Audit 30210

FY End
2022-06-30
Total Expended
$1.69M
Findings
18
Programs
18
Year: 2022 Accepted: 2023-04-05

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
34378 2022-006 - Yes L
34379 2022-003 - Yes L
34380 2022-004 - Yes L
34381 2022-009 - - B
34382 2022-005 - Yes L
34383 2022-007 - Yes L
34384 2022-001 - Yes P
34385 2022-002 - Yes P
34386 2022-008 - - L
610820 2022-006 - Yes L
610821 2022-003 - Yes L
610822 2022-004 - Yes L
610823 2022-009 - - B
610824 2022-005 - Yes L
610825 2022-007 - Yes L
610826 2022-001 - Yes P
610827 2022-002 - Yes P
610828 2022-008 - - L

Contacts

Name Title Type
LEK2LJ71LY84 Tim Vincent Auditee
8157773086 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 Galena Unit School District No. 120 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 minimis cost rate. See the Notes to the SEFA for information regarding non cash assistance.

Finding Details

Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
The District is responsible for preparation of accurate expenditure reports. The District claimed expenditures which were not supported by proper documentation for the program. Expenditures claimed in excess of documented IDEA Flow-Through program expenditures total $27.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's website. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
The District is responsible for the preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Adjustments were needed to properly report certain items of revenue and expense in accordance with provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
The district treasurer failed to comply with the bonding requirements pursuant to Illinois School Code. The treasurer's bonds in force were not sufficient to meet the bonding requirement for several months in fiscal year 2022. Illinois School Code requires each district treasurer to be bonded for at least 25% of the total funds in his/her custody.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
The District is responsible for preparation of accurate expenditure reports. The District claimed expenditures which were not supported by proper documentation for the program. Expenditures claimed in excess of documented IDEA Flow-Through program expenditures total $27.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's website. The district filed the 9/30/21 expenditure report late.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.
The District is responsible for the preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Adjustments were needed to properly report certain items of revenue and expense in accordance with provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).
The district treasurer failed to comply with the bonding requirements pursuant to Illinois School Code. The treasurer's bonds in force were not sufficient to meet the bonding requirement for several months in fiscal year 2022. Illinois School Code requires each district treasurer to be bonded for at least 25% of the total funds in his/her custody.
Quarterly expenditure reports are to be filed within 20 days of the end of the quarter, per ISBE's guidelines. The district filed the 9/30/21 expenditure report late.