FAC Explorer

Audit 289852

FY End
2023-06-30
Total Expended
$15.36M
Findings
2
Programs
44
Organization: Stanly County Board of Education (NC)
Year: 2023 Accepted: 2024-02-12
Auditor: Anderson Smith & Wike PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
366810 2023-001 Material Weakness Yes C
943252 2023-001 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
84.425 Arp - Esser III - K-12 Emergency Relief Fund $3.76M Yes 0
10.555 National School Lunch Program $2.76M Yes 0
84.010 Title I Grants to Local Educational Agencies - Educationally Deprived Children $2.13M - 0
84.027 Individuals with Disabilities Education Act - Grants to States $1.86M Yes 0
84.425 Crrsa - Esser II - K-12 Emergency Relief Fund $1.48M Yes 1
10.553 School Breakfast Program $879,833 Yes 0
10.555 National School Lunch Program (commodities) $324,189 Yes 0
84.184 School Climate Transformation Grant - Lea Grants $271,601 - 0
10.559 Supply Chain Assistance $221,624 Yes 0
84.367 Supporting Effeective Instruction State Grants $166,287 - 0
84.048 Basic Grants to States - Program Development $139,060 - 0
84.425 Crrsa - Esser II - Learning Loss Funding $139,034 Yes 0
84.027 Arp - Esser III - Grants to States $138,227 Yes 0
84.318 Title II - Educational Technology $128,044 - 0
93.994 School Nurse Funding Initiative $100,000 - 0
84.425 Arp - Esser III - Cyberbullying & Suicide Prevention Grants $84,827 Yes 0
84.336 Teacher Quality Partnership Grants $80,610 - 0
84.425 Cares Act - Esser I - Exceptional Children Grants $66,692 Yes 0
84.425 Crrsa - Esser II - Summer Career Accelerator Program $66,250 Yes 0
10.559 Summer Food Service Program for Children $60,711 Yes 0
84.425 Cares Act - Esser I - Sp. Inst. Supp. Pers. for Covid-19 Resp $55,926 Yes 0
12.000 Jrotc $54,377 - 0
84.425 Crrsa - Esser II - Supp. Contracted Inst. Support Funding $53,762 Yes 0
84.425 Crrsa - Esser II - Competency-Based Assessment $45,035 Yes 0
84.173 Individuals with Disabilities Education Act - Preschool Handicapped $43,069 Yes 0
84.173 Arp - Esser III - Preschool Grants $41,138 Yes 0
84.425 Arp - Esser III - Gaggle Grants $26,523 Yes 0
84.287 21st Century Community Learning Center $24,426 - 0
10.555 After School Snack Program $24,011 Yes 0
84.425 Cares Act - Esser I - Digital Curricula $21,662 Yes 0
84.365 English Language Acquisition Grants $18,569 - 0
84.425 Arp - Esser III - Principal Retention Supplements $15,585 Yes 0
10.185 Local Food for Schools Cooperative Agreement Program $15,235 - 0
84.027 Individuals with Disabilities Education Act - Targeted Assistance $15,233 Yes 0
84.010 Title I - School Improvement Grant $12,245 - 0
84.425 Arp - Esser III - Homeless II $8,568 Yes 0
84.425 Arp - Esser III - School Psychologists Grant Program $5,320 Yes 0
10.579 Child Nutrition Equipment $5,229 Yes 0
84.323 Title Vi-B, Education of the Handicapped $4,654 - 0
84.425 Arp - Esser III - Homeless I $3,836 Yes 0
84.425 Arp - Esser III - Grants for Id & Location of Missing Students $2,878 Yes 0
84.173 Individuals with Disabilities Education Act - Targeted Assistance for Preschool $71 Yes 0
84.196 Homeless Assistance Act $45 - 0
84.425 Cares Act - K-12 Emergency Relief Fund - Esser I $24 Yes 0

Contacts

Name Title Type
HHFBDU1EL968 Terry Dudney Auditee
7049613000 Andy Deal, CPA Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Stanly County Board of Education under the programs of the federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Stanly County Board of Education, it is not intended to and does not present the financial position, changes in net assets or cash flows of Stanly County Board of Education.

Finding Details

Finding 2023-001
Cash Management – Noncompliance and Material Weakness U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Name: COVID-19 – Education Stabilization Fund Assistance Listing Number: 84.425 Criteria: Under program requirements, federal grant funds must be disbursed within two business days from the date the funds are deposited into the Board’s account. Condition: $959,865 of program funding was held by the Board for over two years. Effect: The Board is not in compliance with federal program requirements. Cause: The Board did not have proper internal controls in place to monitor federal cash balances to ensure federal funds were disbursed or returned to the oversight agency in a timely manner. Questioned costs: None as the funds were held and not expended. Identification of a repeat finding: This is a repeat finding from the previous audit. Recommendation: We recommend that management implement controls so that federal funds are expended or returned to the oversight agency in a timely manner. Management Response: The Board agrees with this finding and recommendation.
Finding 2023-001
Cash Management – Noncompliance and Material Weakness U.S. Department of Education Passed Through the N.C. Department of Public Instruction Program Name: COVID-19 – Education Stabilization Fund Assistance Listing Number: 84.425 Criteria: Under program requirements, federal grant funds must be disbursed within two business days from the date the funds are deposited into the Board’s account. Condition: $959,865 of program funding was held by the Board for over two years. Effect: The Board is not in compliance with federal program requirements. Cause: The Board did not have proper internal controls in place to monitor federal cash balances to ensure federal funds were disbursed or returned to the oversight agency in a timely manner. Questioned costs: None as the funds were held and not expended. Identification of a repeat finding: This is a repeat finding from the previous audit. Recommendation: We recommend that management implement controls so that federal funds are expended or returned to the oversight agency in a timely manner. Management Response: The Board agrees with this finding and recommendation.