audit report 2007

Kirby School District No. 32 Pike County, Arkansas Regulatory Basis Financial Statements And Other Reports June 30, 2007 LEGISLATIVE JOINT AUDITING COMMITTEE ±±±±±± KIRBY SCHOOL DISTRICT NO. 32 PIKE COUNTY, ARKANSAS TABLE OF CONTENTS JUNE 30, 2007 Independent Auditor's Report Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards REGULATORY BASIS FINANCIAL STATEMENTS Exhibit Balance Sheet Regulatory Basis A Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds Regulatory Basis B Statement of Revenues, Expenditures and Changes in Fund Balances Budget and Actual General and Special Revenue Funds Regulatory Basis C Notes to Financial Statements SUPPLEMENTARY INFORMATION Schedule Schedule of Capital Assets (Unaudited) 1 DOFWLDVWWPUDLFUWUWKKDWVFQLRLWWSJUVHLVLHWQHWHHDGVODLQPQDIQVDVJEH\PRHDQXWH¶V¶FGULVV''HVWQ INDEPENDENT AUDITOR'S REPORT Kirby School District No. 32 and School Board Members Legislative Joint Auditing Committee We have audited the accompanying financial statements of each major governmental fund and the aggregate remaining fund information of the Kirby ...