FAC Explorer

Audit 338605

FY End
2024-06-30
Total Expended
$4.11M
Findings
2
Programs
4
Organization: Board of Control for Southern Regional Education (FL)
Year: 2024 Accepted: 2025-01-17
Auditor: Warren Averett LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
519543 2024-001 - - L
1095985 2024-001 - - L

Programs

ALN Program Spent Major Findings
84.423 Supporting Effective Educator Development Program $1.95M Yes 0
84.336 Teacher Quality Partnership Grants $1.04M - 0
11.307 Economic Adjustment Assistance $623,249 Yes 1
84.305 Education Research, Development and Dissemination $508,216 - 0

Contacts

Name Title Type
PA23NZMKS6F2 Katie Harris Auditee
4048795570 Jennifer Williams Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Board of Control for Southern Regional Education (the Board) under programs of the federal government for the year ended June 30, 2024, and is presented on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The Board has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Board of Control for Southern Regional Education (the Board) under programs of the federal government for the year ended June 30, 2024, and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Board, it is not intended to, and does not, present the financial position, changes in net assets or cash flows of the Board.
Title: INDIRECT COST RATE Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Board of Control for Southern Regional Education (the Board) under programs of the federal government for the year ended June 30, 2024, and is presented on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The Board has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Board has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
Federal Program: U.S. Department of Commerce-ALN 11.307, Urban Agriculture Mapping and CEDS Integration Criteria: 2 CFR 200.302 requires that non-federal entities must provide for the accurate, current, and complete disclosure of financial results for each Federal award or program in accordance with the reporting requirements set forth in 2 CFR section 200.328 Condition/Context: During our testing, we reviewed the semi-annual and final federal financial report and noted that the semi-annual federal financial report due on October 31, 2023, was submitted on November 13, 2023. Cause: The Board did not have adequate policies and procedures in place to allow all federal financial reporting to occur timely. Effect: The Board is not in compliance with reporting requirements. Questioned Cost: None Recommendation: The Board should enhance it policies and procedures to ensure that all future reports are submitted timely. Views of responsible officials: Management agrees with the finding and the Auditors’ recommendation. See Corrective Action Plan at the end of the report.
Finding 2024-001
Federal Program: U.S. Department of Commerce-ALN 11.307, Urban Agriculture Mapping and CEDS Integration Criteria: 2 CFR 200.302 requires that non-federal entities must provide for the accurate, current, and complete disclosure of financial results for each Federal award or program in accordance with the reporting requirements set forth in 2 CFR section 200.328 Condition/Context: During our testing, we reviewed the semi-annual and final federal financial report and noted that the semi-annual federal financial report due on October 31, 2023, was submitted on November 13, 2023. Cause: The Board did not have adequate policies and procedures in place to allow all federal financial reporting to occur timely. Effect: The Board is not in compliance with reporting requirements. Questioned Cost: None Recommendation: The Board should enhance it policies and procedures to ensure that all future reports are submitted timely. Views of responsible officials: Management agrees with the finding and the Auditors’ recommendation. See Corrective Action Plan at the end of the report.