Sacramento County Grand Jury 2016-17 Final Report

The annual financial audits have not been completed and there are still six years outstanding from FY 2010- 2011 through FY 2015-2016. Response to Finding 2: Based on a strategic planning session on August 9, 2016, the Board prioritized that audits for FY 2010-2011 through FY 2015-2016 are to be completed by the close of the 2018 calendar year. It should be noted that due to the lack of adequate internal accounting controls that plagued the District for many years, as was outlined in the 2013-2014 Grand Jury Report, the forensic accounting of these outstanding financial records has proved time- consuming and labor intensive; thus slowing the intended completion of these audits. While we share in the Grand Jury’s concern that these audits are still outstanding, the District has committed to working with both our Accountant and independent auditors to ensure the audits are done in the most thorough manner possible, even if that takes extra time until their completion. On August 30, 2017, Richardson & Company began the audit for FY 2010-2011 and FY 2011-2012. We expect those to be finalized in October 2017. District staff has begun preparations for the remaining audits of FY 2012-2013 through FY 2015-2016 with a goal to begin those in the Spring of 2018. The completion of these remaining audits will remain a top priority of the District and we will continue to strive to meet our internal completion deadline of December 31, 2018.