FAC Explorer

Audit 3535

FY End
2022-09-30
Total Expended
$5.82M
Findings
2
Programs
16
Organization: Fairfield City Board of Education (AL)
Year: 2022 Accepted: 2023-11-16
Auditor: Potter Bryant and Moore PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
2023 2022-002 Significant Deficiency - F
578465 2022-002 Significant Deficiency - F

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $897,727 Yes 0
84.010 Title I Grants to Local Educational Agencies $857,309 - 0
10.558 Child and Adult Care Food Program $312,017 - 0
10.553 School Breakfast Program $257,777 Yes 0
84.425 Education Stabilization Fund $68,181 Yes 0
12.U01 Air Force Rotc $56,759 - 0
84.424 Student Support and Academic Enrichment Program $56,141 - 0
84.041 Impact Aid $38,074 - 0
84.367 Improving Teacher Quality State Grants $36,197 - 0
84.048 Career and Technical Education -- Basic Grants to States $36,148 - 0
84.126 Rehabilitation Services_vocational Rehabilitation Grants to States $26,566 - 0
10.559 Summer Food Service Program for Children $26,313 Yes 0
84.173 Special Education_preschool Grants $9,573 - 0
10.560 State Administrative Expenses for Child Nutrition $9,236 - 0
84.027 Special Education_grants to States $2,878 - 0
96.001 Social Security_disability Insurance $780 - 0

Contacts

Name Title Type
LWF8HMDUBFJ3 Victoria Broadnax Auditee
2057836850 Steven Moore Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the 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. The Fairfield City Board of Education has not elected to use the 10-percent de minimis indirect cost rate as allowed in the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Fairfield City Board of Education has not elected to use the 10-percent de minimis indirect cost rate as allowed in the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of the Fairfield City Board of Education and is presented on the modified 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 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 Fairfield City Board of Education, it is not intended to and does not present the financial position or changes in net position of the Fairfield City Board of Education.

Finding Details

Finding 2022-002
2 CFR Sections 200.313 (c) through (e) require equipment having a useful life of more than one year and a per-unit acquisition cost which equal or exceeds $5,000 must be maintained in the Board’s property records. A computer server costing $29,500 was not properly classified as capitalized equipment and as such, was omitted from the Board’s Fixed Asset Inventory.
Finding 2022-002
2 CFR Sections 200.313 (c) through (e) require equipment having a useful life of more than one year and a per-unit acquisition cost which equal or exceeds $5,000 must be maintained in the Board’s property records. A computer server costing $29,500 was not properly classified as capitalized equipment and as such, was omitted from the Board’s Fixed Asset Inventory.