FAC Explorer

Audit 305049

FY End
2022-06-30
Total Expended
$1.17M
Findings
2
Programs
10
Organization: Riceville Community School District (IA)
Year: 2022 Accepted: 2024-04-30
Auditor: Nolte Cornman & Johnson

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
395124 2022-002 Material Weakness Yes ABFL
971566 2022-002 Material Weakness Yes ABFL

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $644,164 Yes 1
10.555 National School Lunch Program $263,322 - 0
10.553 School Breakfast Program $74,933 - 0
84.010 Title I Grants to Local Educational Agencies $70,272 - 0
84.358 Rural Education $39,920 - 0
10.559 Summer Food Service Program for Children $23,984 - 0
84.367 Improving Teacher Quality State Grants $19,698 - 0
84.424 Student Support and Academic Enrichment Program $10,000 - 0
84.048 Career and Technical Education -- Basic Grants to States $7,243 - 0
84.027 Special Education_grants to States $2,369 - 0

Contacts

Name Title Type
KCAFJY7JM3G1 Jennifer Dunn Auditee
6419852288 Nancy Janssen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported in the Schedule are reported on the accrual or modified accrual 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2022-001.
Finding 2022-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2022-001.