FAC Explorer

Audit 308051

FY End
2023-06-30
Total Expended
$4.93M
Findings
2
Programs
11
Organization: Calumet Public School District 132 (IL)
Year: 2023 Accepted: 2024-06-04
Auditor: Lauterbach & Amen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
399909 2023-001 Material Weakness - P
976351 2023-001 Material Weakness - P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $220,490 Yes 0
10.553 School Breakfast Program $144,177 Yes 0
84.367 Improving Teacher Quality State Grants $102,077 - 0
10.582 Fresh Fruit and Vegetable Program $54,472 - 0
10.555 National School Lunch Program $53,668 Yes 0
93.778 Medical Assistance Program $36,655 - 0
84.365 English Language Acquisition State Grants $11,485 - 0
84.010 Title I Grants to Local Educational Agencies $10,000 - 0
84.424 Student Support and Academic Enrichment Program $8,287 - 0
84.173 Special Education_preschool Grants $2,600 - 0
84.027 Special Education_grants to States $1,796 - 0

Contacts

Name Title Type
YENBQ5WN5HZ3 Dr. Marcus Alexander Auditee
7083888920 Don Shaw Auditor
No contacts on file

Notes to SEFA

Title: NONCASH TRANSACTIONS Accounting Policies: BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the School 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 Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the School District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the School District. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures Expenditures reported on the Schedule are reported on the cash basis of accounting. Pass-Through Entities Pass-through entity identifying numbers are presented on the Schedule where available. De Minimis Rate Used: N Rate Explanation: The School District has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414. The School District received $96,875 of Federal non-cash commodities passed through the Illinois State Board of Education.
Title: SUBRECIPIENT RELATIONSHIPS Accounting Policies: BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the School 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 Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the School District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the School District. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures Expenditures reported on the Schedule are reported on the cash basis of accounting. Pass-Through Entities Pass-through entity identifying numbers are presented on the Schedule where available. De Minimis Rate Used: N Rate Explanation: The School District has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414. The School District did not remit any funds to subrecipients.

Finding Details

Finding 2023-001
Finding 2023 – 001: Bank Reconciliation Comment: The District’s management has not received a bank reconciliation from the Calumet Township Treasurer for pooled cash and investments. This represents a material weakness in the internal control over financial reporting. Recommendation: We recommend as a means of better control, that bank reconciliation’s be performed each month and any variances be investigated and adjusted immediately. As these are performed by the Township Treasurer, we recommend the District require the monthly bank reconciliations and supporting documents to ensure the correct balances as allocated to District. Management’s Response: The Superintendent, along with staff, will work with the Calumet Township Treasurer to ensure that monthly bank reconciliations and support documents are performed and received prior to or during audit fieldwork.
Finding 2023-001
Finding 2023 – 001: Bank Reconciliation Comment: The District’s management has not received a bank reconciliation from the Calumet Township Treasurer for pooled cash and investments. This represents a material weakness in the internal control over financial reporting. Recommendation: We recommend as a means of better control, that bank reconciliation’s be performed each month and any variances be investigated and adjusted immediately. As these are performed by the Township Treasurer, we recommend the District require the monthly bank reconciliations and supporting documents to ensure the correct balances as allocated to District. Management’s Response: The Superintendent, along with staff, will work with the Calumet Township Treasurer to ensure that monthly bank reconciliations and support documents are performed and received prior to or during audit fieldwork.