Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-06 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: Department of Education Cross-Cutting COVID-19 ? Education Stabilization Fund (AL #: 84.425); Title I, Grants to Local Educational Agencies (AL #: 84.010) Child Nutrition Cluster (AL #?s: 10.555, 10.559, 10.579, 10.582) Non-material Non-compliance ? Special Tests and Provisions Criteria: On an annual basis, sales tax refunds should be filed with the state in order to properly recoup and offset those expenditures. Condition: The sales tax refund for the fiscal year ended June 30, 2022 has not been prepared and filed. The Board records purchases including sales tax paid as expenditures. Effect: Sales tax costs were not reimbursed to federal programs during the year. Cause: Lack of Management oversight of the year-end close out procedures. Questioned Costs: Undetermined. Identification of a repeat finding: This is a repeat finding from the immediate previous audit, Finding 2021-009. Recommendation: Management should review the process for ensuring sales tax refunds are filed in a timely manner each year. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.
Finding 22-07 U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Names: COVID-19 ? Education Stabilization Fund (AL #: 84.425) Special Education Cluster (AL #?s: 84.027 and 84.173) MATERIAL WEAKNESS Compliance ? Cash Management Criteria: Controls should ensure that bank reconciliations are prepared in a timely manner each month to enable the Board to make timely decisions based upon accurate data. Condition: State bank account reconciliations were not prepared in a timely manner during the year. Effect: Since bank account reconciliations were not performed in a timely manner, management decisions could have been made by the Board while relying upon inaccurate financial reporting. Cause: Lack of oversight by management. Questioned costs: None. Identification of a repeat finding: This is not a repeat finding from the immediate previous audit. Recommendation: We recommend that management implement controls and procedures to ensure that State bank account reconciliations are performed in a timely manner each month. Views of responsible officials and planned corrective actions: The Board of Education agrees with this finding. Management will take the necessary actions as described in the Corrective Action Plan.