FAC Explorer

Audit 15323

FY End
2023-06-30
Total Expended
$4.12M
Findings
6
Programs
12
Organization: Waverly Central School District (NY)
Year: 2023 Accepted: 2024-02-02
Auditor: Insero & CO Cpa's LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
11498 2023-002 - Yes C
11499 2023-002 - Yes C
11500 2023-002 - Yes C
587940 2023-002 - Yes C
587941 2023-002 - Yes C
587942 2023-002 - Yes C

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $736,680 - 1
10.553 School Breakfast Program $278,776 - 1
10.649 Pandemic Ebt Administrative Costs $51,246 - 0
84.367 Improving Teacher Quality State Grants $50,246 - 0
84.010 Title I Grants to Local Educational Agencies $45,302 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $38,392 - 0
84.424 Student Support and Academic Enrichment Program $32,397 - 0
84.287 Twenty-First Century Community Learning Centers $22,849 - 0
10.559 Summer Food Service Program for Children $22,318 - 1
84.425 Education Stabilization Fund $8,781 Yes 0
84.027 Special Education_grants to States $2,128 - 0
84.173 Special Education_preschool Grants $2,028 - 0

Contacts

Name Title Type
PD2KK5PY4JL3 Kathy Rote Auditee
6075652841 Benjamin Owens Auditor
No contacts on file

Notes to SEFA

Title: Matching Costs Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs administered by the Waverly Central School District (the School District), an entity as defined in Note 1 to the School District's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore some amounts presented in this schedule may differ from amounts presented, or used, in preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data presented. The School District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. Matching costs, such as the School District's share of certain program costs, are not included in the reported expenditures.
Title: Non-Monetary Federal Program Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs administered by the Waverly Central School District (the School District), an entity as defined in Note 1 to the School District's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore some amounts presented in this schedule may differ from amounts presented, or used, in preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data presented. The School District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The School District is the recipient of a federal award program that does not result in cash receipts or disbursements termed a “non-monetary program.” During the year ended June 30, 2023, the School District received $95,799worth of commodities under the National School Lunch Program (ALN #10.555).
Title: Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs administered by the Waverly Central School District (the School District), an entity as defined in Note 1 to the School District's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore some amounts presented in this schedule may differ from amounts presented, or used, in preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data presented. The School District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. No amounts were provided to subrecipients.
Title: Other Disclosures Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs administered by the Waverly Central School District (the School District), an entity as defined in Note 1 to the School District's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore some amounts presented in this schedule may differ from amounts presented, or used, in preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data presented. The School District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. No insurance is carried specifically to cover equipment purchased with federal funds. Any equipment purchased with federal funds has only a nominal value and is covered by the School District’s casualty insurance policies. There were no loans or loan guarantees outstanding at year end.

Finding Details

Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.
Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.
Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.
Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.
Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.
Finding 2023-002
Finding 2023-002 Issue: Net Cash Resources Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Number: 10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Condition: At June 30, 2023, net cash resources in the School Lunch Fund exceeded the allowable limit cash by $655,717. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed three months average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with §210.19(a). Cause/Effect: Expenditures in the School Lunch Fund were less in the 2022-2023 fiscal year due to COVID-19. As a result, the base used to calculate the allowable limit was considerably reduced. Also contributing to the excess cash resources was an increase in the reimbursement rates, causing a 25% increase in revenue. As a result, the School District is not in compliance with 7 CFR §210.19(a). Questioned Costs: None known. Context: The amount over the allowable limit of $320,893 in the amount of $655,717 at June 30, 2023, and compares with the amounts over the allowable limit in years ended June 30, 2022 and 2021 of $509,953 and $260,989, respectively. Repeat Finding: The finding is a repeat of finding 2022-02 from the prior year. Recommendation: We recommend the School District review its net cash resources in the school lunch fund and develop a plan to reduce them to an allowable amount. Management Response: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased some new equipment for the cafeteria. Since the School District is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.