ERIC ED465384: An Audit on Community and pdf

ERIC ED465384: An Audit on Community and

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Description of the Book:

The objective of this biennial enrollment audit is to determine that Texas’ community and technical colleges are in compliance with the Coordinating Board rules and regulations, the general provisions of the General Appropriations Act, and the provisions of the Texas Education Code for the purpose of receiving state appropriations. Compliance is determined by examining the accuracy of enrollment data submitted by the colleges, helping to ensure that these colleges receive only those appropriations to which they are entitled. Any excess over the allowable 2% error may be returned to the State’s General Revenue Fund. Past and present audit results indicate that the colleges consistently maintain an error rate much lower than 2%. This audit identified a total of more than $2.5 million in errors in 1999 through audit testing, colleges’ self-reported errors, and errors in colleges’ Spring 1999 estimates. Eleven colleges overestimated Spring 1999 semester contact hours by a total of $121,829, and 29 colleges underestimated their spring semester contact hours by a total of $353,354.

The State Auditor’s Office recommended no adjustments to the colleges’ 2000-2001 appropriations because the errors were well within the 2% range. The audit was conducted using statistical sampling, reviewing self-reported corrections, and determining the amount of funds appropriated due to inaccurate spring semester estimates. (NB

• Creator/s: ERIC
• Date: 4/24/2000
• Year: 2000
• Book Topics/Themes: ERIC Archive, Audits (Verification), Community Colleges, Educational Economics, Enrollment, Enrollment Management, Enrollment Rate, Resource Allocation, School Funds, State Aid, State Standards, Technical Institutes, Two Year Colleges, Alwin, Lawrence F

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