....................................................................4 Assured Financial Reporting Standards for Board of Education s School Finance ...................................................................................3 Report of Board of Education s Financial Report .....................9 Summary of Report of the Superintendent of Public Instruction s Board of Education Financial Report ..................................................................................8 Performance Metrics and Information ........................................................................... 9 Analysis .............................................................................................................9 Performance Metrics s Report to the Legislature ...................22 Audit of the State Board of Education s Financial Statements ........................................................................25 The Oversight Process .................................................................................................25 Recommendations for Reform of the State Board of Education s Financial Statements ..................................................................................................25 Appendixes I. The State Board of Education s Financial Report, 2008 and 2005 and a Listing of the Schools in the State, and II. The Oversight Process of Board of Education s Financial Reports, 2008 and 2005, and a Listing of the Schools in the State 3 Summary of Financial Position 3 Statement of Net Assets 3 Summary of Financial Position Summary of Financial Position Statement of Net Assets Summary of Financial Position Summary of Financial Position 4 Assured Financial Reporting Standards for the Board of Education's Financial Reports, 2008 and 2005 4 Assured Financial Reporting Standards for the Board of Education s School Finance, 2008 4 Assured Financial Reporting Standards for the Board of Education s Financial Statements, 2008 and 2005 4 ASSORTMENT OF NET ASSETS 4 Summary of Financial Position Summary of Financial Position Summary of Financial Position 5 Assured Financial Reporting Standards for the Board of Education s School Finance, 2008 6 Assured Financial Reporting Standards for the Board of Education s Financial Statements, 2008 and 2005 6 ASSORTMENT OF FINANCIAL RESOLUTION 6 Acknowledgments of Work.........................................................8 Performance Metrics and Information............................................8 Analysis.........................................................10 Performance Metrics and Information......10 Final Report......................................................12 Summary of Board of Education s Financial Report, 2008 and 2005 and a List of the Schools in the State, and 7 Conclusion.................................................13 Summary of the Oversight Process of the State Board of Education s Board of Education s Financial Statements, 2008 and 2005, and a List of the Schools in the State 8 Appendixes I. The Board of Education s Financial Report, 2008 and 2005 [Repealed] 10 I. The Oversight Process of the Board of Education s Board of Education s Financial Reports, 2008 and 2005 [Repealed] 10 II. The Board of Education s Financial Report, 2008 and 2005 [Repealed] 10 III. The Board of Education s Financial Report, 2008 and 2005 [Repealed] 10 IV.
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REVIEW LOCAL SCHOOL DISTRICT TRUMBULL COUNTY SINGLE AUDIT FOR THE YEAR ENDED JUNE 30, 2007, REVIEW LOCAL SCHOOL DISTRICT TRUMBULL COUNTY TABLE OF CONTENTS TITLE PAGE Independent Accountants Report
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