FAC Explorer

Audit 23711

FY End
2022-06-30
Total Expended
$1.04M
Findings
4
Programs
6
Organization: Hollis-Brookline Cooperative School District (NH)
Year: 2022 Accepted: 2023-04-17
Auditor: Roberts & Greene PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
23380 2022-001 - - N
23381 2022-001 - - N
599822 2022-001 - - N
599823 2022-001 - - N

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $512,641 Yes 1
84.027 Special Education_grants to States $322,801 - 0
10.553 School Breakfast Program $96,339 Yes 1
84.425 Education Stabilization Fund $80,420 - 0
84.367 Improving Teacher Quality State Grants $20,186 - 0
84.424 Student Support and Academic Enrichment Program $8,950 - 0

Contacts

Name Title Type
JGRSNUVC8E87 Kelly Seeley Auditee
6033245999 Tim Greene Auditor
No contacts on file

Notes to SEFA

Title: Commodities Accounting Policies: Expenditures on the schedule are reported on the 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. Passthrough entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Included in the expenditures reported under the National School Lunch Program is the value of food commodities received during the year from the U.S. Department of Agriculture Surplus Distribution Program.

Finding Details

Finding 2022-001
Criteria: Sections 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The Food Service Fund net cash resources were in excess of the maximum allowable amount by $378,660. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with this requirement. Recommendation: We recommend that the School District develop and implement a spenddown plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Sections 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The Food Service Fund net cash resources were in excess of the maximum allowable amount by $378,660. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with this requirement. Recommendation: We recommend that the School District develop and implement a spenddown plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Sections 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The Food Service Fund net cash resources were in excess of the maximum allowable amount by $378,660. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with this requirement. Recommendation: We recommend that the School District develop and implement a spenddown plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Sections 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The Food Service Fund net cash resources were in excess of the maximum allowable amount by $378,660. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with this requirement. Recommendation: We recommend that the School District develop and implement a spenddown plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.