School board calls special meeting

May. 26, 2014 @ 05:43 PM

As the school year ends for Vance County, financial audits begin.

The Vance County Board of Education called a meeting for Wednesday to establish a contract with auditing firm Winston, Williams, Creech, Evans & Company of Oxford to perform the annual audit for the 2013-2014 school year.

“We have been with them a long time and have asked them to expand their reports in the last years, so we are getting a more extensive report then what we have been getting in the past,” Superintendent Ronald Gregory said.

Once the board approves the contract, the auditing firm will spend about a week rummaging through Vance County Schools’ financial statements analyzing school funds and how they are used. A representative from the firm will bring the 2013-2014 findings back to the board at the beginning on 2015.

“Their looking to see that funds are properly dispersed,” Gregory said. “It gets pretty interesting when you read the reports. Sometimes you find something, and sometimes you don’t.”

In the past few years, Vance County Schools has had positive financial audits, with an increased amount of funding going to instructional programs and support services.

After presenting a 2011-2012 audit report, audit partner Jim Winston said Vance County Schools maintained a steady fund balance and was headed in the right direction for the coming years.

“That group is pretty good, they come in and tell you what’s what,” Gregory said.

Also during the meeting the board will break into executive session to hash out personnel recommendations for the 2014-2015 school year, and then continue regular session to vote on those recommendations.

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