STATE OF MISSISSIPPI
OFFICE OF THE STATE AUDITOR
PHIL BRYANT
State Auditor
RAMONA HILL, CPA
Director, Financial and Compliance Audit Division
BRENT BALLARD, CPA
Director, Education Audit Section
SUNFLOWER COUNTY SCHOOL DISTRICT
Audited Financial Statements
For the Year Ended June 30, 1997

SUNFLOWER COUNTY SCHOOL DISTRICT
TABLE OF CONTENTS
FINANCIAL AUDIT REPORT 1
Independent Auditor's Report on The General Purpose Financial Statements and Supplemental
Information 3
GENERAL PURPOSE FINANCIAL STATEMENTS 5
Combined Balance Sheet - All Fund Types and Account Groups 6
Combined Statement of Revenues, Expenditures, and Changes in Fund Balances - All Governmental
Fund Types and Expendable Trust Funds 8
Combined Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual
- All Governmental Fund Types 10
Combined Statement of Revenues, Expenses, and Changes in Fund Balances - Nonexpendable Trust
Funds 12
Combined Statement of Cash Flows - Nonexpendable Trust Funds 13
Notes to Financial Statements 14
SUPPLEMENTAL INFORMATION 25
Schedule of Expenditures of Federal Awards 26
REPORTS ON COMPLIANCE AND INTERNAL CONTROL 27
Independent Auditor's Report on Compliance and Internal Control over Financial Reporting Based on

an Audit of the General Purpose Financial Statements Performed in Accordance with
Government Auditing Standards 29
Independent Auditor's Report on Compliance with Requirements Applicable to each Major Federal
Program and Internal Control over Compliance in Accordance with OMB Circular A-133 31
INDEPENDENT AUDITOR=S REPORT ON COMPLIANCE WITH STATE LAWS AND REGULATIONS 33
Independent Auditor's Report on Compliance with State Laws and Regulations 35
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 37
3750 I-55 NORTH FRONTAGE ROAD $ JACKSON, MISSISSIPPI 39211 $ (601) 364-2888 $ FAX (601) 364-2828
The Office of the State Auditor does not discriminate on the basis of
race, religion, national origin, sex, age or disability
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SUNFLOWER COUNTY SCHOOL DISTRICT
FINANCIAL AUDIT REPORT
2
SUNFLOWER COUNTY SCHOOL DISTRICT
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OFFICE OF THE STATE AUDITOR
PHIL BRYANT
AUDITOR
INDEPENDENT AUDITOR'S REPORT
ON
THE GENERAL PURPOSE FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION
May 20, 1998
Superintendent and School Board
Sunflower County School District
We have audited the general purpose financial statements of the Sunflower County School District as of and for
the year ended June 30, 1997, as listed in the table of contents. These general purpose financial statements are the
responsibility of the Sunflower County School District's management. Our responsibility is to express an opinion on
these general purpose financial statements based on our audit.

Except as discussed in the following paragraph, we conducted our audit in accordance with generally accepted
auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued
by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the general purpose financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in the general purpose financial
statements. An audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.
The school district did not maintain adequate subsidiary records documenting the existence, completeness and
valuation of the buildings and equipment included in the General Fixed Assets Account Group. Due to the nature of the
school district records, we were unable to satisfy ourselves as to the fair presentation of buildings and equipment,
reported at $7,167,548 as of June 30, 1997.
In our opinion, except for the effects of such adjustments, if any, as might have been determined to be necessary
had we been able to examine adequate buildings and equipment subsidiary records, the general purpose financial
statements referred to above present fairly, in all material respects, the financial position of the Sunflower County School
District as of June 30, 1997, and the results of its operations and the cash flows of its Nonexpendable Trust Funds for
the year then ended in conformity with generally accepted accounting principles.
In accordance with Government Auditing Standards, we have also issued our report dated May 20, 1998 on our
consideration of the Sunflower County School District's internal control over financial reporting and our tests of its
compliance with certain provisions of laws, regulations, contracts and grants.
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Our audit was performed for the purpose of forming an opinion on the general purpose financial statements
taken as a whole. The accompanying Schedule of Expenditures of Federal Awards is presented for purposes of
additional analysis as required by U.S. Office of Management and Budget Circular A-133 and is not a required part of
the general purpose financial statements. Such information has been subjected to the auditing procedures applied in the
audit of the general purpose financial statements and, in our opinion, is fairly stated, in all material respects, in relation to
the general purpose financial statements taken as a whole.
PHIL BRYANT RAMONA HILL, CPA
State Auditor Director, Financial and Compliance Audit Division
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SUNFLOWER COUNTY SCHOOL DISTRICT
GENERAL PURPOSE FINANCIAL STATEMENTS
6
SUNFLOWER COUNTY SCHOOL DISTRICT Exhibit A
Combined Balance Sheet - All Fund Types and Account Groups
June 30, 1997
Fiduciary
Governmental Fund Types Fund Types Account Groups
General General Total
Special Capital Debt Trust and Fixed Long-term (Memorandum
General Revenue Projects Service Agency Assets Debt Only)
Assets
Cash and other deposits (Note 2) $ 336,469 34,856 5,240 100,068 739,341 1,215,974
Due from local sources 29,837 2,709 32,546
Due from state sources 13,778 63,252 77,030
Due from federal sources 204,215 204,215
Other receivables 47,842 47,842
Due from other funds (Note 3) 296,347 269,061 2,434 567,842
Inventories:
Food 4,230 4,230
Donated commodities 2,242 2,242
Buildings and equipment (Note 4) 7,167,548 7,167,548
Transportation equipment (Note 4) 1,023,382 1,023,382
Other motor equipment (Note 4) 121,213 121,213
Amount available in debt service fund 102,777 102,777
Amount to be provided for retirement
of general long-term debt 418,083 418,083
Total Assets $ 676,431 577,856 5,240 105,211 787,183 8,312,143 520,860 10,984,924
Liabilities & Fund Equity
Liabilities:

Accrued payroll $ 250,013 250,013
Salary withholdings and benefits payable 49,077 49,077
Due to student clubs 441 441
Due to other funds (Note 3) 157,006 383,039 20,000 2,434 5,363 567,842
Deferred revenue 1,054 1,054
Building purpose loans payable (Note 5) 100,000 100,000
Other loans payable (Note 5) 330,000 330,000
Compensated absences payable (Note 5) 90,860 90,860
Total Liabilities 157,006 384,093 20,000 2,434 304,894 520,860 1,389,287
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