Express 08-04-15 Blocker on the state audit

April 15, 2008 April 15, 2008 E-News from Orange County Public Schools Superintendent Blocker shares his opinion Superintendent Ronald Blocker submitted an opinion article to the Orlando Sentinel today in response to a March 11 Orlando Sentinel story about a recently released state audit for fiscal year ending June 30, 2007. Here is his text: Efficiency torpedoed by state audit Fitch assigns OCPS an ‘A+’ rating The Orlando Sentinel reported Friday on a routine audit by the state. The audit cited and the Sentinel Fitch Ratings assigned an ‘A+’ rating summarized several of the 20 findings. To some readers, they will see our glass as half empty (or worse); on OCPS’ approximately $105 and to those familiar with the audit and school business, they will see the glass (at least) half full. I would million variable rate certificates of like to tell you the water in our glass is clear; and so is my intention to ensure our building program is participation (COPs) 2008B series. meeting the promise I made to voters in 2002 that we would be good stewards of tax dollars and provide The ‘A+’ rating is based on the better schools for children. district’s “sound financial management and reserve levels and First let me reiterate two points made in the article: (1) we are a large organization, with an annual $1.5 a diversifying local economy.” (April billion general fund budget and $1.6 billion capital project fund budget; and (2) there are occasional 3, 2008, ...