Transcription
Financial StatementsJune 30, 2019Barstow Community College Districteidebailly.com
BARSTOW COMMUNITY COLLEGE DISTRICTTABLE OF CONTENTSJUNE 30, 2019FINANCIAL SECTIONIndependent Auditor's ReportManagement's Discussions and AnalysisBasic Financial Statements - Primary GovernmentStatement of Net PositionStatement of Revenues, Expenses, and Changes in Net PositionStatement of Cash FlowsFiduciary FundsStatement of Net PositionStatement of Changes in Net PositionNotes to Financial Statements131415REQUIRED SUPPLEMENTARY INFORMATIONSchedule of Changes in the District's Net OPEB Liability/(Asset) and Related RatiosSchedule of OPEB Investment ReturnsSchedule of the District's Proportionate Share of the Net Pension LiabilitySchedule of District Contributions for PensionsNote to Required Supplementary Information5556575859SUPPLEMENTARY INFORMATIONDistrict OrganizationSchedule of Expenditures of Federal AwardsSchedule of Expenditures of State AwardsSchedule of Workload Measures for State General Apportionment Annual (Actual) AttendanceReconciliation of Education Code Section 84362 (50 Percent Law) CalculationReconciliation of Annual Financial and Budget Report (CCFS-311) With Audited FinancialStatementsProposition 30 Education Protection Account (EPA) Expenditure ReportReconciliation of Governmental Funds to the Statement of Net PositionNote to Supplementary Information25171819616263656669707173INDEPENDENT AUDITOR'S REPORTSReport on Internal Control Over Financial Reporting and on Compliance and Other MattersBased on an Audit of Financial Statements Performed in Accordance With GovernmentAuditing StandardsReport on Compliance for Each Major Program and Report on Internal Control OverCompliance Required by the Uniform GuidanceReport on State Compliance76SCHEDULE OF FINDINGS AND QUESTIONED COSTSSummary of Auditor's ResultsFinancial Statement Findings and RecommendationsFederal Awards Findings and Questioned CostsState Awards Findings and Questioned CostsSummary Schedule of Prior Audit Findings84858991937881
FINANCIAL SECTIONeidebailly.com1
INDEPENDENT AUDITOR'S REPORTBoard of TrusteesBarstow Community College DistrictBarstow, CaliforniaReport on the Financial StatementsWe have audited the accompanying financial statements of the business-type activities and the aggregateremaining fund information of Barstow Community College District (the District) as of and for the yearended June 30, 2019, and the related notes to the financial statements, which collectively comprise theDistrict's basic financial statements as listed in the Table of Contents.Management's Responsibility for the Financial StatementsManagement is responsible for the preparation and fair presentation of these financial statements inaccordance with accounting principles generally accepted in the United States of America; this includesthe design, implementation, and maintenance of internal control relevant to the preparation and fairpresentation of financial statements that are free from material misstatements, whether due to fraud orerror.Auditor's ResponsibilityOur responsibility is to express opinions on these financial statements based on our audit. We conductedour audit in accordance with auditing standards generally accepted in the United States of America andthe standards applicable to financial audits contained in Government Auditing Standards, issued by theComptroller General of the United States, and the 2018-2019 Contracted District Audit Manual, issuedby the California Community Colleges Chancellor's Office. Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financial statements are free frommaterial misstatement.An audit involves performing procedures to obtain audit evidence about the amounts and disclosures inthe financial statements. The procedures selected depend on the auditor's judgment, including theassessment of the risks of material misstatement of the financial statements, whether due to fraud or error.In making those risk assessments, the auditor considers internal control relevant to the District'spreparation and fair presentation of the financial statements in order to design audit procedures that areappropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness ofthe District's internal control. Accordingly, we express no such opinion. An audit also includesevaluating the appropriateness of accounting policies used and the reasonableness of significantaccounting estimates made by management, as well as evaluating the overall presentation of the financialstatements.We believe the audit evidence we have obtained is sufficient and appropriate to provide a basis for ouraudit opinions.2What inspires you, inspires us. eidebailly.com10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 91730-3831 T 909.466.4410 F 909.466.4431 EOE
OpinionsIn our opinion, the financial statements referred to above present fairly, in all material respects, therespective financial position of the business-type activities and the aggregate remaining fund informationof the District as of June 30, 2019, and the respective changes in financial position and, where applicable,cash flows thereof for the year then ended in accordance with accounting principles generally accepted inthe United States of America.Correction of ErrorAs discussed in Note 16 to the financial statements, beginning fiduciary net position was restated toreflect the Retiree OPEB trust in accordance with Governmental Accounting Standards Board (GASB)Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans. Ouropinion is not modified with respect to this matter.Other MattersRequired Supplementary InformationAccounting principles generally accepted in the United States of America require the Management'sDiscussion and Analysis on pages 5 through 12, and other required supplementary information on pages55 through 58 be presented to supplement the basic financial statements. Such information, although nota part of the basic financial statements, is required by the Governmental Accounting Standards Board,who considers it to be an essential part of financial reporting for placing the basic financial statements inan appropriate operational, economic, or historical context. We have applied certain limited proceduresto the required supplementary information in accordance with auditing standards generally accepted in theUnited States of America, which consisted of inquiries of management about the methods of preparing theinformation and comparing the information for consistency with management's responses to our inquiries,the basic financial statements, and other knowledge we obtained during our audit of the basic financialstatements. We do not express an opinion or provide any assurance on the information because thelimited procedures do not provide us with sufficient evidence to express an opinion or provide anyassurance.Other InformationOur audit was conducted for the purpose of forming opinions on the financial statements that collectivelycomprise the District's basic financial statements. The accompanying supplementary information listed inthe Table of Contents, including the Schedule of Expenditures of Federal Awards, as required by Title 2U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance), and the othersupplementary information are presented for purposes of additional analysis and are not a required part ofthe basic financial statements.The accompanying supplementary information is the responsibility of management and was derived fromand relates directly to the underlying accounting and other records used to prepare the basic financialstatements. Such information has been subjected to the auditing procedures applied in the audit of thebasic financial statements and certain additional procedures, including comparing and reconciling suchinformation directly to the underlying accounting and other records used to prepare the basic financialstatements or to the basic financial statements themselves, and other additional procedures in accordancewith auditing standards generally accepted in the United States of America. In our opinion, theaccompanying supplementary information is fairly stated, in all material respects, in relation to the basicfinancial statements as a whole.3
Other Reporting Required by Government Auditing StandardsIn accordance with Government Auditing Standards, we have also issued our report datedDecember 19, 2019, on our consideration of the District's internal control over financial reporting and onour tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, andother matters. The purpose of that report is solely to describe the scope of our testing of internal controlover financial reporting and compliance and the results of that testing, and not to provide an opinion onthe effectiveness of the District's internal control over financial reporting or on compliance. That report isan integral part of an audit performed in accordance with Government Auditing Standards in consideringthe District's internal control over financial reporting and compliance.Rancho Cucamonga, CaliforniaDecember 19, 20194
MANAGEMENT'S DISCUSSION AND ANALYSISThe purpose of this annual report is to provide readers with information about the activities, programs, andfinancial condition of Barstow Community College District (the "District") as of June 30, 2019. The reportconsists of three basic financial statements: the Statement of Net Position; Statement of Revenues, Expenses, andChanges in Net Position; and Statement of Cash Flows and provides information about the District as a whole.This section of the annual financial report presents our discussion and analysis of the District's financialperformance during the fiscal year ended June 30, 2019. Please read it in conjunction with the District's financialstatements, which immediately follow this section. Responsibility for the completeness and accuracy of thisinformation rests with the District management.OVERVIEW OF THE FINANCIAL STATEMENTSBarstow Community College District's financial statements are presented in accordance with GovernmentalAccounting Standards Board Statements (GASB) No. 34, Basic Financial Statements – and Management'sDiscussion and Analysis – for State and Local Governments, and No. 35, Basic Financial Statements – andManagement's Discussion and Analysis – for Public Colleges and Universities. These statements allow for thepresentation of financial activity and results of operations which focuses on the District as a whole. The entitywide financial statements present the overall results of operations whereby all of the District's activities areconsolidated into one total versus the traditional presentation by fund type. The focus of the Statement of NetPosition is designed to be similar to the bottom line results of the District. This statement combines andconsolidates current financial resources with capital assets and long-term obligations. The Statement of Revenues,Expenses, and Changes in Net Position focuses on the costs of the District's operational activities with revenueand expenses categorized as operating and nonoperating, and expenses are reported by natural classification. TheStatement of Cash Flows provides an analysis of the sources and uses of cash within the operations of the District.The California Community College Chancellor's Office has recommended that all State community collegesfollow the Business-Type Activity (BTA) model for financial statement reporting purposes.Financial Highlights Of The Past Year The District's primary funding source is from apportionment received from the State of California. Theprimary basis of this apportionment is the calculation of Full-Time Equivalent Students (FTES). Duringthe 2018-2019 fiscal year, total reported resident FTES were 2,551 as compared to 2,350 in the2017-2018 fiscal year. The Statement of Revenues, Expenses, and Changes in Net Position reflects a decrease of 385,156.Operating revenues increased by 3,681,499, while operating expenses increased by 5,421,670. Netnonoperating revenues increased by 814,683. During the 2018-2019 fiscal year, the District provided over 9.3 million in Federal and State financialaid to students attending the college.5
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019FINANCIAL ANALYSIS OF THE DISTRICT AS A WHOLENet PositionThe Statement of Net Position presents the assets, deferred outflows, liabilities, deferred inflows, and net positionof the District as of the end of the fiscal year and is prepared using the accrual basis of accounting, which issimilar to the accounting basis used by most private sector organizations.The difference between total assets, deferred outflows, total liabilities, and deferred inflows is one indicator of thecurrent financial condition of the District; the change in net position is an indicator of whether the overallfinancial condition has improved or worsened during the year. Assets and liabilities are generally measured usingcurrent values. One notable exception is capital assets, which are stated at historical cost less accumulateddepreciation.The Net Position is divided into three major categories. The first category, net investment in capital assets,provides the equity amount in property, plant and equipment owned by the District. The second category isexpendable restricted net assets. These net assets are available for expenditure by the District, but must be spent forpurposes as determined by external entities, legislation and/or donors that have placed time or purpose restrictionson the use of the assets. The final category is unrestricted and is available to the District for any lawful purpose ofthe District. As illustrated in the following tables, the June 30, 2019 fiscal year ended with a decrease in total netposition of 385,156 to a grand total of 52,892,616.6
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019Condensed financial information is as follows:Net Positionas of June 30,2019CurrentCash and investmentsOther current assetsTotal Current Assets Noncurrent AssetsCapital assets, net of depreciationNet other postemployment benefits (OPEB) AssetTotal Noncurrent AssetsTotal Assets17,953,2412,375,06420,328,3052018 6,951Deferred Outflows of ResourcesDeferred outflows of resources related to OPEBDeferred outflows of resources related to pensionsTotal Deferred Outflows of 6,264,709Current LiabilitiesAccounts payable and accrued liabilitiesUnearned revenueLong-term obligations - current portionTotal Current ,547,816(6,303,880)53,277,772Noncurrent LiabilitiesLong-term obligationsTotal LiabilitiesDeferred Inflows of ResourcesDeferred inflows of resources related to OPEBDeferred inflows of resources related to pensionsTotal Deferred Inflows of ResourcesNet PositionNet investment in capital assetsRestrictedUnrestricted deficitTotal Net Position This schedule has been prepared from the District's Statement of Net Position, which is presented on an accrualbasis of accounting whereby assets are capitalized and depreciated.7
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019Change in Net PositionThe change in total net position presented on the Statement of Net Position is based on the activity presented inthe Statement of Revenues, Expenses and Changes in Net Position. The purpose of this statement is to present theoperating and nonoperating revenues earned (whether received or not) by the District, the operating andnonoperating expenses incurred (whether paid or not) by the District, and any other revenues, expenses, gainsand/or losses earned or incurred by the District.Operating activities are those in which a direct payment or exchange is made for the receipt of specified goods orservices. As an example, tuition fees paid by the student are considered an exchange for instructional services.This activity is considered an operating activity. The receipt of State apportionments and property taxes do notinclude this exchange relationship between payment and receipt of goods or services. These revenues and relatedexpenses are classified as nonoperating activities.A summary of the Statement of Revenues, Expenses, and Changes in Net Position, for the years endedJune 30, 2019 and June 30, 2018, is shown below.Operating Resultsfor the Years Ended June 30,2019Operating RevenuesTuition and fees (net)Federal, State, and local grants and contracts, noncapitalTotal Operating Revenues Operating ExpensesSalaries and benefitsSupplies, materials, and other operating expenses and servicesStudent financial aidDepreciationTotal Operating ExpensesOperating LossNonoperating Revenues (Expenses)State apportionments, noncapitalFederal and State financial aid grants, noncapitalProperty taxesOther state revenuesInvestment incomeOther nonoperating revenues (expenses)Total NonoperatingRevenue (Expenses)Change in Net Position 8863,1178,899,9999,763,1162018 ,477(385,156)28,705,794540,332
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019Grant and contract revenues relate to student financial aid, as well as specific Federal and State grants received forprograms serving the students of the District. These grant and program revenues are restricted as to the allowableexpenses related to the programs.The District's primary revenue sources are local property taxes, student enrollment fees, and State apportionments,noncapital, which, as a whole, decreased in fiscal year 2018-2019.In accordance with requirements set forth by the California Community Colleges Chancellor's Office, the Districtreports operating expenses by object code. Operating expenses by functional classification are as follows:Statement of Functional Expensesfor the Year Ended June 30, 2019Instructional activitiesAcademic supportStudent servicesPlant operations andmaintenanceInstructional supportservicesCommunity servicesand economic developmentAncillary services andauxiliary operationsStudent financial aidPhysical property andrelated acquisitionsUnallocated depreciationTotal lies,Materials, andOther OperatingExpenses andServices 633,801298,9001,171,060StudentFinancial Aid -Depreciation 7196,321,148 68,749 9 Total9,443,4582,201,3675,702,266
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019Cash FlowsThe Statement of Cash Flows provides information about cash receipts and cash payments during the fiscalyear. The statement also helps user assess the District's ability to generate positive cash flows, meet obligationsas they come due, and the need for external financing.The Statement of Cash Flows is divided into five parts. The first part reflects operating cash flows and showsthe net cash used by the operating activities of the District. The second part details cash received fornonoperating, noninvesting, and noncapital financing purposes. The third part shows cash flows from capitaland related financing activities. This part deals with the cash used for the acquisition and construction of capitaland related items. The fourth part provides information from investing activities and the amount of interestreceived. The last section reconciles the net cash used by operating activities to the operating loss reflected onthe Statement of Revenues, Expenses and Changes in Net Position. The net cash used by the District foroperating activities, for the year ending June 30, 2019, was 26,828,503.Statement of Cash Flowsfor the Years Ended June 30,Cash FromOperating activitiesNoncapital financing activitiesCapital financing activitiesInvesting activitiesNet Change in CashCash, Beginning of YearCash, End of Year20192018 011,033 17,953,241 5,127,837 17,011,033The District's Fiduciary ResponsibilityThe District is the trustee, or fiduciary, for certain amounts held on behalf of the students, clubs and donors forstudent loans and scholarships. The District's fiduciary activities are reported in separate Statements ofFiduciary Net Position and Changes in Fiduciary Net Position. These activities are excluded from the District'sother financial statements because we cannot use these assets to finance operations. The District is responsiblefor ensuring that the assets reported in these funds are used for their intended purposes.10
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019Capital AssetsA comparison of capital assets, net of depreciation, is summarized below:LandBuildings and improvementsFurniture and equipmentTotal 2019119,46247,812,2611,174,01049,105,733 2018119,46248,672,0101,242,36450,033,836Net Change (859,749)(68,354)(928,103)The decrease in fixed assets is attributable accumulated depreciation growing faster than asset purchases.Note 6 in the financial statements provides additional information on capital assets.Long-Term ObligationsAt June 30, 2019, the District had 19,666,751 in long-term obligations. A comparison of long-term obligationsis summarized below:Compensated AbsencesAggregate net pensions obligationTotal 2019627,94819,038,80319,666,751 2018425,86918,333,83518,759,704Net Change202,079704,968 907,047 Note 10 and Note 13 in the financial statements provides additional information on long-term obligations.GENERAL FUND BUDGETARY HIGHLIGHTSOver the course of the year, the District revises its budget to provide for unanticipated changes in revenues andexpenditures.As stated in the prior year, the District did not end up seeing the anticipated increase in funding of14.35 percent. Funding was increased 2.71 percent for COLA and the new funding formula provided anadditional 4.63 percent for a total addition of 1,393,802.ECONOMIC FACTORS BEARING ON THE DISTRICT'S FUTUREThe economic outlook is holding steady, although most economic pundits are predicting that a recession willoccur within the next couple of years. Cash flow for the district continues to be stable. The past few years haveseen an increase in Restricted Funding in order to advance different state initiatives such as, Guided Pathways,Equity, Strong Workforce and Student Success. Those funding streams are currently stable. The Chancellor'sOffice is refining the Student Centered Funding Formula in order to align the State Budget with each District'sapportionment. We continue to be extremely conservative in order to be prepared for any funding changes thatmight occur.11
BARSTOW COMMUNITY COLLEGE DISTRICTMANAGEMENT'S DISCUSSIONS AND ANALYSISJUNE 30, 2019CONTACTING THE DISTRICTThis financial report is designed to provide our citizens, taxpayers, students, and investors and creditors with ageneral overview of the District's finances and to show the District's accountability for the money it receives. Ifyou have questions about this report or need any additional financial information, contact the District at:Barstow Community College District, 2700 Barstow Road, Barstow, California 92311.12
BARSTOW COMMUNITY COLLEGE DISTRICTSTATEMENT OF NET POSITION – PRIMARY GOVERNMENTJUNE 30, 2019ASSETSCurrent AssetsCash and cash equivalentsInvestmentsAccounts receivableStudent receivablesDue from fiduciary fundsPrepaid expensesTotal Current AssetsNoncurrent AssetsNondepreciable capital assetsDepreciable capital assets, net of depreciationNet other postemployment benefits (OPEB) AssetTotal Noncurrent AssetsTOTAL ASSETSDEFERRED OUTFLOWS OF RESOURCESDeferred outflows of resources related to OPEBDeferred outflows of resources related to pensionsTOTAL DEFERRED OUTFLOWS OF RESOURCESLIABILITIESCurrent LiabilitiesAccounts payableDue to fiduciary fundsUnearned revenueTotal Current LiabilitiesNoncurrent LiabilitiesCompensated absencesAggregate net pension obligationTotal Noncurrent LiabilitiesTOTAL LIABILITIESDEFERRED INFLOWS OF RESOURCESDeferred inflows of resources related to OPEBDeferred inflows of resources related to pensionsTOTAL DEFERRED INFLOWS OF RESOURCESNET POSITIONNet investment in capital assetsRestricted for:Capital projectsEducational programsUnrestricted deficitTOTAL NET POSITIONThe accompanying notes are an integral part of these financial statements.13 951,512,3601,543,45549,105,733 10,190,2861,990,357(8,393,760)52,892,616
BARSTOW COMMUNITY COLLEGE DISTRICTSTATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION – PRIMARY GOVERNMENTFOR THE YEAR ENDED JUNE 30, 2019OPERATING REVENUESStudent Tuition and FeesLess: Scholarships discount and allowancesNet tuition and feesGrants and Contracts, NoncapitalFederalStateLocalTotal grants and contracts, noncapitalTOTAL OPERATING REVENUES 8,899,9999,763,116OPERATING EXPENSESSalariesEmployee benefitsSupplies, materials, and other operating expenses and servicesStudent financial aidDepreciationTOTAL OPERATING 7,66939,668,749OPERATING LOSS(29,905,633)NONOPERATING REVENUESState apportionments, noncapitalFederal financial aid grants, noncapitalState financial aid grants, noncapitalLocal property taxes, levied for general purposesState taxes and other revenuesInvestment incomeOther nonoperating revenueTOTAL NONOPERATING 54328,7761,777,77529,520,477CHANGE IN NET POSITIONNET POSITION, BEGINNING OF YEARNET POSITION, END OF YEAR(385,156)53,277,77252,892,616 The accompanying notes are an integral part of these financial statements.14
BARSTOW COMMUNITY COLLEGE DISTRICTSTATEMENT OF CASH FLOWS – PRIMARY GOVERNMENTFOR THE YEAR ENDED JUNE 30, 2019CASH FLOWS FROM OPERATING ACTIVITIESTuition and feesGrants and contractsPayments to or on behalf of employeesPayments to vendors for supplies and servicesPayments to students for scholarships and grantsNet Cash Flows From Operating Activities )(26,828,503)CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIESState apportionmentsFinancial aid grantsProperty taxes - nondebt relatedState taxes and other revenuesOther nonoperating revenuesNet Cash Flows From Noncapital Financing ,56528,589,967CASH FLOWS FROM CAPITAL FINANCING ACTIVITIESPurchase of capital assets(1,048,469)CASH FLOWS FROM INVESTING ACTIVITIESInterest received from investmentsNET CHANGE IN CASH AND CASH EQUIVALENTSCASH AND CASH EQUIVALENTS, BEGINNING OF YEARCASH AND CASH EQUIVALENTS, END OF YEARThe accompanying notes are an integral part of these financial statements.15229,213 942,20817,011,03317,953,241
BARSTOW COMMUNITY COLLEGE DISTRICTSTATEMENT OF CASH FLOWS – PRIMARY GOVERNMENT, (CONTINUED)FOR THE YEAR ENDED JUNE 30, 2019RECONCILIATION OF OPERATING LOSS TO NET CASHFLOWS FROM OPERATING ACTIVITIESOperating LossAdjustments to Reconcile Operating Loss to Net CashFlows From Operating Activities:Depreciation expenseChanges in Assets, Deferred Outflows, Liabilities, and Deferred InflowsAccounts receivablePrepaid expensesAccounts payableUnearned revenueCompensated absencesAggregate net pension obligationAggregate net OPEB assetDeferred outflows of resources related to pensionsDeferred outflows of resources related to aggregate net OPEB assetDeferred inflows of resources related to pensionsDeferred inflows of resources related to aggregate net OPEB assetTotal AdjustmentsNet Cash Flows From Operating Activities 0953,077,130 (26,828,503)CASH AND CASH EQUIVALENTS CONSIST OF THE FOLLOWING:Cash in banksCash with County TreasuryTotal Cash and Cash Equivalents 113,89617,839,34517,953,241NON CASH TRANSACTIONSOn behalf payments for benefits 1,232,734The accompanying notes are an integral part of these financial statements.16
BARSTOW COMMUNITY COLLEGE DISTRICTFIDUCIARY FUNDSSTATEMENT OF NET POSITIONJUNE 30, 2019RetireeOPEBTrustASSETSCash and cash equivalentsInvestmentsAccounts receivableDue from primary governmentTotal Assets LIABILITIESAccounts payableDue to primary governmentTotal LiabilitiesNET POSITIONRestricted for postemployment benefitsother than pensionsRestrictedUnrestrictedTotal Net Position The accompanying notes are an integral part of these financial statements.174,618,4234,618,423OtherTrust Funds 6,4894,409,4354,409,4356,659169,793176,452
BARSTOW COMMUNITY COLLEGE DISTRICTFIDUCIARY FUNDSSTATEMENT OF CHANGES IN NET POSITIONFOR THE YEAR ENDED JUNE 30, 2019RetireeOPEBTrustADDITIONSDistrict contributionsLocal re
Barstow Community College District's financial statements are presented in accordance with Governmental Accounting Standards Board Statements (GASB) No. 34, Basic Financial Statements - and Management's Discussion and Analysis - for State and Local Governments, and No. 35, Basic Financial Statements - and
