Middletown Township School District

Recommendations

6/30/2002

We suggest the following:

Financial Planning, Accounting and Reporting

State Auditors concluded an audit of Title 1 funds and found several noncompliance items such as salaries not reported in the minutes with specific percentage allocations applicable to Title 1, equipment was not properly labeled and maintenance of effort report not prepared.  The District will correct all issues of noncompliance by including percentage allocations for Title 1 salaries in the minutes, labeling Title 1 equipment and preparing the maintenance of effort report

The above synopsis was prepared from the report of audit of the Board of Education for the Township of Middletown, County of Monmouth, for the year ended June 30, 2002.  this report of audit, submitted by Holman & Frenia, P.C., Kevin P. Frenia, Public School Account, 618 Stokes Road, Medford, New Jersey 08055, is on file at the Secretary’s Office and may be inspected by any interested person.

___________________

William J. Doering, CPA

Business Administrator/

Board Secretary