FAC Explorer

Audit 356077

FY End
2024-06-30
Total Expended
$116.17M
Findings
2
Programs
16
Organization: Paterson Board of Education (NJ)
Year: 2024 Accepted: 2025-05-12
Auditor: Wielkotz & Company LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
560098 2024-001 Significant Deficiency - L
1136540 2024-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $54.06M Yes 1
84.010 Title I Grants to Local Educational Agencies $27.00M - 0
10.555 National School Lunch Program $13.95M - 0
84.027 Special Education Grants to States $7.16M Yes 0
10.553 School Breakfast Program $6.22M - 0
84.002 Adult Education - Basic Grants to States $1.81M - 0
93.778 Medical Assistance Program $1.80M Yes 0
84.365 English Language Acquisition State Grants $1.19M - 0
84.215 Innovative Approaches to Literacy; Promise Neighborhoods; Full-Service Community Schools; and Congressionally Directed Spending for Elementary and Secondary Education Community Projects $836,344 - 0
84.173 Special Education Preschool Grants $586,747 Yes 0
10.559 Summer Food Service Program for Children $531,122 - 0
84.287 Twenty-First Century Community Learning Centers $374,596 - 0
10.582 Fresh Fruit and Vegetable Program $351,054 - 0
17.259 Wioa Youth Activities $221,764 - 0
84.048 Career and Technical Education -- Basic Grants to States $81,570 - 0
10.649 Pandemic Ebt Administrative Costs $6,180 - 0

Contacts

Name Title Type
H74NGZEEDY88 June Gray Auditee
9733210775 Daniel Wielkotz Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedules of expenditures of Federal Awards are presented on the budgetary basis of accounting with the exception of programs recorded in the food service fund, which are presented using 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) an N.J. OMB Circular 15-08. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. The basic financial statements present the general fund and special revenue fund on a GAAP Basis. Budgetary comparison statements or schedules (RSI) are presented for the general fund and special revenue fund to demonstrate finance-related legal compliance in which certain revenue is permitted by law or grant agreement to be recognized in the audit year, whereas for GAAP reporting, revenue is not recognized until the subsequent year or when expenditures have been made. The general fund is presented in the accompying schedules on the modified budgetary basis which recognizes encumbrances as expenditures and also recognizes the related revenues, whereas the GAAP basis does not. De Minimis Rate Used: N Rate Explanation: The Auditee did not use the de minimis cost rate

Finding Details

Finding 2024-001
Finding 2024-001 Information on the state program: CARES Emergency Relief Grant and American Rescue Plan, CFDA 84.425D/U Grant Period 3/13/20-9/30/23, and 3/13/20-9/30/24. Criteria or specific requirement: Governmental Accounting Standards Board Statement (GASBS) 34 requires school districts and other public entities to accurately track and account for fixed assets. The district did not accurately account for all fixed assets purchased during the fiscal year. Condition: There were instances where the district did not accurately account for various fixed assets purchased with grant funds during the year. Questioned Costs: Unknown Context: The district has not accurately updated the fixed asset report for fixed asset purchases made during the year. Effect: The district is not in compliance with the requirements of the CARES Emergency Relief Grant and American Rescue Plan program. Cause: The district did not account for various fixed assets purchased during the year and the district did not record the correct amount for various fixed assets included in the fixed asset report. Recommendation: The district’s fixed asset accounting and reporting system be updated to reflect additions, deletions and depreciation expense on an annual basis. Management’s response: The district will ensure that the fixed asset report is periodically updated and reviewed when fixed asset purchases are made.
Finding 2024-001
Finding 2024-001 Information on the state program: CARES Emergency Relief Grant and American Rescue Plan, CFDA 84.425D/U Grant Period 3/13/20-9/30/23, and 3/13/20-9/30/24. Criteria or specific requirement: Governmental Accounting Standards Board Statement (GASBS) 34 requires school districts and other public entities to accurately track and account for fixed assets. The district did not accurately account for all fixed assets purchased during the fiscal year. Condition: There were instances where the district did not accurately account for various fixed assets purchased with grant funds during the year. Questioned Costs: Unknown Context: The district has not accurately updated the fixed asset report for fixed asset purchases made during the year. Effect: The district is not in compliance with the requirements of the CARES Emergency Relief Grant and American Rescue Plan program. Cause: The district did not account for various fixed assets purchased during the year and the district did not record the correct amount for various fixed assets included in the fixed asset report. Recommendation: The district’s fixed asset accounting and reporting system be updated to reflect additions, deletions and depreciation expense on an annual basis. Management’s response: The district will ensure that the fixed asset report is periodically updated and reviewed when fixed asset purchases are made.