June-July 2020 Information Materials Item 4

Review of Annual Audit Plan of the Division of Financial Compliance for 2020-2021 School Year

July 2, 2020

STATE BOARD OF EDUCATION:  INFORMATION

SUMMARY: This item covers the annual audit plan of the Division of Financial Compliance for the 2020-2021 school year for field and independent financial reviews as specifically described in 19 TAC Chapter 109, Texas Education Agency Audit Functions, §109.21, Annual Audit Plan.

BACKGROUND INFORMATION AND JUSTIFICATION: Title 19 Texas Administrative Code §109.21 requires the commissioner of education to annually submit, for review of the Committee on School Finance/Permanent School Fund, an audit plan for field and independent financial reviews. The commissioner may amend the plan as needed.

FISCAL IMPACT: None.

PUBLIC BENEFIT AND COST TO PERSONS: None.

PROCEDURAL AND REPORTING IMPLICATIONS: None.

PUBLIC COMMENTS: None.

Staff Member Responsible:
David Marx, Director, Financial Compliance

Attachment:  Audit Plan of the Division of Financial Compliance for 2020-2021 School Year