BYRON-BERGEN CENTRAL SCHOOL DISTRICT

EXTRACLASSROOM ACTIVITY

JUNE 30, 2020

INDEPENDENT AUDITORS’ REPORT

The Board of Education
Byron-Bergen Central School District

We have audited the accompanying statement of cash receipts and disbursements of Byron-Bergen Central School District (the District) Extraclassroom Activity for the year ended June 30, 2020, and the related notes to the financial statement.

Management’s Responsibility for the Financial Statement

Management is responsible for the preparation and fair presentation of this financial statement in accordance with the cash basis of accounting described in Note 1; this includes determining that the cash basis of accounting is an acceptable basis for the preparation of this financial statement in the circumstances. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express an opinion on this financial statement based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statement. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statement, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion.

Basis for Qualified Opinion

Certain accounting records of Byron-Bergen Central School District Extraclassroom Activity accounts were not adequate for us to form an opinion regarding the completeness of cash receipts in the accompanying statement of cash receipts and disbursements stated at $162,312.

Qualified Opinion

In our opinion, except for the possible effects of the matter discussed in the Basis for Qualified Opinion paragraph, the financial statement referred to in the first paragraph presents fairly, in all material respects, the cash receipts and disbursements of Byron-Bergen Central School District Extraclassroom Activity for the year ended June 30, 2020, in accordance with the cash basis of accounting as described in Note 1.

Basis of Accounting

We draw attention to Note 1 of this financial statement, which describes the basis of accounting. This financial statement is prepared on the cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to that matter.

October 8, 2020

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BYRON-BERGEN CENTRAL SCHOOL DISTRICT EXTRACLASSROOM ACTIVITY

Statement of Cash Receipts and Disbursements

For the year ended June 30, 2020

Junior/Senior High School: Class Clubs:
2020 2021 2022 2023 2024 2025
Apiary Club Baseball Club BB Ink Club
Boys Basketball Club Boys Soccer Club Cheerleading Club Cross Country Club FFA Club
HS Drama Club
Girls Basketball Club Girls Soccer Club Golf Club
Junior Honor Society Club Outdoor Adventure Club Robotics Club
Students Against Drunk Driving Club Senior Art Club
Senior Band Club Senior Chorale Club Senior Council Club
Senior Honor Society Club Ski Club
Softball Club Steppin Up Club HS Spanish Club Swimming Club Track & Field Club Volleyball Club Varsity Club

July 1, 2019

$	3,713	$ 2,014 1,900 2,215
714 -
3,817 1,713 122 1,604 4,321 93 825 3,354 1,786 231
-173 554 88
1,192 475 473 568 14,098 6,703 585 981 177 305 134 925 1,909 711 810
$	59,283	$

Receipts

17,721 3,227 88 1,352 2,011 3,106 378
3 -
4,189 2
-2,607
11,404 3 1,167 3,348 -
477 -
2 25 1 -
7,499 497 31
67 -
1 1,250 572 169
2 992
62,191

Disbursements

$                   19,099 1,023
-1,177 1,566 2,005 90
--
3,125 3,140 -2,177
11,180 -
350 3,348 -
241 ----
450 6,998 879 10
29 --
549 1,064 -
-237
$	58,737

June 30, 2020

$	2,335 4,218 1,988 2,390 1,159 1,101 4,105 1,716
122 2,668 1,183 93 1,255 3,578 1,789 1,048 -
173 790 88 1,194 500 474 118
14,599 6,321 606 1,019 177 306 835 433 2,078 713 1,565
$	62,737

See accompanying notes.	3

BYRON-BERGEN CENTRAL SCHOOL DISTRICT EXTRACLASSROOM ACTIVITY

Statement of Cash Receipts and Disbursements (continued)

For the year ended June 30, 2020

Elementary School: Class Clubs:
2026 2027
Elementary Council Yearbook Club

July 1, 2019

$	131     $ -
26,244 181
$	26,556     $

Receipts

33,858 50,595 11,973 3,695 100,121

Disbursements

$	32,953 40,279 11,360
3,703 $	88,295

June 30, 2020

$	 1,036 10,316 26,857
173 $	38,382

$	85,839     $	162,312     $	147,032     $	101,119

See accompanying notes.	4

BYRON-BERGEN CENTRAL SCHOOL DISTRICT EXTRACLASSROOM ACTIVITY

Notes to Financial Statement

1. Summary of Significant Accounting Policies

Financial Reporting Entity

Extraclassroom Activity accounts are those operated by and for the students. Proceeds are voluntarily collected by students and are spent by them, as they deem appropriate under established guidelines. The cash balances of the Extraclassroom Activity accounts are included in the financial statements of Byron-Bergen Central School District (the District). These amounts are included in the Agency column of the Statement of Fiduciary Net Position.

Basis of Presentation

The District’s policy is to prepare the accompanying financial statement on the cash basis of accounting. Consequently, revenues are recognized when received rather than when earned, and expenses are recognized when cash is disbursed rather than when the obligation is incurred.

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