FAC Explorer

Audit 325288

FY End
2024-06-30
Total Expended
$1.32M
Findings
4
Programs
15
Organization: Rockton School District No. 140 (IL)
Year: 2024 Accepted: 2024-10-21
Auditor: Benning Group LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
503210 2024-001 Significant Deficiency Yes P
503211 2024-002 - - P
1079652 2024-001 Significant Deficiency Yes P
1079653 2024-002 - - P

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $265,364 Yes 0
84.425 Education Stabilization Fund Esser III $201,314 - 0
84.010 Title I Grants to Local Educational Agencies $167,938 - 0
84.425 Education Stabilization Fund D4 $54,000 - 0
10.555 Crrsa Child Nutrition - National Supply Chain Assistance $44,617 Yes 0
93.778 Medical Assistance Program $30,772 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $29,855 - 0
10.555 Commodities Program $20,929 Yes 0
10.555 Dod Fresh Fruits and Vegetables Program $20,914 Yes 0
10.553 School Breakfast Program $15,605 Yes 0
84.173 Special Education Preschool Grants $10,763 Yes 0
84.424 Student Support and Academic Enrichment Program $10,081 - 0
10.649 Pandemic Ebt Administrative Costs $3,256 Yes 0
10.556 Special Milk Program for Children $1,061 Yes 0
84.027 Special Education Grants to States $924 Yes 0

Contacts

Name Title Type
LWP6NA744GG5 Glenn Terry Auditee
8156247143 Jenny Blocker Auditor
No contacts on file

Notes to SEFA

Title: Non cash assistance Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Rockton School District No. 140 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirement of the Office of Management and Budget Uniform Administrative Requirement. Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimum cost rate. See table in Notes to SEFA for information

Finding Details

Finding 2024-001
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the District treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
Finding 2024-002
The Illinois General Assembly, pursuant to the Illinois Government Ethics Act (5 ILCS 420/4A-101), requires certain individuals, including District board members, certified school business officials, and administrators, to annually file a statement of economic interest with the county clerk's office. The District had one individual who did not file the statement of economic interest by the May 1st deadline. The District did not ensure that all required individuals filed a statement of economic interest on a timely basis.
Finding 2024-001
The function of the District treasurer is to review the accounting functions and provide a measure of oversight over daily procedures. The District bookkeeper also serves as the District treasurer. Segregation of duties essential for proper internal control over financial transactions is compromised when the same person functions in the capacity of both the person responsible for recording transactions and the person responsible for oversight of the financial procedures.
Finding 2024-002
The Illinois General Assembly, pursuant to the Illinois Government Ethics Act (5 ILCS 420/4A-101), requires certain individuals, including District board members, certified school business officials, and administrators, to annually file a statement of economic interest with the county clerk's office. The District had one individual who did not file the statement of economic interest by the May 1st deadline. The District did not ensure that all required individuals filed a statement of economic interest on a timely basis.