For the 17th consecutive year, the Beaufort County School District has earned an exemplary financial review from outside auditors.
Charleston-based auditing firm Elliott Davis Decosimo told the Board of Education on Tuesday that its four-person team found no weaknesses or deficiencies in the school district’s internal financial controls during the 2015-16 fiscal year and no findings of noncompliance with state or federal laws.
South Carolina state law requires all school districts to have their finances reviewed and analyzed each year by outside auditors. In late September and early October, Elliott Davis Decosimo’s four-person team did a two-week on-site review of the school district’s FY 2015-16 finances.
“A clean audit is a signal to parents and community members that their tax dollars are in good hands, and 17 straight years of clean audits makes a very strong statement,” said superintendent Jeff Moss. “Our ongoing challenge is to have this kind of outstanding financial report every year.”