FAC Explorer

Audit 37726

FY End
2022-06-30
Total Expended
$1.42M
Findings
20
Programs
11
Organization: Olivet Community Schools (MI)
Year: 2022 Accepted: 2022-10-18
Auditor: Maner Costerisan

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
39943 2022-001 Significant Deficiency Yes N
39944 2022-001 Significant Deficiency Yes N
39945 2022-001 Significant Deficiency Yes N
39946 2022-001 Significant Deficiency Yes N
39947 2022-001 Significant Deficiency Yes N
39948 2022-001 Significant Deficiency Yes N
39949 2022-001 Significant Deficiency Yes N
39950 2022-001 Significant Deficiency Yes N
39951 2022-001 Significant Deficiency Yes N
39952 2022-001 Significant Deficiency Yes N
616385 2022-001 Significant Deficiency Yes N
616386 2022-001 Significant Deficiency Yes N
616387 2022-001 Significant Deficiency Yes N
616388 2022-001 Significant Deficiency Yes N
616389 2022-001 Significant Deficiency Yes N
616390 2022-001 Significant Deficiency Yes N
616391 2022-001 Significant Deficiency Yes N
616392 2022-001 Significant Deficiency Yes N
616393 2022-001 Significant Deficiency Yes N
616394 2022-001 Significant Deficiency Yes N

Programs

ALN Program Spent Major Findings
32.009 Covid-19 - Emergency Connectivity Fund Program $117,709 - 0
21.019 Covid-19 - Coronavirus Relief Fund $110,725 - 0
84.010 Title I Grants to Local Educational Agencies $99,919 - 0
10.555 Covid-19 - National School Lunch Program $82,244 Yes 1
10.559 Covid-19 - Summer Food Service Program for Children $39,149 Yes 1
84.367 Improving Teacher Quality State Grants $22,737 - 0
10.553 Covid-19 - School Breakfast Program $14,977 Yes 1
84.424 Student Support and Academic Enrichment Program $10,000 - 0
84.425 Covid-19 - Education Stabilization Fund $8,000 - 0
10.649 Pandemic Ebt Administrative Costs $614 - 0
10.558 Child and Adult Care Food Program $429 - 0

Contacts

Name Title Type
VM8QHK432MC6 Gail Williams Auditee
2697499129 Jeffrey Staley, CPA Auditor
No contacts on file

Notes to SEFA

Accounting Policies: 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. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Finding 2022-001
OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.