540.05 
 
0.00 
 
$ 
 
206,793.00 $ 
 
211,831.71 $ 
 
6,435.53 $ 
 
218,267.24 
 
$ 
 
28,298.70 $ 
 
31,651.58 $ 
 
903.57 $ 
 
32,555.15 
 
0.00 
 
$ 1,255,298.00 $ 1,381,611.62 $ 
 
54,945.87 $ 1,436,557.49 
 
$ 
 
36,439.20 $ 
 
8,625.00 
 
48,546.77 
 
$ 
 
$ _ _...:.1..:.l1,.;;.81;;,;;6;;.;.4~5 
 
48,546.77 11,816.45 
 
0.00 0.00 
 
$ 
 
45,064.20 $ 
 
48,546.77 $ 
 
11,816.45 $ _ _..::6.:..l0,.=;36:;::3=.22::. 
 
$ 1,300,362.20 $ 1,430,158.39 $ 
 
66,762.32 $ 1,496,920.71 $=======0=.0:=0 
 
$ 
 
3,820.00 
 
8,295.00 
 
$===12=',;",11;,;;5=.0,;,0 
 
$ 
 
10,627.81 $ 
 
10,627.81 
 
3,313.40 
 
3,313.40 
 
$ 
 
13,941.21 $ 
 
13,941.21 $=======0::.0:::0 
 
- 35 - 
 
 SECTIONll COMPLIANCE AND INTERNAL CONfROL REPORTS 
 
 RUSSELL W. HINTON 
STATE AUDITOR 
(404) 6562174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street. S.w.. Suite 214 Atlanta. Georgia 30334-8400 
May 18, 2000 
 
Honorable Roy E. Barnes, Governor Members of the General Assembly Members of the State Board of Education 
and Superintendent and Members of the Chattahoochee County Board ofEducation 
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 
Ladies and Gentlemen: 
We have audited the financial statements of Chattahoochee County Board ofEducation as of and for the year ended June 30, 1999, and have issued our report thereon dated May 18, 2000. This report was qualified for various departures from generally accepted accounting principles, as identified in the auditor's report on the general purpose financial statements.We conducted our audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. 
Compliance 
As part of obtaining reasonable assurance about whether Chattahoochee County Board of Education's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective ofour audit and accordingly, we do not express such an opinion. Theresults of our tests disclosed no instances ofnoncompliance that are required to be reported under Government Auditing Standards. 
Internal Control Over Financial Re.porting 
In planning and performing our audit, we considered Chattahoochee County Board of Education's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and not to provide assurance on the internal control over financial reporting. However, we noted a certain matter involving the internal control over financial reporting and its 
99YB-40 
 
 operation that we consider to be a reportable condition. Reportable conditions involve matters coming to our attention relating to significant deficiencies in the design or operation of the internal control over fmancial reporting that, in our judgement, could adversely affect Chattahoochee County Board of Education's ability to record, process, summarize and report fmancial data consistent with assertions of management in the financial statements. The reportable condition is described in the accompanying Schedule of Findings and Questioned Costs as item FS-6261-99-01. 
A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course ofperforming their assigned functions. Our consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control that might be reportable conditions and accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses. However, the reportable condition described above is considered to be a material weakness. 
This report is intended solely for the information and use of management, members of the Chattahoochee County Board of Education, Federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. 
Respectfully submitted, 
 
RWH:gp 99YB-40 
 
Ru sell W. Hinton State Auditor 
 
 RUSSELL W. HINTON 
STATE AUDITOR 
(404) 6562174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.w., Suite 214 Atlanta, Georgia 30334-8400 
May 18, 2000 
 
Honorable Roy E. Barnes, Governor Members of the General Assembly Members ofthe State Board ofEducation 
and Superintendent and Members of the Chattahoochee County Board of Education 
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MNOR PROGRAM AND lNTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULARA-133 
Ladies and Gentlemen: 
Compliance 
We have audited the compliance of Chattahoochee County Board ofEducation with the types of compliance requirements described in the U.S. Office ofManagement and Budget (OMB) Circular A-i33 Compliance Supplement that are applicable to each of its major Federal programs for the year ended June 30, 1999. Chattahoochee County Board of Education's major Federal programs are identified in the accompanying Schedule of Findings and Questioned Costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to each of its major Federal programs is the responsibility of Chattahoochee County Board of Education's management. Our responsibility is to express an opinion on Chattahoochee County Board of Education's compliance based on our audit. 
We conducted our audit of compliance in accordance with generally accepted auditing standards; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits ofStates, Local Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major Federal program occurred. An audit includes examining, on a test basis, evidence about the Chattahoochee County Board of Education's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination on Chattahoochee County Board ofEducation's compliance with those requirements. 
 
99SA-10 
 
 In our opinion, the Chattahoochee County Board of Education complied, in all material respects, with the requirements referred to above that are applicable to each of its major Federal programs for the year ended June 30, 1999. 
Internal Control Over Compliance 
The management of Chattahoochee County Board of Education is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to Federal programs. In planning and performing our audit, we considered Chattahoochee County Board of Education's internal control over compliance with requirements that could have a direct and material effect on a major Federal program in order to determine our auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal control over compliance in accordance with OMB Circular A-133. 
Our consideration of the internal control over compliance would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more ofthe internal control components does not reduce to a relatively low level ofrisk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would be material in relation to a major Federal program being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over compliance and its operation that we consider to be material weaknesses. 
This report is intended solely for the information and use ofmanagement, members of the Chattahoochee County Board ofEducation, Federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. 
Respectfully submitted, 
 
RWH:gp 99SA-10 
 
Russell W. Hinton State Auditor 
 
 SECTION ill AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
 CHATTAHOOCHEE COUNTY BOARD OF EDUCATION AUDITEE'S RESPONSE 
SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
YEAR ENDED JUNE 30. 1999 
 
PRIOR YEAR FINANCIAL STATEMENT FINDINGS AND QUESTIONED COSTS 
 
FINDING CONTROL NUMBER AND STATUS 
 
FS-6261-97-02 FS-626l-98-01 FS-626l-98-02 FS-626l-98-03 FS-626l-98-04 
 
Further Action Not Warranted Unresolved - See Corrective ActionlResponses Previously Reported Corrective Action Implemented Previously Reported Corrective Action Implemented Unresolved - See Corrective ActionlResponses 
 
CORRECTIVE ACTIONIRESPONSES 
 
EXPENDITURESILIABILITIESIDISBURSEMENTS Failure to Meet Expenditure Requirements Amount: $1,626.29 Finding Control Number: FS-626l-98-0l 
 
This underexpenditure will be returned to the Department ofEducation through an increase in our local fair share in a subsequent period. 
 
GENERAL FIXED ASSETS Failure to Maintain General Fixed Assets Account Group Finding Control Number: FS-626l-98-04 
 
The Board does not maintain General Fixed Assets at this time. 
 
 SECTION IV FINDINGS AND QUESTIONED COSTS 
 
 CHATTAHOOCHEE COUNTy BOARD OF EDUCATION 
SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED ruNE 30, 1999 
I SUMMARY OF AUDITOR'S RESULTS 
1. Type of Report Issued on the Financial Statements The auditor's opinion on the Chattahoochee County Board of Education's financial statements was qualified for various departures from generally accepted accounting principles. 
2. Reportable Conditions in Internal Control Disclosed by the Audit of the Financial Statements The audit report for the Chattahoochee County Board of Education disclosed a financial statement reportable condition related to the following control category. 
General Fixed Assets 
The reportable condition described above is considered to be a material weakness. 
3. Noncompliance Material to the Financial Statements The audit ofthe Chattahoochee County Board ofEducation disclosed no instances ofnoncompliance that were deemed to be material to the financial statements. 
4. R~ortable Conditions in Internal Control Over Maior Programs The audit report for the Chattahoochee County Board ofEducation did not disclose any reportable conditions in internal control over major programs. 
5. Type ofR~ort Issued on Compliance for Miijor Programs The auditor's opinion on the Chattahoochee County Board of Education's report on compliance with requirements applicable to major programs was unqualified. 
6. Audit Findings ReQ],lired to be RaJorted by Section .510(3) ofOMB Circular A-133 The Chattahoochee County Board ofEducation's audit did not disclose audit findings required to be reported by section .510(a) ofOMB Circular A-133, 
7. Major Programs Federal awards audited as major programs are as follows: 10.553 Food and Nutrition Program - Food Services - School Breakfast Program 10.555 Food and Nutrition Program - Food Services - National School Lunch Program 84,010 Elementary and Secondary Education Act - Title I - Grants to Local Educational Agencies 
8. Type "A" Program Dollar Threshold The dollar threshold for type "A" programs was $300,000.00. 
9. Low Risk Auditee The Chattahoochee County Board ofEducation was audited as a low risk auditee based on a waiver granted by the U. S. Department of Education. 
- 1-