Audit 3784

FY End
2023-06-30
Total Expended
$799,475
Findings
20
Programs
16
Organization: Indian Creek Cusd No. 425 (IL)
Year: 2023 Accepted: 2023-11-20

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
2192 2023-001 Material Weakness - P
2193 2023-001 Material Weakness - P
2194 2023-001 Material Weakness - P
2195 2023-001 Material Weakness - P
2196 2023-001 Material Weakness - P
2197 2023-002 Material Weakness - L
2198 2023-002 Material Weakness - L
2199 2023-002 Material Weakness - L
2200 2023-002 Material Weakness - L
2201 2023-002 Material Weakness - L
578634 2023-001 Material Weakness - P
578635 2023-001 Material Weakness - P
578636 2023-001 Material Weakness - P
578637 2023-001 Material Weakness - P
578638 2023-001 Material Weakness - P
578639 2023-002 Material Weakness - L
578640 2023-002 Material Weakness - L
578641 2023-002 Material Weakness - L
578642 2023-002 Material Weakness - L
578643 2023-002 Material Weakness - L

Contacts

Name Title Type
YZB8KECCWVC5 Chad Willis Auditee
8158242197 William Newkirk Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of INDIAN CREEK CUSD NO. 425 and is presented on the regulatory basis of accounting as prescribed by ISBE. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, 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 the General-Purpose financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not elect to use the de minimis cost rate

Finding Details

Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must have a segregation of duties. Condition: The District lacks a segregation of duties over cash receipts. Context: The Bookkeeper records cash receipts, makes deposits, and performs bank reconciliations.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.
Criteria: The District must remit TRS contributions by the 25th of the month of salary paid between the 1st and 15th and by the 10th of the following month for salary paid between the 16th and the last day of the month. Condition: The District failed to remit TRS contributions on time. Context: There was a discrepancy between the calculated amounts due in PowerSchool compared to Gemini. As a result payments were not remitted timely. Payments were remitted in July of 2023.