Colchester, Connecticut

Copy of 3434 Periodic Audit

Board of Education Regular Meeting 6:00 PM

← Document Library

audit FY 2024-25 BoardDocs (BOE meetings) 2024-12-10

Machine-extracted text of a publicly posted document, provided for reference and search. The original document at the link above is authoritative.

Book                       Policy Manual

Section                    3000 - Business & Non-Instructional Operations

Title                      Periodic Audit

Code                       3434

Status                     Active

Adopted                    February 13, 2001




                                                     PERIODIC AUDIT



An audit of all accounts of the school district shall be provided for by the municipality in conjunction with the audit of the
municipality's accounts and shall be made annually by an independent public accountant selected by the Board of Education
on recommendation of the Superintendent and approved by the Secretary of the Office of Policy and Management.

The audit shall include all funds of the school district including the student body and cafeteria funds and accounts, and any
other funds under the control or jurisdiction of the Board of Education, pursuant to a joint powers agreement. The audit
shall identify all expenditures by source of funds and shall contain (1) a statement that the audit was conducted pursuant
to standards and procedures approved by the State of Connecticut and (2) a summary of audit exceptions and
management recommendations.

The annual audit shall be placed on the agenda of the Board of Education at a regularly scheduled public meeting and shall
be reviewed by the Board of Education.


Legal                       Conn. Gen. Stat. §7-392 Making of audits and filing of statements.

                            Conn. Gen. Stat. §7-393 Working papers of accountant; preservation for inspection.
                            Conn. Gen. Stat. §10-260a Auditing of state grants for public education. Review of
                            procedures manual.



Policy committee recommends removal due to redundancy with CT General Statues.