10-082 FY 0910 Annual Audit - Contracts

February 2, 2010 Bulletin No. 10-082 TO: Chief Business Official - K-12 School Districts and ROPs San Bernardino School Districts Subject: 2009-10 Annual Audit ACTION: REQUIRES BOARD ACTION BY APRIL 1, 2010 Attached are copies of the "Notice of Governing Board's Intention to Provide for Audit", and a sample of an "Agreement for Audit." The "Agreement for Audit" is intended to be used as a guide and is not a mandatory format. In this sample, we have indicated with an asterisk (*) the sections which are required per Education Code Sections 41020g(1) and 14505. Please review all new contracts and existing contracts for compliance with these Education Code sections. The Governing Board of each school district is required, per Education Code Section 41020(b), to either provide for an annual audit or arrange with the county superintendent of schools to provide for the annual audit. Districts that elect to make their own audit arrangements must do so no later than the first day in April of each fiscal year. In the event the governing board of a district has not provided for an annual audit by April 1, the county superintendent of schools shall do so by May 1 of that fiscal year. The Notice of Governing Board's Intention to Provide for Audit and one copy of any new Agreement for Audit must be completed and returned to this office on or before April 1, 2010. AB2834 (Chapter 1128/2002) established a ...