The Ottumwa Courier

Education

January 14, 2014

School gets an 'A'

OTTUMWA — Public organizations like colleges bring in government money that can only be spent in very specific ways. An occasional audit makes sure that’s what's happening.

Indian Hills Community College received a visit from the state in June and received results of the investigation this month.

"It turned out very good," said Bill Meck, chief financial officer of IHCC.

The Office of the Auditor of State states, "Our responsibility is to express an opinion on these financial statements."

In the past, a perfect audit report says the place has a report that is "unqualified." That there are no places where an investigating CPA had to say, "This is pretty good, however ..."

"They explained to us that the terminology changed a bit: They used to call them unqualified, and now they call it unmodified," Meck said.

That was the overall result.

"In our opinion, Indian Hills Community College complied … with requirements of its major federal programs. An unmodified opinion was issued on compliance with requirements applicable to each major program."

"A federal grant for example, has requirements and stipulations, and that is part of what they check for," Meck explained.

They also found that across the accounts they searched, the evidence was that each entry in the accounting ledger was accurate and appropriate. So that was also "unmodified."

Another section of the report was more basic: The school didn't spend more than they had budgeted for the year. So that last part of the audit was also considered unmodified, meaning the entire audit, using multiple CPAs and state auditors, was generally perfect.

"I just got here toward the end of the fiscal year, so I can't take much credit," Meck said. "Our staff did a great."

He walked into a college that had its financial house in order.

"Now my job," he said, "is to keep it neat."

— Reporter Mark Newman is on Twitter @couriermark

 

 

1
Text Only
Education
  • IHCC buildings.jpg Grant helps Hills keep students on track

    OTTUMWA — Thanks to a grant designed to improve graduation rates, Indian Hills Community College now has even more tools in its campuswide effort to help students with needs and give them the resources they need to stay in class. Indian Hills is one

    July 28, 2014 1 Photo

  • 0710 OTT Bulldogs update color photo -L -M High school students lead Bulldog charge

    OTTUMWA — Two Ottumwa High School students gave their very first press conference Wednesday morning to share their progress on decorating Ottumwa with large bulldog statues. Alyssa Cash and Madyson Feather joined Main Street Ottumwa Executive Directo

    July 9, 2014 1 Photo

  • 0710 OTT Smart snacks color photo -M -L Schools adopt new food regulations

    OTTUMWA — This fall, students across the country will find big changes in the cafeteria, but Ottumwa kids may find they approve of the changes. The new "Smart Snacks in School" standards from the United States Department of Agriculture (USDA) went in

    July 9, 2014 1 Photo

  • Survey finds math, science grads earn top dollar WASHINGTON (AP) — It seems to matter less whether your alma mater is public or private than what you study — math and science in particular — when it comes to finding a high-paying job after college, according to a report released Tuesday by the Educ

    July 8, 2014

  • Pekin and Tri-County to share superintendent PACKWOOD — Both Pekin and Tri-County Community School Districts have voted to approve Operational Sharing Incentives for superintendent during the 2014-15 school year. During the 2014 legislative session, the Legislature passed and the governor signe

    July 2, 2014

  • Teaching the teachers

    OTTUMWA — The community has formally advised the school district that strong teachers lead to strong students. Now Ottumwa teachers have "coaches" to help them boost educational muscle. Though the idea is now formalized under a Legislative state plan

    May 29, 2014

  • 0525 OTT OHS graduation web-color photo 3 OHS seniors say farewell OTTUMWA - Sunday marked the end of high school for all the graduating seniors from Ottumwa High School. Family and friends of the students packed the Bridge View Center, leaving standing room only for late-comers. You could feel the excitement in the

    May 25, 2014 4 Photos

  • Slideshow: OHS graduation

    May 25, 2014

  • 0524 OTT OCS graduation web-color photo 3 Small ceremony for big achievements OTTUMWA - Saturday was a special day for the four seniors graduating from Ottumwa Christian School. This small graduating class is double the size of last year's class and illustrates the small-group learning style of the school. Family and friends o

    May 24, 2014 3 Photos

  • Slideshow: Ottumwa Christian graduation

    May 24, 2014

Obituaries
Record
Facebook
AP National