Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/23 expenditure report for McKinney Vento Homeless was not submitted within the required timeframe.
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 one month 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.
The District is responsible for the 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).
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/22 Title I - Low Income, IDEA Pre-K, IDEA Flow-Through, Early Childhood Block Grant, ARP ID and ARP PS expenditure report, and the 6/30/23 McKinney Vento Homeless, Ag Education - 20 and Ag Education - 30 expenditure reports were not filed within the required time frame.
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.
The District is required to file an accurate expenditure report. The 6/30/23 Title I - Low Income expenditure report reflects expenditures that were not supported by the District's documentation of the program for fiscal year 2023.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 6/30/23 expenditure report for McKinney Vento Homeless was not submitted within the required timeframe.
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 one month 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.
The District is responsible for the 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).
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The 9/30/22 Title I - Low Income, IDEA Pre-K, IDEA Flow-Through, Early Childhood Block Grant, ARP ID and ARP PS expenditure report, and the 6/30/23 McKinney Vento Homeless, Ag Education - 20 and Ag Education - 30 expenditure reports were not filed within the required time frame.
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.
The District is required to file an accurate expenditure report. The 6/30/23 Title I - Low Income expenditure report reflects expenditures that were not supported by the District's documentation of the program for fiscal year 2023.