AGENCY: Board of Education. Office of Education. School Finance Section
SERIES: 11328
TITLE: Audit reports
DATES: 1970-
ARRANGEMENT: Alphabetical by school district
DESCRIPTION: This series consists of several audit reports maintained by School Finance: the Financial Audit Report, aka Comprehensive Annual Financial Report (CAFR), which includes audited financial statements, financial statements, reviewed financial statements or State Auditor's form (UCA 53A-3-404, 51-2a-201, 203, R277-484-3(k)); the MSP Selections Report, which is prepared by the Local Education Agency (LEA) external auditors identifying what programs within the Minimum School Program were audited; the Single Audit Report, which is required for certain LEAs whose federal revenues and/or expenditures exceed a certain level; as well as Student Membership and Fall Enrollment and Transfer Student Audit Reports, which are prepared by the LEA's external auditors identifying compliance with pupil accounting rules in reporting student membership, fall enrollment and transfer students in the clearinghouse submission (UCA 53A-191-101, R277-484-3(F)(1),
RETENTION
Permanent. Retain for 5 year(s)
DISPOSITION
Transfer to Archives.
RETENTION AND DISPOSITION AUTHORIZATION
These records are in Archives' permanent custody.
AUTHORIZED: 11/15/2019
FORMAT MANAGEMENT
Paper: Retain in Office for 5 years and then microfilm and destroy provided microfilm has passed inspection.
Microfilm master: Retain in State Archives permanently.
Microfilm duplicate: Retain in Office permanently.
APPRAISAL
Administrative Fiscal Historical
Audit reports may be used during the next audit cycle to monitor compliance with internal control program recommendations. They document agency functions and have research value.
PRIMARY DESIGNATION
Public