skip navigation

AuditAudit

The auditors, working with the Director of Business Services and Controller, produce an executive audit summary, comprehensive annual financial report (CAFR), and student activity audit after thoroughly examining all our school district’s financial records.

Financial Statements and Supplemental Information

These reports are completed after examining all financial statements under the school district’s management. The auditors present the financial position of the governmental activities, each major fund, and the aggregate remaining fund information of the district as of June 30, as well as the respective changes in financial position and cash flows, where applicable, and the respective budgetary comparison for General Fund and the Major Special Revenue Funds of the year then ended, in conformity with U.S. generally accepted accounting principles.

The audit documents are available as downloads at the links below.

The District has submitted an application to the Association of School Business Officials (ASBO) International for the Certificate of Excellence (COE) Award for 2010. 

The COE Award for financial reporting recognizes excellence for a school entity's Comprehensive Annual Financial Report (CAFR), promoting high-quality financial reporting to the community.

CAFRs are reviewed by professionals from governmental accounting and auditing in the fields of consulting, certified public accounting and school system financial management.

FY08 Hopkins ISD #270 Executive Audit Summary (139.61 KB)

An executive summary of the major findings contained in the audit report of the fiscal year that ended June 30, 2008, presented to the Hopkins School Board.
Download now.

FY08 Hopkins ISD #270 Financial Statement (728.46 KB)

The complete financial statements of Hopkins Public Schools prepared by independent auditor LarsonAllen LLP for the budget year ending June 30, 2008.
Download now.

FY08 Hopkins ISD #270 Student Activities (73.48 KB)

A supplement to the 2008 audit report examining the school district's extracurricular activity accounts.
Download now.

FY07 Hopkins ISD #270 Executive Audit Summary (155.67 KB)

Hopkins Public Schools Executive Audit Summary for the fiscal year 2007. This report contains information about whether our district was in compliance with the auditors' review of laws, regulations, contracts, and grants that could have significant financial implications to the district.  This report might contain any control deficiencies that the auditors might recommend.  Also included is the district’s enrollment and a statement of the general fund balance.
Download now.

FY07 Hopkins ISD #270 Financial Statement (5.3 MB)

The District Finandial Statements for Fiscal Year 2007, submited to the Hopkins School Board.
Download now.

FY07 Hopkins ISD #270 Student Activities (509.31 KB)

Extracurricular Student Activity Accounts Financial Statements for fiscal year 2007. This report is an analysis of the statement of cash receipts and disbursements of the extracurricular student activities of our school district in accordance with generally accepted accounting principles. 
Download now.

General Fund Balance Comparison Based on Student Population (46.05 KB)

A chart comparing Hopkins to surrounding school districts in General Fund Undesignated Fund Balances based on ADM (Average Daily Membership—or total student population).
Download now.

General Fund Balance Comparison as Percent of Expenditures (46.32 KB)

A chart comparing Hopkins to surrounding school districts in General Fund Undesignated Fund Balances as a percentage of total General Fund expenditures.
Download now.

Auditors present positive report (12/22/2008)

LarsonAllen LLP, the independent auditors for Hopkins Public Schools, presented a positive report to the Hopkins School Board on December 18.
More…