Delaware News

School District Authorized Tax Rate Agreed-Upon Procedures Report – Fiscal Years Ended June 30, 2015 and 2016

Auditor of Accounts | Former Auditor of Accounts - R. Thomas Wagner, Jr. | Date Posted: Tuesday, May 2, 2017



State Auditor, R. Thomas Wagner, Jr., has released the School District Authorized Tax Rate Agreed-Upon Procedures Report for Fiscal Years Ended June 30, 2015 and 2016.

The Office of Auditor of Accounts (AOA) performed procedures to determine whether Delaware school districts’ tax rates were adequately supported and properly authorized. The majority of our exceptions resulted from procedures performed on match tax rates. The exceptions identify school districts that collected a tax rate higher than the authorized amount, which is largely attributable to the minimal guidance regarding how a match tax rate should be calculated and the level of discretion afforded to school districts when calculating these match tax rates.

The engagement was performed by AOA in accordance with Government Auditing Standards, issued by the Comptroller General of the United States.

For the full results of School District Authorized Tax Rate Agreed-Upon Procedures Engagement, please see the published report.

If you have any questions, please contact R. Thomas Wagner, Jr., State Auditor, at 302-739-5055 or r.thomas.wagner@delaware.gov.

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School District Authorized Tax Rate Agreed-Upon Procedures Report – Fiscal Years Ended June 30, 2015 and 2016

Auditor of Accounts | Former Auditor of Accounts - R. Thomas Wagner, Jr. | Date Posted: Tuesday, May 2, 2017



State Auditor, R. Thomas Wagner, Jr., has released the School District Authorized Tax Rate Agreed-Upon Procedures Report for Fiscal Years Ended June 30, 2015 and 2016.

The Office of Auditor of Accounts (AOA) performed procedures to determine whether Delaware school districts’ tax rates were adequately supported and properly authorized. The majority of our exceptions resulted from procedures performed on match tax rates. The exceptions identify school districts that collected a tax rate higher than the authorized amount, which is largely attributable to the minimal guidance regarding how a match tax rate should be calculated and the level of discretion afforded to school districts when calculating these match tax rates.

The engagement was performed by AOA in accordance with Government Auditing Standards, issued by the Comptroller General of the United States.

For the full results of School District Authorized Tax Rate Agreed-Upon Procedures Engagement, please see the published report.

If you have any questions, please contact R. Thomas Wagner, Jr., State Auditor, at 302-739-5055 or r.thomas.wagner@delaware.gov.

image_printPrint


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.