Follow-Up Audit of Sarasota County Area Transit (SCAT) Bus Operations Cash Handling, December 2017

4 |  A u d i t o f S C A T B u s O p e r a t i o n s C a s h H a n d l i n g  N o v e m b e r 2 0 1 6 shows the total farebox receipts, which is reconciled to the total prepared cash deposits.  Receipt for Deposit of County Funds  (RFDCF) forms are prepared and submitted to the Clerk of  the Court and County Comptroller (Comptroller) for recording to the County general ledger.  Per the County general ledger, farebox revenues for the fixed route services totaled $1,263,281  in fiscal year 2015 and $938,337 in fiscal year 2016, through July 31. For express route services,  farebox revenues were recorded as $73,053 for fiscal year 2015 and $76,085 for fiscal year  2016, through July 31.  Objectives, Scope and Methodology  The objectives of this audit were to determine if SCAT’s internal controls related to farebox  receipts are operating effectively and if they are in compliance with Accounting Policies and  Procedures.  To meet the objective of the audit, the procedures performed included, but were not limited  to, the following:   Conducted inquires of management and staff of the SCAT Administration Department.   Observed and evaluated security related to farebox receipts.   Reviewed departmental policies and procedures related to farebox receipts.   Tested farebox receipts for the month of July 2016.   Identified opportunities for improvement.