FAC Explorer

Audit 389036

FY End
2025-06-30
Total Expended
$3.74M
Findings
3
Programs
11
Organization: Waverly Central School District (NY)
Year: 2025 Accepted: 2026-02-25
Auditor: INSERO & CO CPA'S LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1175321 2025-002 Material Weakness Yes C
1175322 2025-002 Material Weakness Yes C
1175323 2025-002 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
10.555 NATIONAL SCHOOL LUNCH PROGRAM $827,789 Yes 1
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $639,515 Yes 0
84.027 SPECIAL EDUCATION GRANTS TO STATES $420,547 Yes 0
84.425 EDUCATION STABILIZATION FUND $361,078 Yes 0
10.553 SCHOOL BREAKFAST PROGRAM $229,871 Yes 1
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $100,587 Yes 0
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $44,618 Yes 0
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $38,817 Yes 0
84.287 TWENTY-FIRST CENTURY COMMUNITY LEARNING CENTERS $32,830 Yes 0
10.559 SUMMER FOOD SERVICE PROGRAM FOR CHILDREN $22,303 Yes 1
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $14,681 Yes 0

Contacts

Name Title Type
PD2KK5PY4JL3 Kathy Rote Auditee
6075652841 Benjamin Owens Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes federal award activity of the Waverly Central School District (the School District) under programs of the federal government for the year ended June 30, 2025. The information in the SEFA is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the School District, it is not intended to and does not present the financial position or changes in net position.
Matching costs, such as the School District's share of certain program costs, are not included in the reported expenditures.
The School District is the recipient of a federal award program that does not result in cash receipts or disbursements termed a “non-monetary program.” During the year ended June 30, 2025, the School District received $98,244 worth of commodities under the National School Lunch Program (ALN #10.555).
No insurance is carried specifically to cover equipment purchased with federal funds. Any equipment purchased with federal funds has only a nominal value and is covered by the School District’s casualty insurance policies. There were no loans or loan guarantees outstanding at year end. No amounts were provided to subrecipients.

Finding Details

Finding 2025-002
Federal Agency: U.S. Department of Agriculture Federal Program: Child Nutrition Cluster Assistance Listing Numbe:r10.553/10.555/10.559 Pass-Through Agency: NYS Department of Education Criteria: The School Food Authority shall limit its net cash resources to an amount that does not exceed six months' average expenditures for its School Lunch Fund or such other amount as may be approved by the NYS Department of Education in accordance with 7 CFR §210.9(b)(2). Condition: At June 30, 2025, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $483,522. At June 30, 2024, net cash resources in the School Lunch Fund exceeded the allowable limit by $839,352. Cause: Revenues exceeded expenditures by $103,712 in the School Lunch Fund for the year ended June 30, 2025. Effect or Potential Effect: The School District is not in compliance with 7 CFR §210.9(b)(2). Questioned Costs: None. Context: The amount over the allowable limit was $483,522 at June 30, 2025, and compares with the amount over the allowable limit in year ended June 30, 2024, of $839,352. Repeat Finding: This Finding is a repeat of Finding 2023-002 and 2024-002. Recommendation: We recommend the School District review its net cash resources in the School Lunch Fund and develop a plan to reduce them to an allowable amount. Views of Responsible Officials of the Auditee: School District management agrees with condition, cause, and recommendation. With this overage, the School District has purchased new equipment for the cafeteria. Since the district is CEP, there is no option to changing the revenue. The School District will continue upgrading the kitchens with the excess.