STATE OF GEORGIA
DEPARTMENT OF AUDITS AND ACCOUNTS ,
GA
A800
~ RI E. 33 --r 4~
199Q-JOOO



1
CITY OF THOMASVILLE BOARD OF EDUCATION

THOMAS-

COUNTY, .

GEORGIA



REPORT ON AUDIT



OF THE FINANCIAL STATEMENTS

FOR THE FISCAL YEAR ENDED JUNE 30, 2000



Russell W. Hinton State Auditor


CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY - TABLE OF CONTENTS -

Page

SECTION I

FINANCIAL

INDEPENDENT AUDITOR'S COMBINED REPORT ON GENERAL PURPOSE FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

EXHffiITS

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

AND EXPENDABLE TRUST FUNDS

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

COMBINED STATEMENT OF REVENUES, EXPENSES AND

CHANGES IN FUND BALANCES

FIDUCIARY FUND TYPE - NONEXPENDABLE TRUST FUNDS

8

E

COMBINED STATEMENT OF CASH FLOWS

FIDUCIARY FUND TYPE - NONEXPENDABLE TRUST FUNDS

9

F NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS

10

ADDmONAL FINANCIAL INFORMATION

COMBINING STATEMENTS

SPECIAL REVENUE FUND

G

COMBINING BALANCE SHEET

22

H

COMBINING STATEMENT OF REVENUES, EXPENDITURES

AND CHANGES IN ~l]) BALANCES

24

FIDUCIARY FUND TYPES

I

COMBINING BALANCE SHEET

26

J

COMBINING STATEMENT OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES

EXPENDABLE TRUST FUNDS

28

K

COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES

AGENCY FUNDS

30

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY - TABLE OF CONTENTS -

SECTION I

FINANCIAL

ADDITIONAL FINANCIAL INFORMATION

SCHEDULES

1 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

2 SCHEDULE OF STATE REVENUE

ANALYSIS OF M

EXPENDITURE REQUIREMENTS

GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS

3

OVERALL

4

BY PROGRAM



Page
31 33 35 36

SECTIONll
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 ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-B3


SECTION ill AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS

SECTION IV

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, Sow., Suite 214 Atlanta, Georgia 30334-8400
June 7, 2001

Honorable Roy E. Barnes, Governor Members of the General Assembly Members of the State Board of Education
and Superintendent and Members of the City of Thomasville Board of Education

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 City ofThomasville Board of Education, as of and for the year ended June 30, 2000, as listed in the table of contents. These general purpose financial statements are the responsibility ofthe City ofThomasville Board of Education's management. Our responsibility is to express an opinion qn these general purpose financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in the United

States of America 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

o

0

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:


2000ARL-13A

* The general purpose financial statements ofthe Board did not contain a General Fixed Assets Account Group to account for property and equipment owned by the Bon: . which should be included to confonn to generally accepted accounting principles.
* School activity accounts maintained at the individual schools are not included in the general purpose financial statements. To confonn to generally accepted accounting principles, these accounts should be included in the general purpose financial statements.
* The Board did not recognize as expenditures, in the year ended June 30, 2000, a portion of salaries and the corresponding employer's cost of related benefits earned for contractual services completed prior to June 30, 2000. Also funds received, subsequent to June 30, 2000, from the Georgia Department of Education 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, 1999, were improperly recorded in the year ended June 30, 2000. 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 Etatements of these variances or omissions have not been detennined, 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 of the City of Thomasville Board of Education as of June 30, 2000, and the results of its operations and the cash flows of its nonexpendable trust funds for the year then ended, in confonnity with accounting principles generally accepted in the United States of America.

In accordance with Government Auditing Standards, we have also issued our report dated June 7, 2001, on our consideration of the City of Thomasville Board of Education's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grants. That report is an integral part of an audit perfonned in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of our audit.
Our audit was perfonned for the purpose of fonning an opinion on the general purpose financial
statements of the City of Thomasville Board of Education taken as a whole. The accompanying combining statements (Exhibits G through K) and the financial schedules (Schedules 1 through 4), which includes the Schedule of Expenditures of Federal Awards as required by U. S. Office of
Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, are presented for purposes of additional analysis and are not a required part of the
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
2000ARL-13A

for the effects ofthe matters referred to in the third paragraph, such information is fairly stated, in all material respects, in relation to the general purpose financial statements taken as a whole.
A copy ofthis report has been filed as a permanent record in the office of the State Auditor and made available to the press ofthe State, as provided for by Official Code ofGeorgia Annotated Section 506-24.

Respectfully submitted,


RWH:gp 2000ARL-13A

R ssell W. Hinton
State Auditor








CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY



CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUP JUNE 30, 2000

ASSETS Cash and Cash Equivalents Investments Accounts Receivable Inventories
Food Donated Commodities Purchased Food
Amount to be Provided in Future Years For Payment of Capital Lease Agreements
Total Assets

GOVERNMENTAL FUND TYPES

SPECIAL

CAPITAL

GENERAL

REVENUE

PROJECTS

FUND

FUND

FUND

$

951,211.90 $

749,675.46 $

0.00



4,156.64

241,181.37

192,229.79

9,081.81 6,315.90

$ 1,196,549.91 $

957,302.96 $ ...................-==,;,;0.~OO;;.

LIABILITIES AND FUND EQUITY

LIABILITIES

Accounts Payable Salaries Payable Expired Grant Balances Payable Retainages Payable Funds Held for Others Capital Lease Agreements
Total Liabilities

$
-
$

FUND EQUITY

Fund Balances Reserved For Bus Replacement Funds For Endowment Corpus
For Expired Grant Balances/Questioned Costs $
For Inventories Food Donated Commodities Purchased Food
For Local Capital Outlay Unreserved
Undesignated

Total Fund Equity

$

206,645.69 $

206,645.69 $
49,707.40
$
940,196.82
989,904.22 $

95,813.67 $
329,735.01 878.12
426,426.80 $
9,081.81 6,315.90
515,478.45 $ 530,876.16 $

0.00 0.00
....:::O:.;.::.o~O
. . : :0:.;.O: . ~O

Total Liabilities and Fund Equity

$ 1,196,549.91 $

957,302.96 $ _====o_......;;:O~.O~O

The notes to the general purpose financial statements are an integral part of this statement. -2-



EXHIBIT "A"

FIDUCIARY FUND TYPES TRUST AND AGENCY FUNDS

$

8,517.95

102,615.09

649.60

ACCOUNT GROUP GENERAL
LONG-TERM DEBT

TOTALS
JUNE 30(,M2e0m00orandumJUONnIEX7)30=-,"""17'::":99:-::9-

$ 1,709,405.31 $ 2,632,002.94

106,771.73

52,193.60

434,060.76

551,754.10


$ _ _--=.99:::..:0~,64::....:..:::;.9:=22=.

9,081.81 6,315.90
990,649.22

10,407.39 5,824.47
1,095,927.75

$

111,782.64 $

990,649.22 $ 3,256,284.73 $ 4,348,110.25

$

1,065.94

$

$

1,065.94 $



$

85,605.61

25,111.09 $ _ _..:.1~10:,,:.7,;..;1"",6,;.7;. ~0

$

111,782.64 $

$
990,649.22 990,649.22 $

302,459.36 $ 329,735.01
878.12
1,065.94 990,649.22
1,624,787.65 $

129,829.17 279,540.18
13,410.40 7,266.87 1,095,927.75
1,525,974.37



$

15,134.26

$

85,605.61

85,605.61

49,707.40

9,081.81 6,315.90

10,407.39 5,824.47 576,196.50

1,480,786.36

2,128,967.65

$ 1,631,497.08 $ . 2,822,135.88

990,649.22 $ 3,256,284.73 $ 4,348,110.25
-3-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS
YEAR ENDED JUNE 30, 2000

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 Land and Land Improvements Buildings and Building Improvements
Debt Service Principal Interest
Total Expenditures
Excess of Revenues over (under) Expenditures
OTHER FINANCING SOURCES (USESl
Capital Leases 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

GOVERNMENTAL FUND TYPES

SPECIAL

CAPITAL

REVENUE

PROJECTS

FUND

FUND

$ 12,538,802.42 $
6,118,831.52 387,474.31
$ 19,045,108.25 $

998,373.98 $ 2,963,779.09
661,483.53
4,623,636.60 $

18,750.00
24,539.13 4;::.:3::", :,2::.::8:::,9:.1:,.~3

$ 12,110,688.80 $
1,411,530.16 677,542.18 443,563.85 321,883.36
1,526,408.60 320,107.21
1,782,268.31 136,908.38 142,176.93 28,812.50
29,407.58

566,208.38

105,278.53 48,520.23
-
$ 19,651,305.00 $

$

-606,196.75 $

2,403,816.23
160,914.81 315,429.53
123,567.65 55,412.63
67,788.19 1,000.00
.
5,406.75 1,728,190.65
$

132,708.13 259,163.26

4,861,526.44 $

391,871.39

-237,889.84 $ _ _-..:::~..:..:8::.!:5,::.:8:.:2,::.2:::.,6

$

233,596.57 $

- - - - - _ . $ _ _-.::5.;.,;70:.!.,9:;:2:.;:8:.:.:8.=3

337,332.26

$

-570,928.83 $

233,596.57 $ _ _.:::.33:::.:7.J.:3':.::3=2=.2~6

$ -1,177,125.58 $ 2,167,029.80

-4,293.27 $ 536,003.58

-11,250.00 11,250.00

-1,325.58 491.43

FUND BALANCE JUNE 30

$

989,904.22 $

530,876.16 $ .....=========.;;;O~.O~O

The notes to the general purpose financial statements are an integral part of this statement.
-4-

EXHIBIT "B"

TOTAL

FIDUCIARY FUND TYPE EXPENDABLE TRUST FUNDS

TOTALS

(Memorandum Only.L..)

_

YEAR ENDED

JUNE 30, 2000

JUNE 30,1999

$ 13,555,926.40
2,963,779.09 6,118,831.52
1,073,496.97 $
$ 23,712,033.98 $

$
13,991.68
13,991.68 $

13,555,926.40 $
2,963,779.09 6,118,831.52 1,087,488.65
23,726,025.66 $

13,187,77[; 38 2,815,400.37 6,048,547.31 943,999.17
22,995,725.73

$ 14,514,505.03

$ 14,514,505.03 $ 13,758,007.78

1,572,444.97 992,971.71 443,563.85 445,451.01
1,581,821.23 320,107.21
1,850,056.50 137,908.38 142,176.93
34,219.25 $
1,728,190.65 29,407.58

11,239.60

1,572,444.97 992,971.71 443,563.85 445,451.01
1,581,821.23 320,107.21
1,850,056.50 137,908.38 142,176.93 45,458.85
1,728,190.65 29,407.58

1,378,966.91 867,457.66 461,728.92 461,273.10
1,593,095.71 230,465.52
1,919,207.00 239,679.49 138,866.17 46,775.03
1,606,557.86 31,583.68

132,708.13 825,371.64

132,708.13 825,371.64

171,513.07 597,108.12

105,278.53 48,520.23

105,278.53 48,520.23

84,452.34 3,903.87

$ 24,904,702.83 $

11,239.60 $ 24,915,942.43 $ 23,590,642.23

$ -1,192,668.85 $ _ _--=2""',7....:;5=2.;.;;.0.;:;..8 $ -1,189,916.77 $

-594,916.50

$

570,928.83

-570,928.83

$

0.00

$ -1,192,668.85 $
2,714,283.38

-1,325.58 491.43

$ 1,122,002.00

$

570,928.83

484,771.72

-570,928.83

-484,771.72

$

0.00 $ 1,122,002.00

2,752.08 $
18,143.39

-1,189,916.77 $
2,732,426.77

527,085.50 2,203,241.19

-1,325.58 491.43

1,968.73 131.35

$ 1,520,780.38 $

20,895.47 $ 1,541,675.85 $ 2,732,426.77

-5-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL - (NON-GAAP BASIS) GENERAL AND SPECIAL REVENUE FUNDS
YEAR ENDED JUNE 30, 2000

EXHIBIT "C"

GENERAL FUND

ACTUAL

(BUDGET

BUDGET

BASIS)

REVENUES

State Funds Federal Funds Taxes Other Funds

$ 12,204,881.15 $ 12,538,802.42

27,400.00

6,112,835.00

6,118,831.52

180,202.00

387,474.31

Total Revenues

EXPENDITURES

$ 18,525,318.15 $ 19,045,108.25

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

$ 12,250,194.15 $ 12,110,688.80

1,250,884.00 705,369.00 441,599.00 255,417.00
1,507,419.00 308,648.00
1,737,631.00 150,033.00 139,860.00 15,750.00

1,411,530.16 677,542.18 443,563.85 321,883.36
1,526,408.60 320,107.21
1,782,268.31 136,908.38 142,176.93 28,812.50

125,593.00

29,407.58 566,208.38 153,798.76



Total Expenditures

Excess of Revenues over (under) Expenditures

$ 18,888,397.15 $ 19,651,305.00 $ -363,079.00 $ -606,196.75

OTHER FINANCING SOURCES (USES)

Other Sources Other Uses

$ "507,547.00 $ -570,928.83

Total Other Financing Sources (Uses)

$ -507,547.00 $ -570,928.83

Excess of Revenues and Other Financing Sources over (under) Expenditures and Other Financing Uses
FUND BALANCE JULY 1, 1999

$ 870,626.00 $ -1,177,125.58

1,522,894.71

2,167,029.80

Adjustments Food Inventory' Net Change in Period
Donated Commodities Purchased Food

2.29

FUND BALANCE JUNE 30, 2000

$ 652,271.00 $ 989,904.22

The notes to the general purpose financial statements are an integral part of this statement.

7-

SPECIAL REVENUE FUND

ACTUAL

(BUDGET

BUDGET

BASIS)

$ 1,009,456.07 $ 998,373.98 3,195,633.48 2,963,779.09

454,504.00

661,483.53

$ 4,659,593.55 $ 4,623,636.60

$ 2,480,467.03 $ 2,403,816.23

174,270.00 360,355.52

160,914.81 315,429.53

130,833.00 54,200.00

123,567.65 55,412.63

41,765.00 1,500.00

67,788.19 1,000.00

29,800.61 1,601,159.00

5,406.75 1,728,190.65


$ 4,874,350.16 $ 4,861,526.44

$ -214,756.61 $ -237,889.84

$ 191,320.00 $ 233,596.57 $ 191,320.00 $ 233,596.57

$ -23,436.61 $ -4,293.27

557,765.46

536,003.58

-276.30

-1,325.58 491.43

$ 534,052.55 $ 530,876.16

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCES
FIDUCIARY FUND TYPE - NONEXPENDABLE TRUST FUNDS
YEAR ENDED JUNE 30, 2000

EXHIBIT "0"

OPERATING REVENUES Donations
OPERATING EXPENSES Current Scholarships Operating Income
NONOPERATING REVENUES Interest Earned Net Income
FUND BALANCE JULY 1
FUND BALANCE JUNE 30

MEGAN CARR SCHOLARSHIP
FUND

BOBBY SINGLETARY
FAMILY SCHOLARSHIP
FUND

TOTALS _ _ _(Memorandum Onl:t)'--_ _
YEAR ENDED
JUNE 30, 2000 JUNE 30,1999

$

0.00 $

0.00 $

0.00 $ _ _---:3:::..:4~7:.:6:::.::.,8



$

2,000.00 $

2,700.00 $

4,700.00 $ _ _....:5~,2::.:0:.::0:.:0:::.::.,0

$

-2,000.00 $

-2,700.00 $

-4,700.00 $

-4,852.32

2,897.02

1,915.10

4,812.12

4,423.56

$

897.02 $

-784.90 $

112.12 $

-428.76

50,890.21

38,818.90

89,709.11

90,137.87

$

51,787.23 $

38,034.00 $

89,821.23 $ _ _,;;;;89.,7;.;0;;,;;9~.1~1



The notes to the general purpose financial statements are an integral part of this statement. -8-


CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINED STATEMENT OF CASH FLOWS
FIDUCIARY FUND TYPE - NONEXPENDABLE TRUST FUNDS
YEAR ENDED JUNE 30, 2000

EXHIBIT "E"

MEGAN CARR SCHOLARSHIP
FUND

BOBBY SINGLETARY
FAMILY SCHOLARSHIP
FUND

TOTALS
(Memorandum Onlu.. _ YEAR ENDED
JUNE 30, 2000 JUNE 30,1999

Cash Flows frr ")perating Activities:

Cash Rece: 'om Donations

$

347.68

Cash Paid j .,cholarships

$

-2,000.00 $

-2,700.00 $

-4:..!,;7, :.,:0;.::.0:.O::.,=..O

-5,200.00

Net Cash Provided (Used) by Operating

Activities

$

-2,000.00 $

-2,700.00 $

-4,700.00 $

'4.:.:;,8::,:5=2c:.:.3=.2

Cash Flows from, "jsting Activities:

Interest Received on Investments

$

2,506.69 $

1,725.67 $

4,232.36 $

4,423.56

Sale/Purchase of Investments (Net)

-3,116.22

-37,844.57

-40,960.79

-2,280.68

Net Cash Provided by Investment

Activities

$

-609.53 $

-36,118.90 $

-36,728.43 $ _ _-=2::.t.,1.:..;4~2c:.8:';,:.8

Net Increase (Decrease) in Cash

$

-2,609.53 $

-38,818.90 $ -41,428.43 $

-2,709.44

Cash and Cash Equivalents - JUly 1

2,609.53

38,818.90

41,428.43

44,137,87

Cash.and Cash Equivalents - June 30

$

0.00 $


0.00 $

0.00 $

41.,.4.2.8...4.-.3

-



,
The notes to the general purpose financial statements are an integral part of this statement.
-9-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note I: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

REPORTING ENTITY



The City ofThomasville Board ofEducation (Board) was established under the laws ofthe 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 determine tax revenues flowing to the Board. 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.

Although "school activity accounts" are maintained at the individual schools, neither the assets, liabilities and fund equity, nor the revenues, expenditures and changes in fund balances of these accounts are reflected in these financial statements. To conform to generally accepted accounting principles, these accounts should be recorded in the general purpose financial statements.

-



The general purpose financial statements account for all State, Federal, Taxes and Other funds under

control of the 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 ofthe 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.

- 10-

CITY OF THOMASVILLE BOARD OF EDUCADON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note I: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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 of major capital facilities.
FIDUCIARY FUND TYPES - the funds used to account for assets held by a government unit in a trustee capacity or as an agent for individuals, private organizations; other government units and/or other funds. These funds include:
NONEXPENDABLE TRUST FUNDS Megan Carr Scholarship Fund and Bobby Singletary Family Scholarship Fund - the funds used to account for endowments of which the corpus is to be invested and preserved intact with the resultant income to be used to provide scholarships to graduating seniors ofThomasville High School on the basis of need, demonstrated ability and desire.
EXPENDABLE TRUST FUNDS Ben Karsh Scholarship Fund - the fund used to account for the principal and earnings which may be expended to provide scholarships to graduating students from Thomasville High School who have demonstrated exemplary character, scholastic achievement, athletic ability and spirit.
Parker Poe Foundation Fund - the fund used to account for the principal and earnings which may be expended for the "Books to Grow On" program.
Williams Family Foundation Fund - the fund used to account for the principal and earnings which may be expended for the Balfour School for Young Children to provide a Wihnebago Circulati~n/Catalogingsystem and books for the library.
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 capital lease obligations.
BASIS OF ACCOUNTING
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. All governmental and expendable trust 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 ofthese funds present
- 11 -

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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.
All nonexpendable trust funds are accounted for on a flow of economic resources measurement focus. With this measurement focus, all assets and liabilities associated with the operation ofthese funds are included on the balance sheet. Operating statements present increases (e.g., revenues) and decreases (e.g., expenses) in net total assets.
Agency funds are purely custodial in nature and do not involve measurement ofresults ofoperations.
Governmental and expendable trust 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 of the transaction can be determined and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Those revenues . considered susceptible to accrual are property taxes, intergovernmental grants and investment income.
Expenditures are generally recognized when the related fund liability is incurred.
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 2000, a substantial number of personnel of the Board were employed for a one hundred and ninety day period beginning in late August 1999 and ending in early June 2000. Personnel contracts for this employment period specify that compensation be paid in twelve equal monthly payments beginning in September 1999 and ending in August 2000. State grants to fund the State's share of these contracts were disbursed from the Georgia Department ofEducation to the Board in the same twelve months. As ofJune 30, 2000, compensation under these employment contracts had been earned, but two ofthe twelve monthly payments, due for July and August 2000, had not been made. Payments for these two months were made and recorded as expenditures by the Board subsequent to June 30, 2000. Also, the State's portion ofthe compensation paid in July and August 2000 was received and recorded as revenue in the fiscal year subsequent to June 30, 2000. Conversely, the similar expenditures and related revenues for contractual services completed prior to June 30, 1999, were recorded in the year ended June 30, 2000. 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.
- 12-

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note I: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accrual basis ofaccounting, as required by generally accepted accounting principles, is utilized by nonexpendable trust funds. Under the accrual basis of accounting, revenues are recorded when earned and expenses are recorded at the time liabilities are incurred.

Agency funds are accounted for using the modified accrual basis ofaccounting in recognizing assets and liabilities.

BUDGET

The City of Thomasville Board of Education'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 ofthe budget at any level. The budget for all governmental funds is prepared by fund, function and object. The legal level of budget 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.

The budget process begins when the Board's administration prepares a tentative budget for the Board's approval. After approval ofthis tentative budget by the Board, such budget is advertised at least once in a newspaper of general circulation in the locality. At the next regular meeting of the 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(c), to the Georgia Department of Education. The Board may increase or decrease the budget at any time during the year. All unexpended budget authority lapses at fiscal year-end.


CASH AND CASH EQUIVALENTS

COMPOSITION OF DEPOSITS Cash and cash equivalents consist of deposits in authorized financial institutions. Georgia Laws OCGA 45-8-14 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.

INVESTMENTS

COMPOSITION OF INVESTMENTS



Investments made by the Board in nonparticipating interest-earning contracts (such as certificates of

deposit) and repurchase agreements are reported at cost. Participating interest-earning contracts and

money market investments with a maturity at purchase ofone year or less are reported at amortized

cost. Both participating interest-earning contracts and money market investments with a maturity at

purchase greater than one year are reported at fair value. The Official Code of Georgia Annotated

Section 36-83-4 authorizes the Board to invest its funds. In selecting among options for investment

or among institutional bids for deposits, the highest rate of return shall be the objective, given

equivalent conditions of safety and liquidity. Funds may be invested in the following:

- 13-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(1) Obligations issued by the State of Georgia or by other states,

(2) Obligations issued by the United States government,

(3) Obligations fully insured or guaranteed by the United States government or a United States government agency,

(4) Obligations of any corporation of the United States government,

(5) Prime banker's acceptances,

(6) The Local Government Investment Pool administered by the State of Georgia, Office of Treasury and Fiscal Services,

(7) Repurchase agreements, and

(8) Obligations of other political subdivisions of the State of Georgia.

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 City of Thomasville fixed the property tax levy for the 1999 tax year (calendar year) on October 11, 1999 (levy date). Taxes were due on January 7, 2000. The lien date for property taxes was January 1, 1999. Taxes collected within the current fiscal year or within 60 days after year-end are reported as revenue in fiscal year 2000. The Thomasville City Clerk bills and collects the property taxes for the Board of Education, withholds 1.25% 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 1999 tax year (calendar year) for the City of Thomasville Board of Education was as follows (a mill equals $1 per thousand dollars of assessed value):

School Operations

17.32 mills

- 14-

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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 expenditures at the time commodity items are received. Purchased foods inventories are recorded as expenditures at the time ofpurchase. 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.
INTERFUND TRANSACTIONS
The Board has the following types of interfund transactions:

Reimbursements of expenditures/expenses initially made from a fund that are properly applicable to another fund are recorded as expenditures/expenses in the reimbursing fund and as reductions of expenditures/expenses 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, results ofoperations or cash flows 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 AND INVESTMENTS

COLLATERALIZATION OF DEPOSITS Official Code of Georgia 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 ofmoney which has not been secured by surety bond, by guarantee ofinsurance, or by collateral. The aggregate ofthe face value ofsuch 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. Ifa depository elects the pooled method (OCGA 45-8-13.1) the aggregate ofthe market value ofthe securities pledged to secure a pool ofpublic funds shall be not less than 110 percent ofthe daily pool balance. OCGA Section 45-8-11 (b) provides an officer holding public funds may, in his discretion, waive the requirement for security in the case ofoperating funds placed in demand deposit checking accounts.
- 15 -

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 2: DEPOSITS AND INVESTMENTS
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 of indebtedness or other obligations of the counties or municipalities of the State of Georgia,
(5) Bonds of any public authority created by the laws of the 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 of development 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 jnterest 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, 2000, the bank balances were $3,515,624.37. The amounts ofthe total bank balances are classified into three categories of credit 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, 2000, as follows:

- 16-

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 2: DEPOSITS AND INVESTMENTS

Risk Category

Bank Balance

1

$ 300,000.00

2

2,506,576.90

3

709,047.47

Total

$ 3,515,624.37

CATEGORIZATION OF INVESTMENTS At June 30, 2000, the carrying value of the Board's total investments was $4,156.64 which is materially the same as fair value. This investment consisted entirely of funds invested in the Local Government Investment Pool administered by the State of Georgia, Office of Treasury and Fiscal Services which are not required to be categorized since the Board did not own any specific identifiable securities in the pool. The investment policy ofthe State ofGeorgia, Office ofTreasury and Fiscal Services for the Local Government Investment Pool (Primary Liquidity Portfolio) does not provide for investment in derivatives or similar investments. A description of the Primary Liquidity Portfolio is as follows:

The Primary Liquidity Portfolio consists of Georgia Fund 1, which is a combination local and state

government investment pool, and Fund 6. Georgia Fund 1 is a stable net asset value investment pool

which follows Standard and Poor's criteria for AAAm rated money market funds. The pool is not

registered with the SEC as an investment company but does operate Georgia Fund 1 in a manner

consistent with Rule 2a-7 ofthe Investment Company Act of 1940 and is considered to be a Rule 2a-

7 like pool. The pool's primary objectives are safety of capital, investment income, liquidity and

diversification while maintaining principal ($1.00 per share value). Net asset value is calculated

weekly to ensure stability. The pool distributes earnings (net of management fees) on a monthly

basis and values participant's shares sold and redeemed based on $1.00 per share. Pooled cash and

cash equivalents and investments are reported at cost which approximates fair value. The pool does

not issue any l~gallybinding guarantees to support the value ofthe shares. Participation in the pool

is voluntary and deposits consist of funds from local governments; operating and trust funds of

Georgia's state agencies, colleges and universities; and current operating funds of the State of

Georgia's General Fund.

.

Investments in Georgia Fund 1 and Fund 6 are directed toward short-term instruments such as U. S. Treasury obligations, securities issued or guaranteed as to principal and interest by the U. S. Government or any of its agencies or instrumentalities, banker's acceptances and repurchase agreements. The weighted average maturity of Georgia Fund 1 may not exceed 60 days. The weighted average maturity for Georgia Fund 1 on June 30, 2000, was 23 days. The average investment duration for Fund 6 on June 30, 2000, was .80 year.

- 17 -

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

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 ofloss 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 participates in the Georgia School Boards Association Risk and Insurance Management System, a public entity risk pool organized on July 1, 1994, to develop and administer a plan to reduce risk of loss on account of general liability, motor vehicle liability, or property damage, including safety engineering and other loss prevention and control techniques, and to administer one or more groups of self-insurance funds, including the processing and defense of claims brought against members of the system. The Board pays an annual premium to the system for its general insurance coverage. Additional coverage is provided through agreements by the system with other companies according to their specialty for property, boiler and machinery, general liability (including coverage for sexual harassment, molestation and abuse) and automobile risks. Payment of excess insurance for the system varies by line of coverage.

The Board is self-insured with regard to unemployment compensation claims. The Board accounts for claims within the General Fund and the School Food Services Special Revenue Fund. Claims are accounted for with expenditure and liability being reported when it is probable that a loss has occurred and the amount of that loss can be reasonably estimated.


Changes in the unemployment compensation claims liability during the last two fiscal years are as

follows:

.

1999
2000

Beginning
of Year
Liability_

Claims and Changes in Estimates

$

0.00 $

3,520.00 $

$

0.00 $ 2,281.00 $

Claims Paid

End ofYear
Liability_

3,520.00 $ 2,281.00 $

-"0..:.::.0=0 -"0..:.::.0=0

The Board participates in the Georgia School Boards Association Workers' Compensation Fund, a public entity risk pool organized on July 1, 1992, to develop, implement, and administer a program ofworkers' compensation self-insurance for its member organizations. The Board pays an animal premium to the Fund for its general insurance coverage. Additional insurance coverage is provided through an agreement by the Fund with the United States Fidelity and Guaranty Company to provide coverage for potential losses sustained by the Fund in excess of$350,000.00 loss per occurrence, up to the statutory limit.


- 18 -

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 4: RISK MANAGEMENT

The Board has purchased surety bonds to provide additional insurance coverage as follows:

Position Covered
Superintendent All Other Employees

Amount
$ 50,000.00 $ 100,000.00

Note 5: GENERAL LONG-TERM DEBT

CAPITAL LEASES The City ofThomasville Board ofEducation has entered into various lease agreements as lessee for equipment, fixtures and buses. These lease agreements qualify as capital leases for accounting purposes and, therefore, have been recorded at the present value of the future minimum lease payments as of the date of their inception.

The changes in General Long-Term Debt during the fiscal year ended June 30, 2000, were as follows:

Balance July 1, 1999
Deductions Payments
Balance June 30, 2000

Capital Leases $ 1,095,927.75
105,278.53
$ 990.249,2)

At June 30, 2000, payments due by fiscal year which includes principal and interest for these items are as follows:

Fiscal Year Ended June 30

Capital Leases

2001 2002 2003 2004 2005 2006 - 2009

$ 153,798.76 153,798.76 151,667.25 125,593.00 125,593.00 494,038.87

Total Principal and Interest

$ 1,204,489.64

Deduct: Imputed Interest

213,840.42

Net Present Value ofFuture Minimum Lease Payments

- 19-

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

. Note 6: ON-BEHALF PAYMENTS
The Board has recognized revenues and expenditures in the amount of $304,773.21 for health insurance and retirement contributions paid on the Board's behalfby the following State Agencies.
Georgia Department of Education . Paid to the Georgia Department of Community Health For Health Insurance ofNon-Certified Personnel In the amount of$238,957.39
Paid to the Teachers Retirement System of Georgia For Teachers Retirement System (TRS) Employer's Cost In the amount of $25,802.82
Office 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 $40,013.00

Note 7: 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.
Th~ Board is the defendant in a civil action pending in the United States District Court for the Middle District ofGeorgia, Thomasville Division. The ultimate disposition ofthis proceeding is'oot presently determinable, but may have a material affect on the general purpose financial statements.
Note 8: RETIREMENT PLANS
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 ofGeorgia (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.

- 20-

CITY OF THOMASVILLE BOARD OF EDUCAnON - THOMAS COUNTY NOTES TO THE GENERAL PURPOSE FINANCIAL STATEMENTS JUNE 30, 2000

EXHIBIT "F"

Note 8: RETIREMENT PLANS

TRS CONTRIBUTIONS REQUIRED AND MADE Employees ofthe Board who are covered by TRS are required by State statute to contribute 5% of their gross earnings to TRS. The Board makes monthly employer contributions to TRS at rates adopted by the TRS Board of Trustees in accordance with State statute and as advised by their independent actuary. The required employer contribution rate is 11.29% and employer contributions for the current fiscal year and the preceding two fiscal years are as follows:

Fiscal Year

Percentage Contributed

Required Contribution

2000 1999 1998

100% 100% 100%

$ 1,554,866.13 $ 1,538,351.32 $ 1,442,241.46


-


- 21 -

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINING BALANCE SHEET SPECIAL REVENUE FUND
JUNE 30, 2000

ASSETS
Cash and Cash Equivalents
Accounts Receivable
Inventories Food Donated Commodities Purchased Food

SCHOOL FOOD
SERVICES FUND

LOTIERY PROGRAMS

$

625,609.56 $

146,535.44

525.00

3,756.00

9,081.81 6,315.90

Total Assets

$

641,532.27 $ ===15;;;,;000l0'2;;;9..1...4..4...

LIABILITIES AND FUND EQUITY
LIABILITIES
Cash Overdraft Accounts Payable Salaries Payable Expired Grant Balances Payable
Total Liabilities
FUND EQUITY
Fund Balances Reserved For Inventories Food Donated Commodities Purchased Food Unreserved Undesignated
Total Fund Equity

$

22,291.07 $

35,770.08

88,365.04

114,521.36

$

11 0,656.11 $ _ _..;.;15:;.:0,-,=,2:.:;9..;.;1.;..;.44..;.;



$

9,081.81

6,315.90

515,478.45 $

$

530,876.16 $

. ;,O.;.; .O-=-.O
...:::O~.O;.:;...O

Total Liabilities and Fund Equity

$

641,532.27 $ _=_15_0.,2;,;9=1.=44~

See notesto the general purpose financial statements.
- 22-

EXHIBIT "G"

FEDERAL PROGRAMS

TOTALS

JUNE 30,2000

JUNE 30,1999

$

772,145.00 $

746,471.09

$

187,948.79

192,229.79

383,494.35

9,081.81 6,315.90

10,407.39 5,824.47

$

187,948.79 $

979,772.50 $ 1,146,197.30

$

22,469.54 $

22,469.54 $

247,944.40

>

37,752.52

95,813.67

82,709.14

126,848.61

329,735.01

279,540.18

878.12

878.12

$

187,948.79 $

448,896.34 $ _-"----:;;.6"""10"""1,;.;9;,,;;.3,;.;..7=2





$

9,081.81 $

10,407.39

6,315.90

5,824.47

$

.::.;0.:.:;,00::.,

515,478.45

519,771.72



$

0.00 $

530,876.16 $ _ _.;,.53,;.;6"",0;;.,;0;,;.3,;.;.5.;;.,8



$

187,948.79 $

979,772.50 $ 1,146,197.30

- 23-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
SPECIAL REVENUE FUND
YEAR ENDED JUNE 30, 2000

REVENUES

State Funds Federal Funds Other Funds

Total Revenues



EXPENDITURES

Current Instruction Support Services Pupil Services Improvement of Instructional Services Educational Media Services General Administration School Administration Maintenance and Operation of Plant Student Transportation Services Other Support Services Food Services Operation
Debt Service Principal Interest

Total Expenditures

Excess of Revenues over (under) Expenditures

OTHER FINANCING SOURCES

Operating Transfers In

Excess of Revenues and Other Financing Sources over (under) Expenditures

FUND BALANCE JULY 1

Food Inventory - Net Change in Period Donated Commodities Purchased Food

SCHOOL FOOD
SERVICES FUND

LOTTERY PROGRAMS

$

104,330.00 $

1,087,910.85

531,656.53

894,043.98

$ 1.723.897.38 $ _._--=-89=-4:.:.:,O;..:4.;:.3:.::..9=..8

$

822.145.97

150,608.81 1,837.57

51,764.97 66,539.22

$ 1,728.190.65

$

1.728. 190.65 $ _--:..1~,0~92:.l:,8~9:.:::6.:.:5:4:.:.:::,.

$

-4,293.27 $

-198,852.56

0.00

198,852.56

$

-4,293.27 $

0.00

536,003.58

0.00

-1,325.58 491.43

FUND BALANCE JUNE 30
See notes to the general purpose financial statements.
-24 -


$

530,876.16 $ =========,;;;,0.;;;;,0.;;;.0

EXHIBIT "H"


FEDERAL

TOTALS YEAR ENDED

PROGRAMS

JUNE 30, 2000

JUNE 30,1999

$

998,373.98 $

965,843.71

$ 1,875,868.24

2,963,779.09

2,812,337.18

129,827.00

661,483.53

546,480.81


$ 2,005,695.24 $ 4,623,636.60 $ 4,324,661.70

$ 1,581,670.26 $
10,306.00 313,591.96
123,567.65 3,647.66 1,248.97 1,000.00 5,406.75

.------
$ 2,040,439.25 $

$

-34,744.01 $

2,403,816.23 $
160,914.81 315,429.53
123,567.65 55,412.63 67,788.19 1,000.00 5,406.75
1,728,190.65
4,861,526.44 $
-237,889.84 $

2,186,400.49
102,011.15 315,422.86
24,760.77 122,089.85
52,362.00 66,450.78
2,235.00 15,352.86 1,606,557.86
7,310.03 458.97
4,501,412.62
-176,750.92

34,744.01

233,596.57

167,604.65

$

0.00 $

-4,293.27 $

-9,146.27



0.00

536,003.58

543,049.77

-1,325.58 491.43

1,968.73 . 131.35

$

0.00 $

530,876.16 $ ===53;;;;;6.,.0=0=3';,;;,5.8..



-25 -




CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINING BALANCE SHEET FIDUCIARY FUND TYPES JUNE 30. 2000


ASSETS Cash and Cash Equivalents Investments Accounts Receivable

NONEXPENDABLE TRUST FUNDS

BOBBY

SINGLETARY

MEGAN CARR

FAMILY

SCHOLARSHIP

SCHOLARSHIP

FUND

FUND

BEN KARSH SCHOLARSHIP
FUND

$

51.396.90 $

37.844.57 $

12,173.62

390.33

189.43

60.93

Total Assets

$

51.787.23 $

38.034.00 $ ===12;;,;;.2;;;,;;3;.,;,4=.5;;;.5

LIABILITIES AND FUND EQUITY
LIABILITIES
Funds Held for Others
FUND EQUITY
Fund Balances Reserved For Endowment Corpus Unreserved Undesig nated
Total Fund Equity

$

48.105.61 $

37,500.00

3.681.62

534.00 $

1:.:2:.!:,2:.:3:..,:.4:.:::.5.:::.,5

$

51.787.23 $

38.034.00 $ _ _...:.12=::.!,::.:23~4~.5::::..5

Total Liabilities and Fund Equity

$

51.787.23 $

38.034.00 $ ==..;.12;;,:.,;;;23;;,,;4,;;:;.5;;;;.5

See notes to the general purpose financial statements.

- 26-





EXHIBIT "I"

EXPENDABLE TRUST FUNDS

WILLIAMS

PARKER POE FOUNDATION

FAMILY FOUNDATION

FUND

FUND

AGENCY FUNDS

TOTALS

JUNE 30, 2000

JUNE 30, 1999

$

7,452.01

$

1,065.94 $

8,517.95 $

66,838.69

$

1,200.00

102,615.09

48,280.68

8.91

649.60

$

7,452.01 $

1,208.91 $

1,065.94 $

111 ,782.64 $ ==,,;,,11=5;,;.'1;";1,;,9=.3,;,,,7

-

$

1,065.94 $

1,065.94 $ _ _---:7~,2:.:6:.::;6.:.::.8~7



$

7,452.01 $

$

7,452.01 $

$

7,452.01 $

1;.:.:,2:;.;:0;.;;.8;.:..9-"-1 1;.:.:,2:;.;:0;.;;.8;.:..9-"-1
1,208.91 $

$

85,605.61 $

85,605.61 -

25,111.09

22,246.89

$

11 0,716.70 $ _ _..;.10:;.;7...!,;8,;.::5=.2':.:;5.=..0

1,065.94 $


-
111,782.64 $ ==";,,11=5;,;.,1;,,;1,;,9.=3,;,,,7

- 27-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
FIDUCIARY FUND TYPE - EXPENDABLE TRUST FUNDS YEAR ENDED JUNE 30, 2000

REVENUES
Other Funds
EXPENDITURES
Current Instruction Other Support Services Total Expenditures
Excess of Revenues over (under) Expenditures
FUND BALANCE JULY 1
FUND BALANCE JUNE 30

BEN KARSH SCHOLARSHIP
FUND

PARKER POE FOUNDATION
FUND

$

1,582.77 $

1:.,:0:.l,0;;:'.;::,0.::.:0.~oo::...

$

450.00 $ _ _---=:9~5,::.=8.::.;9.:.;:,60::..

$

450.00 $ _ _---=:9~5,::.=8.::.;9.:.;:,60::.

$

1,132.77 $

410.40

11,101.78

7,041.61

$

12,234.55 $ ====::.7:l:,4;,;;;5,;;;2.~01,;..


See notes to the general purpose financial statements.
- 28-

EXHIBIT "J"



WILLIAMS FAMILY
FOUNDATION FUND

TOTALS YEAR ENDED

JUNE 30, 2000

JUNE 30, 1999

$

2,408.91 $

13,991 .68 $ _ _--.:..:12~,2:..::6:.::::3.:.5:::~. 9



$

2,239.96

$

1,200.00 $ _ _--=-11.:..1:,2:..::3.:.:::9.:.:6:. ~0

10,206.57

$

1,200.00 $

11 ,239.60 $ _ _---.:..:12::..,4.:...4.:.:::6.:.:5:,~3

$

1,208.91 $

2,752.08 $

-182.94

0.00

18,143.39

18,326.33

$

1,208.91 $

20,895.47 $ ===1=8;.:,,'1=4=3.~39=

- 29-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
FIDUCIARY FUND TYPE - AGENCY FUNDS
YEAR ENDED JUNE 30, 2000

EXHIBIT "K"

SOCIAL SERVICES ASSETS
Cash and Cash Equivalents
LIABILITIES Funds Held for Others
SPECIAL FUND ASSETS
Cash and Cash Equivalents
LIABILITIES Funds Held for Others
TOTALS-AGENCY FUNDS ASSETS
Cash and Cash Eql;livalents
LIABILITIES Funds Held for Others

BALANCE
JULY 1, 1999

ADDITIONS

DEDUCTIONS

BALANCE
JUNE 30, 2000

$

1,387.48 $ 1,750.00 $

2,195.91 $====9=4=1=:.5==7

$

1,387.48 $ 1,750.00 $

2,195.91 $

941.57

=========

$ 5,879.39 $ 3,572.00 $

9,327.02 $===1,;,;;2=4,;,;;.3=7

$ 5,879.39 $ 3,572.00 $


9,327.02 $ ===1=2=4=.3=7

-
$ 7,266.87 $ 5,322.00 $

11,522.93 $ ===1;.r.;,O=6=5,;,;;.9==4

$

7,266.87 $ 5,322.00 $

11,522.93 $ ===1;.r.;,O=6=5,;,;;.9==4

See notes to the general purpose financial statements.
- 30-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS YEAR ENDED JUNE 30, 2000

SCHEDULE" 1"

FUNDING AGENCY PROGRAM/GRANT

CFDA NUMBER

PASSTHROUGH
ENTITY ID
NUMBER

FEDERAL REVENUE IN PERIOD

EXPENDITURES IN PERIOD

Agriculture, U. S. Department of Child Nutrition Cluster Pass-Through From Georgia Department of Education Food and Nutrition Program Food Services School Breakfast Program National School Lunch Program

Total Child Nutrition Cluster



10.553 10.555

N/A

$ 259,963.60

(2)

N/A

748,418.68 $ 1,648,662.08 (3).

$ 1,008,382.28 $ 1,648,662.08

Other Programs

Pass-Through From Georgia Department of Education

Food and Nutrition Program

Food Distribution Program (1)

10.550

N/A

79,528.57

79,528.57

Total U. S. Department of Agriculture

$ 1,087,910.85 $ 1,728,190.65

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 Preschool Capacity Building Improvement
Total Special Education Cluster

84.027 84.173 84.173


N/A $ 220,517.46 $

N/A

. 36,736.53

N/A

8,944.56

$ 266,198.55 $

220,517.46 36,736.53 8,944.56
266,198.55

Other Programs

Pass-Through From Georgia Department of EduCl!.tion

Elementary and Secondary Education Act

Title I



Grants to Local Educational Agencies

84.010

Title II

Eisenhower Professional Development

84.281

Title III

Technology Literacy Challenge Fund Grants

84.318

Title VI

Innovative Education Program Strategies

84.298

Class Size Reduction

84.340

Goals 2000

State and Local Education Systemic Improvement

Grants

84.276

Vocational Education - Basic Grants to States

High School Program

Basic Grant

84.048

Pass-Through From Georgia Department of Human

Resources

Safe and Drug-Free Schools

84.186

N/A NlA NlA N/A N/A
NlA
NlA
N/A

1,066,212.95 43,686.84 7,928.79 33,038.00 139,104.00
174,559.26
53,918.00
15,636.00

1,066,212.95 43,686.84 7,928.79 33,038.00 139,104.00
174,559.26
53,918.00
15,636.00

Total U. S. Department of Education

$ 1,800,282.39 $ 1,800,282.39

- 31 -

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS YEAR ENDED JUNE 30, 2000

SCHEDULE "1"

FUNDING AGENCY PROGRAM/GRANT
Labor, U. S. Department of Pass-Through From Georgia Department of Labor Job Training Partnership Act 98-B-95
Defense, U. S. Department of Direct Department of the Air Force R.O.T.C. Program

CFDA NUMBER

PASSTHROUGH
ENTITY 10
NUMBER

FEDERAL REVENUE IN PERIOD

EXPENDITURES IN PERIOD

17.250

N/A

$ 40,426.79 $

4.:..:0:.!-,4.:..::2~6:.7:..:::,.9

$ 35,159.06 $

69,903.07 (3)

Total Federal Financial Assistance N/A = Not Available

$ 2,963,779.09 $ .-.,.;3;;,:;,6;;;;:3~8,~80:.:;2~9. ~0


Notes to the Schedule of Exgenditures 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 School Breakfast Program were not maintained separately and are induded in the 2000 National School Lunch Program.
(3) Expenditures for this program indude State, and/or Other Funds. Expenditures are not maintained by fund source.

Major Programs are identified by an asterisk (0) in front of the CFDA number.

The Board did not provide Federal Assistance to any Subrecipient.

The accompanying schedule of expenditures of Federal awards induaes the Federal grant activity of the

City of Thomasville 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 finandal statements.

,

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY SCHEDULE OF STATE REVENUE YEAR ENDED JUNE 30, 2000

SCHEDULE "2"

AGENCY/FUNDING
GRANTS 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 Middle School Incentive Program Special Instructional Assistance In-School Suspension Counselors Grades 4 and 5 Technology Specialist Local Five Mill Share Educational Equalization Funding Grant Food Services Vocational Education Other State Programs Alternative Program Apprenticeship Program At-Risk Summer School Program Environmental Science Program Health Insurance Innovative Programs Mentoring Program Preschool Handicapped Program Remedial Summer School Program Teachers' Retirement Lottery Programs Assistive Technology Computers in the Classroom
Georgia Department of Community Affairs Georgia Challenge Program Governor's Emergency Funds (1)
Office of School Readiness Pre-Kindergarten Program
Office of Treasury and Fiscal Services Public School Employees Retirement

CONTRACT Education, Georgia Department of Reading First Grant

GOVERNMENTAL FUND TYPES

SPECIAL

CAPITAL

3ENERAL

REVENUE PROJECTS

FUND

FUND

FUND

TOTAL

$ 7,424,903.00
1,846,628.00 369,337.00 322,453.00 89,440.00
2,037,786.00

34,598.00 3,837.00
258,870.00 187,210.00
70,073.00 30,101.00 57,685.00 -1,708,983.00 869,088.00
30,000.00

$ 104,330.00

86,275.00 35,000.00 17,040.42
750.00 238,957.39
5,000.00 4,890.06 46,577.00 4,934.73 25,802.82

16,692.07 74,705.00

$ 7,424,903.00
1,846,628.00 369,337.00 322,453.00 89,440.00
2,037,786.00
34,598.00 3,837.00
258,870.00 187,210.00
70,073.00 30,101.00 57,685.00 -1,708,983.00 869,088.00 104,330.00 30,000.00
86,275.00 35,000.00 17,040.42
750.00 238,957.39
5,000.00 4,890.06 46,577.00 4,934.73 25,802.82
16,692.07 74,705.00

25,000.00

$ 18,750.00



802,646.91

25,000.00 18,750.00
802,646.91

40,013.00

40,013.00

85,536.00

85,536.00

$ 12,538,802.42 $ 998,373.98 $ 18,750.00 $ 13,555,926.40
(1) The purpose of these funds are for improvements for the Thomasville City School's track. See notes to the general purpose financial statements.
- 33-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY ANALYSIS OF MINIMUM EXPENDITURE REQUIREMENTS - OVERALL
GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS YEAR ENDED JUNE 30, 2000

SCHEDULE "3"

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

$

9,963.321.00 $ _ _-.=;28::.;:5;].;7,.=2;=..9:..O:::,~O

$

10,566,715.22

769,384,36 $ _ _--=....:70::;..;46~:,..::8.:::.0,:::2.:-7

$

11,336,099,58

-114,173.85
$ _ _1.:-1:..:;.2=2:....:1..!9.:,:;:2.::.;5,:.:.7.=..3

$

0.00 $ =======0,=0=0

-




See notes to the general purpose financial statements, - 35 -

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY ANALYSIS OF MINIMUM EXPENDITURE REQUIREMENTS - BY PROGRAM
GENERAL FUND - QUALITY BASIC EDUCATION PROGRAMS YEAR ENDED JUNE 30, 2000

GENERAL AND CAREER EDUCATION PROGRAMS
Kindergarten (*)
Grades 1 - 3 (*)
Sub-Total - K-3
Grades 4 - 5 (0)
Grades 6 - 8 (0) Grades 9 - 12 (0) High School Laboratories (0)
Vocational Education Laboratories (0) Total General and Career Education Programs
SPECIAL EDUCATION PROGRAMS
Regular Programs Category I (0) Category II (0) Category III (0) Category IV (0) Category V (0)
Sub-Total Regular Category VI (Gifted) (0)
Total Special Education Programs
REMEDIAL EDUCATION PROGRAM Ll
Total Fourteen Weighted Programs
MEDIA CENTER PROGRAMS
Salaries Operations
Total Media Center Programs

ALLOTMENTS FROM GEORGIA DEPARTMENT OF

REQUIRED

ORIGINAL

%

ORIGINAL

MID-TERM

$

845,294.00

$

760,764.60 $

-55,895.40

2,124,333.00

1,911,899.70

-51,680.60

$ 2,969,627.00 90 $ 2,672,664.30 $

-107,576.00

897,642.00 90

807,877.80

69,582.00

1,540,880.00 90

1,386,792.00

1,049,156.00 90

944,240.40

642,391.00 90

578,151.90

325,207.00 90

292,686.30

2,953.00

$ 7,424,903.00

$ 6,682,412.70 $ _ _--=35::.l,.=..04:..;1.:.::.o.=..o

$ 1,731,177.00

$ 1,558,059.30 $

14,194.00

$ 1,731,177.00 90 $ 1,558,059.30 $

14,194.00

115,451.00 90

103,905.90

1,160.00

$ 1,846,628.00

$ 1,661,965.20 $ _ _..:.15;:,.:.,3;:.;:54:.,;.;.;:'0.=.0

$

369,337.00 90 $

332,403.30 $ _ _...:.19;:,.:.,6,;;.;8;.;..7,;.;:;.0",-0

$ 9,640,868.00

$ 8,676,781.20 $

--=O~.O;;:..O

$

259,261.00 90 $

233,334.90 $

63,192.00 100

63,192.00

$

322,453.00

$

296,526.90 $

0.00
---=O;;,::.O~O

Total Fourteen Weighted and Media Center Programs $ 9,963,321.00

$ 8,973,308.10 $ = =.....-0;0..0...0..

STAFF DEVELOPMENT PROGRAMS Cost of Instruction Professional Development
Total Staff Development Programs (0) Identifies Fourteen Weighted Programs. See notes to the general purpose financial statements.

$

29,012.00

$

29,012.00 $

0.00

60,428.00

60,428.00

$

89,440.00 100 $

89,440.00 $======0..0..=0

- 36 -

SCHEDULE "4"

EDUCATION TOTAL
REQUIRED

ACTUAL EXPENDITURES

SALARIES

OPERATIONS

TOTAL

AMOUNT OF UNDEREXPENDITURE
FOR REQUIRED ALLOTMENT

$

704,869.20 $

1,860,219.10

$ 2,565,088.30 $

877,459.80

1,386,792.00

944,240.40

578,151.90

295,639.30

$ 6,647,371.70 $

561,250.47 $
1,789,255.34
2,350,505.81 $
933,816.45 1,752,751.71 1,146,883.71
994,288.01 505,317.20
7,683,562.89 $

17,602.46 $
147,272.63
164,875.09 $
85.446.11 92,055.27 220,334.34 47,104.74 37,989.41
647,804.96 $

578,852.93 1,936,527.97
2,515,380.90 $
1,019,262.56 1,844,806.98 1,367,218.05 1,041,392.75
543,306.61 8,331,367.85

49,707.40 0.00 0.00 0.00 0.00 0.00

$ 1,572,253.30 $

$
418,193.87 1,077,009.30
451,559.68 15,073.52

$ 1.572.253.30 $

1,961.836.37 $

105,065.90

134,478.81

$ 1,677,319.20 $

2,096,315.18 $

$

352,090.30 $

414,914.39 $

$ 8,676,781.20 $ 10.194,792.46$

73.55 $
11,892.29 31,058.11
2,387.47

73.55 430,086.16 1,108,067.41 453,947.15
15,073.52

45,411.42 $
6,629.04

2.007.247.79

141,107.85

52,040.46 $ 2,148,355.64

4 ,8~ .85 $ _~._4.;.;1""9,,,,,,74..;.;9;.:.:.2::..;.4

704,680.27 $ 10,899,472.73

$

233.334.90 $

63,192.00

$

296,526.90 $

371,922.76

$

$ _ _...;:64""'."-704:....;.;.:.0=9

371.922.76 64.704.09

371,922.76 $

64.704.09 $ _ _4:.::3:::J6.~62::;:6:.:.:.8::::.5

0.00 0.00
0.00

0.00 0.00

$ 8,973,308.10 $ 10.566,715.22 $

769,384.36 $ 11.336,099.58 $=======4=9,.7.0.=7...4...0..

$

29.012.00

60,428.00

$ ===8=9,.4..4..0...0...0..

$

72,046.21 $'

72,046.21

17,975.28

17;975.28



$

90.021.49 $

90,021.49 $=======,0=.0..0...

37




SECTIONll COMPLIANCE AND INTERNAL CONTROL REPORTS


RUSSELL W. HINTON
STATE AUDITOR
(404) 6562174

DEPARTMENT OF AUDITS AND ACCOUNTS
254 Washington Street, S.w., Suite 214 Atlanta, Georgia 30334-8400
June 7, 2001

Honorable Roy E. Barnes, Governor Members ofthe General Assembly Members of the State Board of Education
and Superintendent and Members ofthe City of Thomasville 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 City of Thomasville Board of Education as of and for the year ended June 30, 2000, and have issued our report thereon dated June 7, 2001. 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 auditing standards generally accepted in the United States of America and the stan.dards applicable to financial audits contained in Government Auditing Standards, issued by the

Comptroller General of the United States.
Compliance
As part ofobtaining reasonable assurance about whether City ofThomasville Board ofEducation's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions oflaws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determination offinancial 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. The results ofourtests disclosed no instances ofnoncompliance that are required to be reported under Government Auditing Standards.
Internal Control Over Financial Reporting
In planning and performing our audit, we considered City of Thomasville 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
2000YB-40A

control over financial reporting. However, we noted a certain matter involving the internal control

over financial reporting and its 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 ofthe internal control over financial reporting that, in ourjudgment, could adversely affect

City ofThomasville Board ofEducation's ability to record, process, summarize and report financial

data consistent with assertions ofmanagement in the financial statements. The reportable condition

is described in the accompanying Schedule ofFindings and Questioned Costs as item FS-7891-00-

02.



A material weakness is a condition in which the design or operation ofone or more ofthe 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 of performing their assigned functions. Our consideration ofthe 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, we consider the item described above to be a material weakness.

This report is intended solely for the information and use of management, members ofthe City of Thomasville 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.

Res ectfully submitted,


RWH:gp
2000YB-40A

ssell 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
June 7, 2001

Honorable Roy E. Barnes, Governor Members of the General Assembly Members of the State Board of Education

and Superintendent and Members of the City of Thomasville Board of Education
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULARA-133
Ladies and Gentlemen:
Compliance
We have audited the compliance of City of Thomasville Board of Education with the types of
u.s. compliance requirements described in the Office ofManagement and Budget (OMB) Circular
A-I33 Compliance Supplement that are applicable to its major Federal program for the year ended June 30, 2000. City ofThomasville Board ofEducation's major Federal program is identified in the accompanying Schedule ofFindings and Questioned Costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to its major Federal program is the responsibility of City of Thomasville Board ofEducation's management. Our responsibility is to express an opinion on City of Tho.masville Board of Education's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General ofthe United States; and OMB Circular A133, Audits of States, 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 ofcompliance 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 City ofThomasville Board ofEducation'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 City of Thomasville Board of Education's compliance with those requirements.
2000SA-lOA

In our opinion, the City of Thomasville Board of Education complied, in all material respects, with the requirements referred to above that are applicable to its major Federal program for the year ended June 30, 2000.
Internal Control Over Compliance
The management of City of Thomasville 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 City of Thomasville 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-B3.
Our consideration ofthe 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 ofone or more ofthe internal control components does not reduce to a relatively low level of risk 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 ofperforming 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 of management, members of the City of Thomasville 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.
RespecJfully submitted,

RWH:gp 2000SA-IOA

R ssell W. Hinton



State Auditor

SECTION ill AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS

-

CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY AUDITEE'S RESPONSE
SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2000

PRIOR YEAR FINANCIAL STATEMENT FINDINGS AND QUESTIONED COSTS

FINDING CONTROL NUMBER AND STATUS

FS-789l-98-01 FS-789l-99-0l FS-789l-99-02

Further Action Not Warranted Previously Reported Corrective Action Implemented Unresolved - See Corrective Action/Responses

CORRECTIVE ACTIONIRESPONSES

GENERAL FIXED ASSETS
Failure to Maintain General Fixed Assets Account Group
Finding Control Number: FS-789l-99-02

The local board will continue to study the feasibility of establishing and maintaining a general fixed assets account group within the accounting records.


-




-


SECTION IV FINDINGS AND QUESTIONED COSTS






CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2000

I SUMMARY OF AUDITOR'S RESULTS

1. TYPe of Report Issued on the Financial Statements The auditor's opinion on the City ofThomasville Board ofEducation'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 City of Thomasville 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 of the City of Thomasville Board of Education disclosed no instances of noncompliance that were deemed to be material to the financial statements.

4. Reportable Conditions in Internal Control Over Maior Programs The audit report for the City of Thomasville Board of Education did not disclose any reportable conditions in internal control over major programs.

5. TYPe of Report Issued on Compliance for Major Programs
The auditor's opinion on the City ofThomasville Board ofEducation's report on compliance with requirements applicable to major programs was unqualified.

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6. Audit Findings Required to be Reported by Section .5 Will) of OMB Circular A-133 The City ofThomasville 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:

.

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 City of Thomasville Board of Education was audited as a low risk auditee based on a waiver granted by the U. S. Department of Education.

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CITY OF THOMASVILLE BOARD OF EDUCATION - THOMAS COUNTY SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2000
II FINANCIAL STATEMENT FINDINGS AND QUESTIONED COSTS
EXPENDITURESILIABILITIESIDISBURSEMENTS Failure to Meet Expenditure Requirements Nonmaterial Noncompliance Amount: $49,707.40 Finding Control Number: FS-7891-00-01
The City ofThomasville Board ofEducation reported to the Georgia Department ofEducation on the DE form 0420 underexpenditures of Quality Basic Education (QBE) funds of $49,707.40 for the Grades K-3 Program. This underexpenditure occurred because the Board expended less than the minimum expenditure requirement for this QBE Program. These funds should be returned to the Office of Treasury and Fiscal Services.
GENERAL FIXED ASSETS Failure to Maintain General Fixed Assets Account Group Reportable Condition - Material Weakness Repeated From Prior Year Finding Control Number: FS-7891-00-02
The City ofThomasville Board ofEducation did not maintain a system-wide General Fixed Assets Account Group within the formal accounting records as required by generally accepted accounting principles. This condition results in the general purpose financial statements of the Board being incomplete and not in accordance with generally accepted accounting principles. Appropriate action should be taken by the Board to establish accounting controls and procedures to provide for maintenance ofa General Fixed Assets Account Group. These subsidiary records should include an inventory 0 f land, buildings and equipment owned by the Board and should include, but may not be limited to, date acquired, acquisition cost, estimated replacement cost, location and description. Detailed records should be maintained of all additions and deletions to the General Fixed Assets Account Group.
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ill FEDERAL AWARD FINDINGS AND QUESTIONED COSTS
No matters were reported.
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