Purpose of Audit

The purpose of our audit was to review the District’s cash receipt process over ECA funds for the period July 1, 2014 through September 30, 2015.

Background

The East Williston Union Free School District is located in the Town of North Hempstead, Nassau County. The District, which operates three schools with approximately 1,700 students, is governed by an elected five-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $56 million.

Key Findings

• The Central Treasurer did not issue pre-numbered duplicate receipts for all funds placed in her custody.
• Funds are not always deposited in a timely manner.
• Bank deposit slips are usually not prepared by the ECA clubs as required by the District’s written guidelines.

Key Recommendations

• Ensure the Central Treasurer issues pre-numbered receipts to the ECA clubs at the time funds are placed in her custody. The Central Treasurer should sign and date the receipt and provide a copy to the faculty advisor.
• Ensure that all receipts are deposited in a timely manner.
• Ensure that bank deposit slips are prepared by the ECA.