|Pattonville earns good report after annual finance audit|
|Wednesday, February 15, 2017|
The Pattonville School District received another clean bill of health in its annual audit by an independent auditing firm, Schowalter and Jabouri, according to a report given to the Board of Education on Feb. 14.
The district received an “unmodified report," which is the best a district can receive, said Ron Orr, chief financial officer. This means the district is fairly presenting its financial statements and maintaining good internal controls over district finances.
Pattonville works with a district-level audit committee to complete the auditing review with the outside firm. The committee consists of two members of the Board of Education, as well as one other community member who is knowledgeable about the district’s operations, finances, policies and procedures. The committee is empowered by the Board of Education to review all district practices, policies and procedures and to create a rigorous system of internal control to protect the district, its assets and its people. The committee works with Orr, who meets with external auditors and reports at least once a year to the Board of Education to discuss its findings and recommendations.