FAC Explorer

Audit 304371

FY End
2023-06-30
Total Expended
$3.57M
Findings
16
Programs
15
Organization: Pontiac Community Consolidated School District No. 429 (IL)
Year: 2023 Accepted: 2024-04-24
Auditor: Gorenz and Associates LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
394363 2023-002 Significant Deficiency Yes C
394364 2023-002 Significant Deficiency Yes C
394365 2023-002 Significant Deficiency Yes C
394366 2023-002 Significant Deficiency Yes C
394367 2023-002 Significant Deficiency Yes C
394368 2023-002 Significant Deficiency Yes C
394369 2023-002 Significant Deficiency Yes C
394370 2023-002 Significant Deficiency Yes C
970805 2023-002 Significant Deficiency Yes C
970806 2023-002 Significant Deficiency Yes C
970807 2023-002 Significant Deficiency Yes C
970808 2023-002 Significant Deficiency Yes C
970809 2023-002 Significant Deficiency Yes C
970810 2023-002 Significant Deficiency Yes C
970811 2023-002 Significant Deficiency Yes C
970812 2023-002 Significant Deficiency Yes C

Programs

ALN Program Spent Major Findings
84.027 Special Education_grants to States $294,405 - 0
93.778 Medical Assistance Program $191,820 - 0
10.553 School Breakfast Program $168,264 Yes 1
84.027 Covid-19 - Special Education_grants to States $66,255 - 0
10.555 National School Lunch Program $62,564 Yes 1
10.560 Covid-19 - State Administrative Expenses for Child Nutrition $25,328 - 0
84.358 Rural Education $23,422 - 0
84.424 Student Support and Academic Enrichment Program $22,099 - 0
84.367 Improving Teacher Quality State Grants $19,415 - 0
84.425 Covid-19 - Education Stabilization Fund $18,785 Yes 0
84.173 Special Education_preschool Grants $13,065 - 0
84.173 Covid-19 - Special Education_preschool Grants $6,518 - 0
10.649 Covid-19 - Pandemic Ebt Administrative Costs $3,135 - 0
84.010 Title I Grants to Local Educational Agencies $2,056 - 0
10.556 Special Milk Program for Children $1,784 Yes 1

Contacts

Name Title Type
PCHJYLCKYQH3 Mike Weaver Auditee
8158421533 Jason A Hohulin, CPA Auditor
No contacts on file

Notes to SEFA

Title: Note 1: Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District. De Minimis Rate Used: N Rate Explanation: The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District.
Title: Note 2: Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District. De Minimis Rate Used: N Rate Explanation: The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance. Expenditures reported on the schedule of expenditures of federal awards are reported on the modified cash basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 3: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District. De Minimis Rate Used: N Rate Explanation: The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance. The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance.
Title: Note 4: Non‐Cash Assistance Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District. De Minimis Rate Used: N Rate Explanation: The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance. Non‐cash assistance is reported in the schedule of federal awards at the fair market value of the nonmonetary assistance received and disbursed as follows. The District received nonmonetary assistance under Assistance Listing number 10.555 as noted in the accompanying schedule of expenditures of federal awards.
Title: Note 5: Other Information Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the District. De Minimis Rate Used: N Rate Explanation: The District has elected not to use 10% de minimis cost rate as allowed the Uniform Guidance. No federal funds were used to purchase insurance coverage during the fiscal year ended June 30, 2023. There were no loans or loan guarantees outstanding as of June 30, 2023. The District had no federal grants which required matching federal expenditures.

Finding Details

Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.
Finding 2023-002
Condition The District has not adequately established internal controls to ensure that net cash resources are being properly monitored. Questioned Costs None. Context The District did not properly calculate a running balance of the net cash resources of the nonprofit school food service nor did they have an understanding of the significance of their calculation. Effect Noncompliance with the federal award program's resource (cash) management requirements could occur and not be detected and corrected timely. Cause Management had not developed an adequate system of internal control to ensure compliance with the Cash Management compliance requirement. Recommendation We recommend that the management establish internal controls related to the cash management compliance requirement to monitor and ensure that the net cash resources of the nonprofit school food service does not exceed 3 months average expenditures. Mangement's response There is no disagreement with this finding and internal controls will be developed to monitor the net cash resources of the nonprofit school food service.