Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title I - Low Income program (CFDA 84.010A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Fed Sp Ed - IDEA Flow Through program (CFDA 84.027A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Fed Spec Ed - Pre-School Flow Through program (CFDA 84.173) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/22 expenditure report for the IDEA ARP Funding Flow Through program (CFDA 84.027X) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title II - Teacher Quality program (CFDA 84.367A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title IV - Student Support & Academic Enrichment Program (CFDA 84.424) was not submitted within the required timeframe.
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the district treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
The Illinois General Assembly, pursuant to the Illinois Government Ethics Act (5 ILCS 420/4A-101), requires certain individuals, including District board members, certified school business officials, and administrators, to annually file a statement of economic interest with the county clerk's office. The District had one individual who did not file the statement of economic interest by the May 1st deadline.
One or more custodians of funds failed to comply with the bonding requirements of the Illinois School Code. The treasurer's bond in force was not sufficient to meet the bonding requirement for one month during fiscal year 2022. Illinois School Code requires the district treasurer to be bonded for at least 25% of the total funds in his/her custody.
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/22 expenditure report for the ESSER III program (CFDA 84.425U) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title I - Low Income program (CFDA 84.010A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Fed Sp Ed - IDEA Flow Through program (CFDA 84.027A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Fed Spec Ed - Pre-School Flow Through program (CFDA 84.173) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/22 expenditure report for the IDEA ARP Funding Flow Through program (CFDA 84.027X) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title II - Teacher Quality program (CFDA 84.367A) was not submitted within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/21 expenditure report for the Title IV - Student Support & Academic Enrichment Program (CFDA 84.424) was not submitted within the required timeframe.
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the district treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
The Illinois General Assembly, pursuant to the Illinois Government Ethics Act (5 ILCS 420/4A-101), requires certain individuals, including District board members, certified school business officials, and administrators, to annually file a statement of economic interest with the county clerk's office. The District had one individual who did not file the statement of economic interest by the May 1st deadline.
One or more custodians of funds failed to comply with the bonding requirements of the Illinois School Code. The treasurer's bond in force was not sufficient to meet the bonding requirement for one month during fiscal year 2022. Illinois School Code requires the district treasurer to be bonded for at least 25% of the total funds in his/her custody.
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/22 expenditure report for the ESSER III program (CFDA 84.425U) was not submitted within the required timeframe.