Sacramento County Grand Jury
• 2002-2003
• Agency Response
Florin County Water District*
⚠️ Aviso de traducción: Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
⚠️ Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
Findings and Recommendations 2 findings
F1
response: Elected district directors have varied backgrounds, which may not include financial or accounting training. The Florin County Water District relies on monthly financial reports provided by the District staff, which includes the listing of disbursements to be approved by the Board and any transfers of cash to or from the District's local agency investment fund, as well as the audit reports to ensure that the District operation is fiscally sound.
No recommendations for this finding
F2
response: Noted. The District's board members do not have credit cards, and travel reimbursements for the board are rare. The District's auditors in prior audits or during the current audit have noted no abuses of travel, such as those noted in the finding.
Related Recommendations (1)
R2
response: Water districts are not subject to rules of the RIS code that govern income recognition. Water districts, since they are government entities, are subject to the basis of accounting prescribed by the Government Accounting Standards Board, and the District's auditor reports based on these standards. The auditor verifies that the District Board approved not only payments to management, but all cash disbursements tested during the audit, and that the District maintains financial records for a minimum of five years, depending on the type of records.
* This report's PDF did not contain easily extractable text and required Optical Character Recognition (OCR) for analysis. There may be minor errors in the extracted findings and recommendations due to OCR limitations with scanned documents.