Why Georgia has its own auditing system
Posted September 21, 2019 17:47:07Georgia is using a system that allows it to see where its schools are spending money, and where its taxpayers’ money is going.
Audit planGeorgia auditors have been tasked with analysing the state’s finances and spending on schools and schools’ services.
It’s been a long and expensive process, but the results are now in, and it’s going to be a huge headache for the school board.
The audit, to be published in The Georgia Democrat-Gazette, is expected to show a huge deficit of nearly $600m.
And it’s not just the school districts.
About $1.4bn of school aid has been earmarked for the 2020-21 school year.
Ahead of the audit, a budget deal between the state and the Republican-led legislature was agreed on, which would increase funding by $250m over two years.
But it is expected that the money will be spent only on schools that meet criteria set by the state, and not on the schools that have been deemed non-compliant by auditors.
Under the agreement, the audit will not be published until December 2019, and will be conducted by a third party.
Its purpose is to ensure that the schools are not misusing public money.
This is a very serious matter, because it is something that has been in the books for a long time, and we know that it has not been properly applied.
Georgia’s state auditor is expected this month to announce that it is going to conduct an audit of the Georgia Department of Education and find ways to cut back on spending and to reduce costs.
There has been speculation that auditors will be given the power to audit the state legislature.
So far, they have not.
Education is one of the biggest issues in the state.
As the auditor says in the audited budget, Georgia has spent more than $1 billion on schools since 2006, but it has been spending less on teachers, staff and other students than the states average spending per student.
I don’t think that’s fair, but we’ve been trying to do the right thing, and if you don’t want to do it you shouldn’t have any responsibility for doing it.
We’ve made a decision, and this is the outcome of that decision.
In the past, the GAEDs audit team has come up with many different options to cut spending and increase revenue.
One option was to close schools entirely.
The other option was for the GAESD to increase revenue through fees for students.
Instead, the auditors decided to create a school budgeting system that was based on the current state of the state budget, and would allow schools to plan for the future, and to manage their finances.
While this may seem like an improvement, its a significant step backward.
After all, it is only the current fiscal year that is being audited.
Why auditors are doing this Georgia is facing a massive deficit, which will cost taxpayers more money in the future.
More: Georgia auditors spend millions of dollars on school aid and education.
Read more from BBC Sport on audit planGeorgia school districts have been forced to take on huge amounts of debt to make up for the deficit.
Now, they will be left with a huge amount of debt when the audit is published in November 2019.
To put that in context, the US government has a $16 trillion debt.
How does this compare with the rest of the world?
Read more: Auditors are the auditing arm of the US state government.
What happens if the audit fails?
It will be the most expensive audit in Georgia’s history, costing more than any other audit in history.
They will also be able to spend the money they receive, including the money to hire auditors and their salaries, on a range of other expenses.
Their audit plan is based on assumptions and is subject to revision.
Do you know more about this story?
Sign up to receive our free weekly newsletter for the latest on the world of sport.