Fannin County School System aces SPLOST audit

Community, News, Rebel's Corner

Blue Ridge, Ga. – An audit of the Fannin County School System’s SPLOST (Special Purpose Local Option Sales Tax) collection and spending has shown that the district is being good stewards of these funds.

Fannin County School Superintendent Dr. Michael Gwatney explained the purposes of the independent audit were a requirement by the state when SPLOST collections exceed $5 million within a county.

SPLOST collections for 2017 totaled approximately $5.1 million and collections for 2018 topped that number bringing in $5.6 million.

Finance Director Susan Holloway explained that the Fannin County School calendar year ran from July 1, 2017 to June 30, 2018, and that collections during this period was the first fiscal school year that the system met the amount requiring an audit.

Georgia code section O.C.G.A.20-2-491 requires public school systems to maintain continuing performance audits for expenditures of sales tax.
Mauldin and Jenkins was selected to carry out the audit for the school system.

“They audit 40 school systems, including more schools in Georgia than any other firm. They also audit 53 counties including more counties in Georgia than any other firm, and they audit 112 cities including more cities in Georgia than any other firm,” Holloway said explaining the reason for choosing Mauldin and Jenkins and added, “We felt they were solid.”

The audit’s purpose was to find out if the Fannin County School System was meeting 3 requirements:

  • 1. Provide a goal that ensures tax funds are spent efficiently and economically, so that the school district receives the maximum benefit from dollars collected.
  • 2. Provide reports not less than once annually to ensure that the terms laid out in item 1 are being met.
  • 3. Provide for periodic public recommendations not less than once annually for improvements in meeting the goal specified in item 1.

Mauldin and Jenkins tested approximately 60 claims. These claims accounted for $1,027,970 or 15.3 percent of total disbursements for the year.
Holloway announced the findings of the audit saying that Mauldin and Jenkins “concluded that the Fannin County School District’s SPLOST is operating in compliance with all laws and regulations, the referendum approved by the county citizens and industry best practices.”

Special recognition was given to Director of Maintenance and Facilities Danny Shinpaugh by the auditing firm for his role in providing the BOE with continuous and thorough updates regarding construction projects relating to school properties.

Having looked into the bidding and decision making processes involved, focusing on the recently constructed Agricultural Center, along with negotiations that had been made, Mauldin and Jenkins also recognized Shinpaugh’s outstanding management in overseeing construction projects.

“It was a very fair process,” Holloway said of the manner in which the audit was performed and gave special credit to her team in the finance department for the hard work and many hours they put in all year: “There’s a lot of times they’re the first ones here and the last ones to leave and they’re willing to dig in.”

“With the Superintendent and the Board’s support I have been able to hand pick these awesome ladies. I appreciate you for that,” Holloway said expressing thanks for all her fellow coworkers.

Dr. Gwatney shared his thoughts on the findings of the SPLOST audit: “It’s comforting to have the reassurance of an external audit to show that these funds that are being collected are being utilized legally, properly, ethically and in the manner that matches the referendum.”

The Fannin County School System is now hoping that the residents of Fannin County will continue the district’s success and provide the school system with a continuation of collections for SPLOST.

With the SPLOST IV referendum allowing the school system to collect but not exceed $27.5 million by March 2021, projections are indicating that this goal will be met before the ability to collect SPLOST funds expires.

It is the hopes of the BOE and fellow faculty with in the Fannin County School System that the public will allow for a continuation of this collection with the increased cap amount to be $34.5 million.

A Special Election will be held on Tuesday, March 19 for the approval of the SPLOST V referendum and Early Voting is taking place now. If passed the new referendum would allow FCSS to move the cap of SPLOST funds to $34.5 million.

 

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Natalie Kissel

Natalie@FetchYourNews.com

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