FAC Explorer

Audit 358144

FY End
2024-06-30
Total Expended
$1.93M
Findings
4
Programs
10
Organization: Fouke School District (AR)
Year: 2024 Accepted: 2025-06-05
Auditor: Arkansas Legislative Audit

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
563969 2024-001 Significant Deficiency - B
563970 2024-001 Significant Deficiency - B
1140411 2024-001 Significant Deficiency - B
1140412 2024-001 Significant Deficiency - B

Programs

ALN Program Spent Major Findings
84.425 Covid-19 - Education Stabilization Fund $379,999 - 0
84.027 Special Education_grants to States $291,865 - 0
84.010 Title I Grants to Local Educational Agencies $266,120 - 0
10.553 School Breakfast Program $201,929 Yes 1
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $47,894 - 0
10.555 National School Lunch Program $25,049 Yes 0
84.358 Rural Education $24,795 - 0
84.173 Special Education_preschool Grants $23,367 - 0
84.027 Covid-19 - Special Education_grants to States $18,353 - 0
84.424 Student Support and Academic Enrichment Program $15,405 - 0

Contacts

Name Title Type
GWGNQEQKHH57 Dr. Jim Buie Auditee
8706534311 Matt Fink, CPA Auditor
No contacts on file

Notes to SEFA

Title: Medicaid Funding (SEFA Note 4) Accounting Policies: Basis of Presentation (SEFA Note 1) - The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of Fouke School District No. 15 (District) under programs of the federal government for the year ended June 30, 2024. 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 District, it is not intended to and does not present the financial position or changes in financial position of the District. Summary of Significant Accounting Policies (SEFA Note 2) - Expenditures reported on the Schedule are reported on the regulatory 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: N Rate Explanation: The District has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance (SEFA Note 3) During the year ended June 30, 2024, the District received Medicaid funding of $105,365 from the Arkansas Department of Human Services. Such payments are not considered Federal awards expended, and therefore, are not included in the above Schedule.
Title: Nonmonetary Assistance (SEFA Notes 5 and 6) Accounting Policies: Basis of Presentation (SEFA Note 1) - The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of Fouke School District No. 15 (District) under programs of the federal government for the year ended June 30, 2024. 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 District, it is not intended to and does not present the financial position or changes in financial position of the District. Summary of Significant Accounting Policies (SEFA Note 2) - Expenditures reported on the Schedule are reported on the regulatory 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: N Rate Explanation: The District has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance (SEFA Note 3) Nonmonetary assistance is reported at the approximate value as provided by the U. S. Department of Defense through an agreement with the U. S. Department of Agriculture. Nonmonetary assistance is reported at the approximate value as provided by the Arkansas Department of Human Services.

Finding Details

Finding 2024-001
U.S. DEPARTMENT OF AGRICULTURE PASSED THROUGH ARKANSAS DEPARTMENT OF EDUCATION CHILD NUTRITION CLUSTER - AL NUMBERS 10.553 AND 10.555 PASS-THROUGH NUMBER 4603 AUDIT PERIOD - YEAR ENDED JUNE 30, 2024 2024-001. Allowable Costs/Costs Principles Criteria or specific requirement: Office of Management and Budget (OMB) 2 CFR part 200, subpart E - Cost Principles establish principles for determining the allowable cost incurred by the District under Federal awards. Such costs are to be necessary and reasonable for the performance of the Federal award. Condition: Unallowable costs paid from the Child Nutrition program totaling $843 were detected for the audit year. These costs were comprised of $843 in salary payments that should have been recorded in the District's general fund. Cause: Lack of internal control and management oversight over program expenditures. Effect or potential effect: Unallowable costs of $843 were paid from the Child Nutrition program. Questioned costs: The amount of questioned costs was $843. Context: An examination of Child Nutrition Cluster payroll expenditures for 2 employees ($37,649) from a population of 15 employees ($294,944). Identification as a repeat finding: No Recommendation: The District should contact the Arkansas Department of Education Division of Elementary and Secondary Education (DESE) for resolution regarding this matter and implement proper controls over program expenditures. "Views of responsible officials:. We concur with the recommendation and will contact DESE to ensure that the correct process is used to move the unallowable costs totaling $843 to the operating fund. To correct the payroll issue of charging unallowable costs, the payroll clerk will run reports quarterly to verify all payroll charges to any federal fund are appropriate. "
Finding 2024-001
U.S. DEPARTMENT OF AGRICULTURE PASSED THROUGH ARKANSAS DEPARTMENT OF EDUCATION CHILD NUTRITION CLUSTER - AL NUMBERS 10.553 AND 10.555 PASS-THROUGH NUMBER 4603 AUDIT PERIOD - YEAR ENDED JUNE 30, 2024 2024-001. Allowable Costs/Costs Principles Criteria or specific requirement: Office of Management and Budget (OMB) 2 CFR part 200, subpart E - Cost Principles establish principles for determining the allowable cost incurred by the District under Federal awards. Such costs are to be necessary and reasonable for the performance of the Federal award. Condition: Unallowable costs paid from the Child Nutrition program totaling $843 were detected for the audit year. These costs were comprised of $843 in salary payments that should have been recorded in the District's general fund. Cause: Lack of internal control and management oversight over program expenditures. Effect or potential effect: Unallowable costs of $843 were paid from the Child Nutrition program. Questioned costs: The amount of questioned costs was $843. Context: An examination of Child Nutrition Cluster payroll expenditures for 2 employees ($37,649) from a population of 15 employees ($294,944). Identification as a repeat finding: No Recommendation: The District should contact the Arkansas Department of Education Division of Elementary and Secondary Education (DESE) for resolution regarding this matter and implement proper controls over program expenditures. "Views of responsible officials:. We concur with the recommendation and will contact DESE to ensure that the correct process is used to move the unallowable costs totaling $843 to the operating fund. To correct the payroll issue of charging unallowable costs, the payroll clerk will run reports quarterly to verify all payroll charges to any federal fund are appropriate. "
Finding 2024-001
U.S. DEPARTMENT OF AGRICULTURE PASSED THROUGH ARKANSAS DEPARTMENT OF EDUCATION CHILD NUTRITION CLUSTER - AL NUMBERS 10.553 AND 10.555 PASS-THROUGH NUMBER 4603 AUDIT PERIOD - YEAR ENDED JUNE 30, 2024 2024-001. Allowable Costs/Costs Principles Criteria or specific requirement: Office of Management and Budget (OMB) 2 CFR part 200, subpart E - Cost Principles establish principles for determining the allowable cost incurred by the District under Federal awards. Such costs are to be necessary and reasonable for the performance of the Federal award. Condition: Unallowable costs paid from the Child Nutrition program totaling $843 were detected for the audit year. These costs were comprised of $843 in salary payments that should have been recorded in the District's general fund. Cause: Lack of internal control and management oversight over program expenditures. Effect or potential effect: Unallowable costs of $843 were paid from the Child Nutrition program. Questioned costs: The amount of questioned costs was $843. Context: An examination of Child Nutrition Cluster payroll expenditures for 2 employees ($37,649) from a population of 15 employees ($294,944). Identification as a repeat finding: No Recommendation: The District should contact the Arkansas Department of Education Division of Elementary and Secondary Education (DESE) for resolution regarding this matter and implement proper controls over program expenditures. "Views of responsible officials:. We concur with the recommendation and will contact DESE to ensure that the correct process is used to move the unallowable costs totaling $843 to the operating fund. To correct the payroll issue of charging unallowable costs, the payroll clerk will run reports quarterly to verify all payroll charges to any federal fund are appropriate. "
Finding 2024-001
U.S. DEPARTMENT OF AGRICULTURE PASSED THROUGH ARKANSAS DEPARTMENT OF EDUCATION CHILD NUTRITION CLUSTER - AL NUMBERS 10.553 AND 10.555 PASS-THROUGH NUMBER 4603 AUDIT PERIOD - YEAR ENDED JUNE 30, 2024 2024-001. Allowable Costs/Costs Principles Criteria or specific requirement: Office of Management and Budget (OMB) 2 CFR part 200, subpart E - Cost Principles establish principles for determining the allowable cost incurred by the District under Federal awards. Such costs are to be necessary and reasonable for the performance of the Federal award. Condition: Unallowable costs paid from the Child Nutrition program totaling $843 were detected for the audit year. These costs were comprised of $843 in salary payments that should have been recorded in the District's general fund. Cause: Lack of internal control and management oversight over program expenditures. Effect or potential effect: Unallowable costs of $843 were paid from the Child Nutrition program. Questioned costs: The amount of questioned costs was $843. Context: An examination of Child Nutrition Cluster payroll expenditures for 2 employees ($37,649) from a population of 15 employees ($294,944). Identification as a repeat finding: No Recommendation: The District should contact the Arkansas Department of Education Division of Elementary and Secondary Education (DESE) for resolution regarding this matter and implement proper controls over program expenditures. "Views of responsible officials:. We concur with the recommendation and will contact DESE to ensure that the correct process is used to move the unallowable costs totaling $843 to the operating fund. To correct the payroll issue of charging unallowable costs, the payroll clerk will run reports quarterly to verify all payroll charges to any federal fund are appropriate. "