District's Financial Operations Receives
Outstanding Results in State Audit
The district
has achieved stellar financial status for six years in a row
August 14, 2006—The
Renton School District was recently recognized for good business
practices and using taxpayer dollars responsibly. The acknowledgements
came when state auditors reported that after a months-long
financial accountability review, the district was found to
be good stewards of public resources.
For nearly one full school year, members
of the state auditor’s
office examined critical areas of the school district’s
financial activities including accountability of public resources,
legal compliance, cash and investment management, long-term
debt and more. Every school and each department was involved
in the thorough analysis of everything from accounting of ticket
sales for sporting events to proper letting of contracts to
compliance with state and federal laws.
The news of the school district’s
successful audit is well-received, coming as recent news
reports show an ever-increasing number of large and small
businesses currently under scrutiny for financial discrepancies
and inappropriateness.
“We hold ourselves to a high
standard of ethics and accountability,” said
Rich Moore, the district’s assistant superintendent for
business. “We manage public funds in a highly responsible
manner because we are also taxpayers, parents and community members.”
Superintendent Mary Alice Heuschel pointed
to the countless number of federal, state and local regulations
that govern a school district’s business practices and praised the
work of staff members in the district’s business office,
in schools and other departments involved in the audit.
“We do this part of running a district well,” said
Dr. Heuschel, “so our teachers can concentrate on education.”