2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-009 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The internal controls over the federal expense approval process were not operating properly. As a result, we were unable to review approval for a selection of expenses claimed as part of the Education Stabilization Funds.
Criteria: The District's policy is to have a purchase order signed by the Business Manager for all purchases. For invoices paid with a check, the District's policy is to have three authorized check signors which provides approval for payment. For all other types of payment, the District's policy is inconsistent for expense approval. Proper functioning internal controls would result in the District having consistent control procedures in place for expense approval.
Cause: The system of controls over the Education Stabilization Fund did not operate properly to allow for the District to provide evidence of both the purchase order approval and the disbursement approval for 3 of 60 items selected for testing as part of the allowable cost testwork performed.
Effect: The District was unable to provide documentation to verify these federal expenditures were approved.
Recommendation: The District's internal control system should be modified to document approval of all federal expenditures.
Views of Responsible Officials and Planned Corrective Actions: Going forward, all expenses will have an invoice, PO, Requisition, and any other supporting documentation with the check stub for each purchase on file for 7 years.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.
2023-010 - Education Stabilization Fund - ARP Elementary and Secondary School Emergency Relief Fund - Assistance Listing No. 84.425U; Grant Period - For the year ended June 30, 2023
Condition: The requirements for equipment and real property management require property records to be maintained to include details related to any equipment or real property purchased with federal funds. A physical inventory of the property must also be taken and the results reconciled with the property records at least once every two years. The District does not have a process in place to track equipment and real property purchased with federal funds. The District has also not performed a physical inventory of federally purchased property in the past two years. As a result, equipment claimed under the Education Stabilization Funds were not properly tracked and reconciled.
Criteria: Proper tracking of equipment and real property would result in the District preparing capital asset records to identify equipment and real property purchased with federal funds. Equipment and real property purchased with federal funds is required to be tracked separately and a physical inventory performed every two years.
Cause: The District did not have procedures in place to track capital assets, nor did the District have a process in place to have a physical inventory once every two years.
Effect: The District was unable to provide capital asset records to verify equipment purchased using federal funds was identified and tracked separately.
Recommendation: The District should implement an internal capital asset tracking process as well as obtain a physical inventory of their capital asset records for capital assets acquired with federal funds.
Views of Responsible Officials and Planned Corrective Actions: A capital asset list has been created with all assets being added for past and future. The District has made contact with a third party company to come to the District in March 2024 to prepare a physical inventory of capital assets.