FAC Explorer

Audit 2118

FY End
2022-06-30
Total Expended
$811,867
Findings
2
Programs
9
Organization: North Tama County Community School District (IA)
Year: 2022 Accepted: 2023-11-02
Auditor: Nolte Cornman & Johnson PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1111 2022-003 Material Weakness - ABFL
577553 2022-003 Material Weakness - ABFL

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $353,532 Yes 1
10.555 National School Lunch Program $284,692 - 0
84.010 Title I Grants to Local Educational Agencies $71,293 - 0
10.553 School Breakfast Program $28,150 - 0
84.358 Rural Education $25,148 - 0
84.367 Improving Teacher Quality State Grants $15,440 - 0
84.424 Student Support and Academic Enrichment Program $10,000 - 0
84.027 Special Education_grants to States $3,074 - 0
10.649 Pandemic Ebt Administrative Costs $614 - 0

Contacts

Name Title Type
YJ7AKTCRB3N3 Sara Forrester Auditee
3194782265 Nancy Janssen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported in the Schedule are reported on the accrual or modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate

Finding Details

Finding 2022-003
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to major federal programs; cash, investments, inventories, receipts, disbursements, transfers, computers systems, financial reporting, journal entries and school nutrition program. See finding 2022-001.
Finding 2022-003
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to major federal programs; cash, investments, inventories, receipts, disbursements, transfers, computers systems, financial reporting, journal entries and school nutrition program. See finding 2022-001.