FAC Explorer

Audit 31640

FY End
2022-06-30
Total Expended
$793,828
Findings
4
Programs
7
Organization: Hollis School District (NH)
Year: 2022 Accepted: 2023-04-11
Auditor: Roberts & Greene PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
36228 2022-001 - - N
36229 2022-001 - - N
612670 2022-001 - - N
612671 2022-001 - - N

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $356,465 Yes 1
84.027 Special Education_grants to States $183,911 - 0
10.553 School Breakfast Program $139,360 Yes 1
84.425 Education Stabilization Fund $60,471 - 0
84.173 Special Education_preschool Grants $28,268 - 0
84.424 Student Support and Academic Enrichment Program $14,026 - 0
84.367 Improving Teacher Quality State Grants $11,327 - 0

Contacts

Name Title Type
TMATF1EC22K7 Kelly Seeley Auditee
6033245999 Tim Greene Auditor
No contacts on file

Notes to SEFA

Title: Commodities Accounting Policies: Expenditures on the schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Passthrough entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Included in the expenditures reported under the National School Lunch Program is the value of food commodities received during the year from the U.S. Department of Agriculture Surplus Distribution Program.

Finding Details

Finding 2022-001
Criteria: Section 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The School District Food Service Fund net cash resources were in excess of the maximum allowable amount by $174,479. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with the noted sections of the Uniform Guidance. Recommendation: We recommend that the School District develop and complete a plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Section 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The School District Food Service Fund net cash resources were in excess of the maximum allowable amount by $174,479. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with the noted sections of the Uniform Guidance. Recommendation: We recommend that the School District develop and complete a plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Section 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The School District Food Service Fund net cash resources were in excess of the maximum allowable amount by $174,479. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with the noted sections of the Uniform Guidance. Recommendation: We recommend that the School District develop and complete a plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.
Finding 2022-001
Criteria: Section 210.14(b) and 210.19(a) of the Cost Principles of the Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) require that the School District to limit its net cash resources in the Food Service Fund to the maximum allowable amount of three months of average expenditures. Condition: The School District Food Service Fund net cash resources were in excess of the maximum allowable amount by $174,479. Cause: The School District participated in the Seamless Summer Option program causing a larger than normal increase in the food service fund balance. Effect: The School District is not in compliance with the noted sections of the Uniform Guidance. Recommendation: We recommend that the School District develop and complete a plan to decrease the net cash resources to an amount below the maximum allowed. Management?s Response: The School District agrees with the finding.