Lake Forest School District Local Funds Performance Audit FY23

… estate in the district. key information and findings BACKGROUND report SUMMARY for fiscal year ended june 30, 2023 lake forest school districtlocal funds performance audit P e r f o r m a n c e a u d i t t e s t i n g o f t h e r a t e - s e t t i n g p r …

… e S t a t e o f D e l a w a r e r e q u i r e m e n t s . K-12 Schools 7 Students Served 3,500 Employees 400 Lake Forest School District Quick Facts S t a t e / F e d e r a l 8 2 % L o c a l F u n d s 1 8 % The District allocates the local property ta …

… f o r e s t s c h o o l d i s t r i c t l o c a l f u n d s p e r f o r m a n c e a u d i t LAKE FOREST SCHOOL DISTRICT LOCAL FUNDS PERFORMANCE AUDIT AND INDEPENDENT AUDITOR’S REPORT JUNE 30, 2023 LAKE FOREST SCHOOL …

… EST SCHOOL DISTRICT LOCAL FUNDS PERFORMANCE AUDIT AND INDEPENDENT AUDITOR’S REPORT JUNE 30, 2023 LAKE FOREST SCHOOL DISTRICT TABLE OF CONTENTS JUNE 30, 2023 Pa ge No. Independent Auditor’s Report 1 Performance Audi …

… 1 Independent Auditor’s Report Steven V. Lucas, Ed.D. Superintendent Lake Forest School District 5423 Killens Pond Road Felton, Delaware 19943 Dear Dr. Lucas: We are pleased to present the attached re …

… Lucas: We are pleased to present the attached report which provides the results of our performance audit of the Lake Forest School District’s Local Funds’ design and operation of in ternal controls and complianc e with applicable State and district regulati …

… , 2023. The Office of Auditor of Accounts engaged Belfint, Lyons & Shuman, P.A. to conduct a Performance Audit of the Lake Forest School District’s Local Funds under OAOA Contract Number 22-CPA01_SDLOCALFUNDS. The Office of Auditor of Accounts is authorized …

… ed under 29 Del. C., §2906(f) to perform post-audits of local school district tax funds’ budget and expenditures. The Lake Forest School District’s management is responsible for the design and operation of internal controls over Local Fu nds and compliance with t …