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).
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.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The September 30, 2022 ARP ID and ARP PS expenditure reports, the December 31, 2022 IDEA Pre-K, IDEA Flow-Through, ARP ID and ARP PS expenditure reports, the March 31, 2023 ARP ID and ARP PS expenditure reports, and the June 30, 2023 Digital Equity 4 expenditure reports were not filed within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The September 30, 2022 ESSER III expenditure report was not filed within the required timeframe.
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.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The June 30th, 2023 Digital Equity 4 expenditure report was not filed within the required timeframe.
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).
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.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The September 30, 2022 ARP ID and ARP PS expenditure reports, the December 31, 2022 IDEA Pre-K, IDEA Flow-Through, ARP ID and ARP PS expenditure reports, the March 31, 2023 ARP ID and ARP PS expenditure reports, and the June 30, 2023 Digital Equity 4 expenditure reports were not filed within the required timeframe.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The September 30, 2022 ESSER III expenditure report was not filed within the required timeframe.
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.
Expenditure reports are required to be submitted to ISBE on a timely basis each quarter. The June 30th, 2023 Digital Equity 4 expenditure report was not filed within the required timeframe.