Page 17 - The Edge - BTS 2021

YOU HAVE WHAT

IT TAKES TO
MAKE

GREAT SCHOOLS.
THANK YOU!!

Financing Potential
F
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Stifel is proud to collaborate with Arizona school districts by providing
comprehensive investment banking and finance consulting services.
Bob Casillas Grant Hamill M ichael LaV allee
B
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Michael LaVallee
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Managing Director Managing Director Managing Director
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Bryan Lundberg Mark Reader R andie S t ein
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Randie Stein
A special thank you to all of our school district partners. Managing Director Managing Director Managing Director
We’re proud and humbled to have the honor of working Sandra Day Ken Cher evk a Jack Leeper
S
andr
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Ken Cherevka
Jack L
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with such excellent talent throughout Arizona. Director Assistant Vice President Assistant Vice President
2801 E. Camelback Rd., Suite 300 | Phoenix, AZ 85016 | (602) 794-4000
EDUCATIONALSERVICESINC.COM
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Member SIPC & NYSE | www.stifel.com/publicfinance
State Auditors Are There to Help with Procurement Rules and Regulations
CONTINUED FROM PAGE 15
vehicle has a fuel leak and needs maintenance ready to attend an event on Monday.
or the employee is using it for personal use,
Gustafson said. “If employees know management is reviewing
– that can help,” she said. “They know you’re
“Gift card purchases are especially risky,” she following them.”
said. “They’re like cash and can be used for
almost anything.” So why is all this information important? Smith
explained it’s to comply with rules and statutes,
Other red flags are multiple same-day purchases to avoid purchasing sub-standard goods and
at the same vendor, purchases inconsistent services, to avoid risking health and safety, and
with job duties and purchases in excess of the to not overspend taxpayer dollars.
spending limit.
“It’s always important to remember the headline
“It’s important to investigate red flags,” test – something you wouldn’t want your mother
Gustafson said. “It might be just an error or to see,” Smith said.
might be appropriate.”
Megan Smith can be reached at: msmith@azauditor.gov
For example, a fuel purchase on a Sunday Paula Gustafson can be reached at: pgustafson@azauditor.gov
afternoon could mean an employee is getting

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