Report 2014-135R Recommendation 8 Responses
Report 2014-135R: Magnolia Science Academies: Although the Financial Condition of These Charter Schools Has Improved, Their Financial Controls Still Need to Be Strengthened (Release Date: May 2015)
Recommendation #8 To: Magnolia Educational and Research Foundation
To increase transparency and reduce the risk of misuse of funds, the Foundation should update its policies and procedures regarding vendor selection to require that it maintain independence in its relationships with vendors.
1-Year Agency Response
Magnolia Public Schools (MPS) has increased transparency by including a conflict of interest policy, acceptance of gratuities disclosures, and disciplinary actions. MPS is including the Board approved policies and procedures regarding the MPS' bidding requirements, conflict of interest, acceptance of gratuities, and disciplinary actions.
- Completion Date: April 2016
- Response Date: May 2016
California State Auditor's Assessment of 1-Year Status: Fully Implemented
6-Month Agency Response
The organization has established revisions to the policies and procedures in order to enhance vendor selection, and is currently in the process of reviewing the current process in order to ensure that the organization maintain independence in its relationship with vendors.
- Estimated Completion Date: 01/30/2016
- Response Date: November 2015
California State Auditor's Assessment of 6-Month Status: Pending
60-Day Agency Response
The organization has established revisions to the policies and procedures in order to enhance vendor selection, and is currently in the process of reviewing the current process in order to ensure that the organization maintain independence in its relationship with vendors.
- Estimated Completion Date: 10/30/2015
- Response Date: July 2015
California State Auditor's Assessment of 60-Day Status: Pending
All Recommendations in 2014-135R
Agency responses received are posted verbatim.