Summary

Our operational audit for the fiscal year ended June 30, 2007, disclosed the following:

Finding No. 1:    Contrary to law, some College Board members and the Interim College President had not timely filed annual statements of financial interests with the local supervisor of elections by July 1 each year.

Finding No. 2:    An annual physical inventory of College-owned tangible personal property was not completed for the 2005-06 and the 2006-07 fiscal years.  In addition, our review disclosed a missing property item, untagged property items, and deficiencies in the property records.

Finding No. 3:    The Board of Trustees had not adopted a policy documenting the rationale and justification for assessing laboratory or special course fees.  Also, the College did not retain documentation evidencing unusual costs that necessitated the fees and demonstrating that such fees did not exceed the unusual costs, and had not timely reevaluated the appropriateness of some of these fees.

Finding No. 4:    College personnel did not periodically compare each procurement card’s usage to credit limits, and procurement card accounts for terminated employees were not always timely closed.

Finding No. 5:    Contrary to Section 1013.23(4), Florida Statutes, the College did not renew energy performance-based agreements that included requirements for a reconciliation of actual to guaranteed energy cost savings.

Finding No. 6:    The College paid wireless E911 fees related to cellular telephone services for the 2006-07 fiscal year for which it was exempt. 

The College's response is included as Appendix B of this report.