FAC Explorer

Audit 36807

FY End
2022-06-30
Total Expended
$919,408
Findings
4
Programs
17
Organization: Pearl City C.u.s.d. #200 (IL)
Year: 2022 Accepted: 2023-03-02
Auditor: Benning Group LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
38975 2022-001 - - P
38976 2022-002 - - P
615417 2022-001 - - P
615418 2022-002 - - P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund Esser II $221,767 Yes 2
84.425 Education Stabilization Fund Esser III $158,505 Yes 0
10.555 National School Lunch Program $158,111 - 0
84.027 Special Education_grants to States $114,170 - 0
84.027 Special Education_grants to States Room and Board $87,069 - 0
84.010 Title I Grants to Local Educational Agencies $81,519 - 0
84.358 Rural Education $36,130 - 0
10.553 School Breakfast Program $18,965 - 0
10.555 Non-Cash Food Commodity $14,752 - 0
93.778 Medical Assistance Program $7,661 - 0
84.173 Special Education_preschool Grants $7,440 - 0
10.560 State Administrative Expenses for Child Nutrition $4,855 - 0
10.555 Fresh Fruits & Vegetables $4,170 - 0
84.173 Special Education_preschool Grants Arp Idea Pre-K $2,081 - 0
84.048 Career and Technical Education -- Basic Grants to States $878 - 0
10.556 Special Milk Program for Children $721 - 0
10.649 Pandemic Ebt Administrative Costs $614 - 0

Contacts

Name Title Type
LUDVS2KKT7X9 Mike Schiffman Auditee
8154432715 Jenny Blocker Auditor
No contacts on file

Notes to SEFA

Title: Non cash assistance Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Pearl City School District No. 200 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirement, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. See table in the Notes to SEFA for information.

Finding Details

Finding 2022-001
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and Illinois Program Accounting Manual (IPAM).
Finding 2022-002
Permanent transfers are required to have statutory authorization by board resolution. A transfer of $158,877 of cash between the Working Cash fund and the Capital Projects fund was recorded without authorization via board resolution.
Finding 2022-001
The District is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Several adjustments were needed in order to properly report certain items of revenue and expense in accordance with the provisions of the Illinois School Code and Illinois Program Accounting Manual (IPAM).
Finding 2022-002
Permanent transfers are required to have statutory authorization by board resolution. A transfer of $158,877 of cash between the Working Cash fund and the Capital Projects fund was recorded without authorization via board resolution.