FAC Explorer

Audit 297681

FY End
2023-06-30
Total Expended
$1.41M
Findings
4
Programs
17
Organization: River Bend C.u.s.d. #2 (IL)
Year: 2023 Accepted: 2024-03-26
Auditor: Benning Group LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
384592 2023-001 - Yes P
384593 2023-002 - - P
961034 2023-001 - Yes P
961035 2023-002 - - P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund Esser III $420,056 Yes 2
84.027 Special Education_grants to States $278,148 - 0
10.555 National School Lunch Program $235,424 - 0
32.009 Emergency Connectivity Fund Program $140,000 Yes 0
84.010 Title I Grants to Local Educational Agencies $134,563 - 0
84.027 Special Education_grants to States Arp Idea Ft $51,066 - 0
10.553 School Breakfast Program $24,703 - 0
10.555 Non-Cash Food Commodity $23,202 - 0
84.425 Education Stabilization Fund Esser II $21,866 Yes 0
10.555 Arp Nutrition Supply Chain Assistance $16,136 - 0
84.367 Improving Teacher Quality State Grants $14,894 - 0
84.173 Special Education_preschool Grants $13,018 - 0
93.778 Medical Assistance Program $12,812 - 0
84.424 Student Support and Academic Enrichment Program $11,065 - 0
10.555 Fresh Fruits and Vegetables $8,387 - 0
84.173 Special Education_preschool Grants Arp Idea Ps $5,052 - 0
10.649 Pandemic Ebt Administrative Costs $628 - 0

Contacts

Name Title Type
WHDYXHQJG2E5 Darryl Hogue Auditee
8155892711 Jenny Blocker Auditor
No contacts on file

Notes to SEFA

Title: Non cash assistance Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of River Bend CUSD No. 2 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimus cost rate. See the Notes to the SEFA for information on non cash assistance.

Finding Details

Finding 2023-001
The district is responsible for preparation of accurate financial statements. Material audit adjustments were identified during fiscal year 2023 financial audit. Several adjustments were made in order to properly report certain items of revenue and expense in accordance with the provisions of the Illlinois School Code and the Illinois Program Accounting Manual (IPAM).
Finding 2023-002
One or more custodians of funds failed to comply with the bonding requirements of the Illinois School Code. The treasurer's bond in force was not sufficient to meet the bonding requirement for four months during fiscal year 2023. The Illinois School Code requires the district treasurer to be bonded for at least 25% of the total funds in his/her custody.
Finding 2023-001
The district is responsible for preparation of accurate financial statements. Material audit adjustments were identified during fiscal year 2023 financial audit. Several adjustments were made in order to properly report certain items of revenue and expense in accordance with the provisions of the Illlinois School Code and the Illinois Program Accounting Manual (IPAM).
Finding 2023-002
One or more custodians of funds failed to comply with the bonding requirements of the Illinois School Code. The treasurer's bond in force was not sufficient to meet the bonding requirement for four months during fiscal year 2023. The Illinois School Code requires the district treasurer to be bonded for at least 25% of the total funds in his/her custody.