Summary
Summary
| Report Number: | 2007-083 |
| Report Title: | North Florida Community College - Operational Audit |
| Report Period: | FYE 06/30/2006 and Selected Actions Prior Thereto |
| Release Date: | 01/23/2007 |
Our operational audit for the fiscal year ended June 30, 2006, and selected actions taken prior thereto, disclosed the following:
Finding No. 1: The College had not established policies and procedures for allocating interest earnings to funds maintaining cash balances in the College’s pooled operating bank accounts.
Finding No. 2: The Green Industries Institute experienced low student enrollments and high costs associated with its operations. Consequently, the College is currently reviewing the cost effectiveness of continuing to operate the Institute.
Finding No. 3: The Board had not adopted formal policies and procedures for telecommuting employees, and the College’s procedures for monitoring telecommuting employees’ work activities needed improvement.
The College’s response is included as Appendix B of this report.