FAC Explorer

Audit 32726

FY End
2022-06-30
Total Expended
$1.05M
Findings
4
Programs
8
Organization: Louisa-Muscatine Community School District (IA)
Year: 2022 Accepted: 2023-03-08
Auditor: Kay Chapman CPA PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
34086 2022-001 Material Weakness Yes BL
34087 2022-001 Material Weakness Yes BL
610528 2022-001 Material Weakness Yes BL
610529 2022-001 Material Weakness Yes BL

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $491,106 Yes 1
84.425 Education Stabilization Fund $286,416 - 0
10.553 School Breakfast Program $100,035 Yes 1
84.010 Title I Grants to Local Educational Agencies $34,553 - 0
84.027 Special Education_grants to States $32,128 - 0
84.367 Improving Teacher Quality State Grants $16,979 - 0
84.424 Student Support and Academic Enrichment Program $10,000 - 0
84.048 Career and Technical Education -- Basic Grants to States $4,957 - 0

Contacts

Name Title Type
H7VMCSU88BB7 Charles Domer Auditee
3197263541 Kay L Chapman 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: Y Rate Explanation: The auditee used the de minimis cost rate.

Finding Details

Finding 2022-001
The District did not properly segregated custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.
Finding 2022-001
The District did not properly segregated custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.
Finding 2022-001
The District did not properly segregated custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.
Finding 2022-001
The District did not properly segregated custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.