Annual Proposition 39 Performance Audits

California law requires districts that have passed a general obligation bond under Proposition 39 to complete, on an annual basis, an independent financial audit and a performance audit. Beginning January 1, 2011, Senate Bill 1473 amended the Education Code by adding Section 15286 which requires that the financial and performance audits of the Proposition 39 bond funds are conducted in accordance with the Government Auditing Standards (GAGAS) issued by the Comptroller General of the United States for financial and performance audits.

GAGAS defines performance audits as “objective analysis for management and those charged with governance and oversight to use to improve program performance and operations, reduce costs, facilitate decision making by parities with responsibility to oversee or initiate corrective action, and contribute to public accountability”. Further performance audits, unlike financial audits, assess the effectiveness, economy and efficiency of the bond program.

Total School Solutions provides a comprehensive compliant performance audit for Proposition 39 facilities program. Besides ensuring that districts use bond proceeds in conformance with the provisions listed in the ballot language, the scope of our examination includes a review of design and constructions schedules and cost budgets; change orders and claims procedures; bidding and procurement practices, and the effectiveness of the public outreach program and communication channels amount the stakeholders; and other facilities-related areas.

TSS performance audits provide the reader a greater understanding of the facilities program as a whole, including many of the legal and mandated requirements. They include recommendations to help strengthen systems and procedures, and help enhance communication among the stakeholders building trust and ensuring transparency.

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