Summary

Report Number:	2005-195R
Report Title:	Lake County District School Board - Florida Education Finance Program - Restoration of Audit Adjustments
Report Period:	FYE 06/30/2004
Release Date:	11/05/2009

Pursuant to State Board of Education Rule 6A-1.0453(5), Florida Administrative Code, the Lake County District School Board requested an informal conference with the Department of Education (DOE) to discuss several findings presented in report No. 2005-195.  The informal conference was held on July 23, 2009.  The resulting informal conference panel's memorandum of October 14, 2009, recommended the restoration of the audit adjustments for finding Nos. 115, 117, and 118.  The panel's recommendations were accepted by the Commissioner of Education, as evidenced by letter dated October 19, 2009. 

The FTE audit adjustments restored pursuant to the panel's recommendations totaled to .0000 unweighted FTE, but have a potential impact on weighted FTE of a positive 69.8309 FTE.  The financial impact of the restored audit adjustments is subject to the determination of the Department of Education.

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The Superintendent's written response to the audit findings is included in the audit report.