FAC Explorer

Audit 301558

FY End
2023-06-30
Total Expended
$1.69M
Findings
6
Programs
17
Organization: Rockton School District No. 140 (IL)
Year: 2023 Accepted: 2024-04-01
Auditor: Benning Group LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
390842 2023-001 Significant Deficiency Yes P
390843 2023-002 - Yes L
390844 2023-003 - - B
967284 2023-001 Significant Deficiency Yes P
967285 2023-002 - Yes L
967286 2023-003 - - B

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund Esser III $475,443 Yes 3
10.555 National School Lunch $348,315 - 0
84.027 Special Education Grants to States $335,191 - 0
84.010 Title I Grants to Local Educational Agencies $175,435 Yes 0
10.555 Crrsa Child Nutrition Emergency Funding $84,627 - 0
84.425 Education Stabilization Fund D3 $53,200 Yes 0
10.555 Dod Fresh Fruits and Vegetables Program $38,848 - 0
84.367 Improving Teacher Quality State Grants Title II $37,579 - 0
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $28,972 - 0
93.778 Medical Assistance Program $27,170 - 0
10.553 School Breakfast Program $25,184 - 0
10.555 Commodities Program $22,523 - 0
84.424 Student Support and Academic Enrichment Program Title IV $16,480 - 0
84.173 Special Education Preschool Grants $11,894 - 0
84.425 Education Stabilization Fund Arp Hl $4,800 Yes 0
10.556 Special Milk Program for Children $1,563 - 0
10.649 Pandemic Ebt Administrative Costs $628 - 0

Contacts

Name Title Type
LWP6NA744GG5 Glenn Terry Auditee
8156247143 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 Rockton School District No. 140 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirement of the Office of Management and Budget Uniform Administrative Requirement. 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 minimum cost rate. See table in Notes to SEFA for information.

Finding Details

Finding 2023-001
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the District treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
Finding 2023-002
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2023 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
Finding 2023-003
The District is required to file an accurate expenditure report. The 6/30/23 ESSER III expenditure report reflects expenditures that were not supported by the District's documentation of the program for fiscal year 2023.
Finding 2023-001
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the District treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
Finding 2023-002
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2023 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
Finding 2023-003
The District is required to file an accurate expenditure report. The 6/30/23 ESSER III expenditure report reflects expenditures that were not supported by the District's documentation of the program for fiscal year 2023.