|Report Title:||Manatee Community College - Operational Audit|
|Report Period:||FYE 06/30/2008|
Our operational audit for the fiscal year ended June 30, 2008, disclosed the following:
Finding No. 1: The College’s calculation of terminal pay resulted in $54,037 of additional accumulated sick leave to be paid to a former employee than the amount authorized by Section 1012.865(2)(e), Florida Statutes, and the College’s own policies.
Finding No. 2: The College does not have a written policy for communicating and reporting known or suspected fraud.
Finding No. 3: The College did not always retain required documentation evidencing student Florida residency status for tuition purposes.
Finding No. 4: The basis for the assessment of laboratory fees was not always adequately documented. Also, the methodology for calculating laboratory fees had not been presented to the Board for its approval.
The College's response is included as Exhibit B.