FAC Explorer

Audit 359568

FY End
2024-06-30
Total Expended
$1.19M
Findings
2
Programs
5
Organization: Valentine Elementary School District No. 22 (AZ)
Year: 2024 Accepted: 2025-06-23
Auditor: Drs CPA PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
565844 2024-004 Significant Deficiency - L
1142286 2024-004 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.041 Impact Aid $1.04M Yes 1
84.010 Title I Grants to Local Educational Agencies $44,385 - 0
84.425 Education Stabilization Fund $43,840 - 0
84.027 Special Education Grants to States $18,980 - 0
84.424 Student Support and Academic Enrichment Program $10,000 - 0

Contacts

Name Title Type
QRKNE6TWH4L5 Cliff Angle Auditee
9287692310 Dallas R. Siler II Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES USED IN PREPARING THE SEFA Accounting Policies: Modified Accrual Basis of Accounting De Minimis Rate Used: N Rate Explanation: N/A The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the Valentine Elementary School District No. 22's (the District) federal grant activity under federal programs 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures reported on the schedule are reported on the 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Because the Schedule presents only a selected portion of the operations of the School, it is not intended to and does not present the financial position or changes in fund balance or net position of the District.
Title: NOTE 2 - ASSISTANCE LISTINGS NUMBERS Accounting Policies: Modified Accrual Basis of Accounting De Minimis Rate Used: N Rate Explanation: N/A The program titles and assistance listings numbers were obtained from the federal or pass-through grantor or SAM.gov.
Title: NOTE 3 - INDIRECT COST RATE Accounting Policies: Modified Accrual Basis of Accounting De Minimis Rate Used: N Rate Explanation: N/A The District did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR §200.414.

Finding Details

Finding 2024-004
Condition The District did not submit the single audit reporting package and related data collection form by the required deadline. Criteria The Uniform Guidance section 200.512 states: "...The audit must be completed and the data collection form....and reporting package....must be submitted within the earlier of 30 calendar days after receipt of the auditor’s reports, or nine months after the end of the audit period." Cause The District experienced turnover in the key position responsible for overseeing the single audit. Effect The District is not in compliance with the requirements of the Uniform Guidance. Recommendation We recommend that the District monitor federal grant expenditures and if it is expected that expenditures will exceed $750,000, the District procure audit services promptly.
Finding 2024-004
Condition The District did not submit the single audit reporting package and related data collection form by the required deadline. Criteria The Uniform Guidance section 200.512 states: "...The audit must be completed and the data collection form....and reporting package....must be submitted within the earlier of 30 calendar days after receipt of the auditor’s reports, or nine months after the end of the audit period." Cause The District experienced turnover in the key position responsible for overseeing the single audit. Effect The District is not in compliance with the requirements of the Uniform Guidance. Recommendation We recommend that the District monitor federal grant expenditures and if it is expected that expenditures will exceed $750,000, the District procure audit services promptly.