FAC Explorer

Audit 40249

FY End
2022-06-30
Total Expended
$8.79M
Findings
2
Programs
14
Organization: Grant County Board of Education (KY)
Year: 2022 Accepted: 2023-01-12
Auditor: Barnes Dennig & CO LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
46074 2022-020 Significant Deficiency - P
622516 2022-020 Significant Deficiency - P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $1.18M Yes 0
84.010 Title I Grants to Local Educational Agencies $755,128 - 0
10.553 School Breakfast Program $438,890 - 0
10.555 National School Lunch Program $236,997 - 0
10.559 Summer Food Service Program for Children $186,002 - 0
84.367 Improving Teacher Quality State Grants $147,722 - 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $96,839 - 0
84.027 Special Education_grants to States $70,818 Yes 0
84.048 Career and Technical Education -- Basic Grants to States $59,846 - 0
84.424 Student Support and Academic Enrichment Program $33,410 - 0
84.173 Special Education_preschool Grants $21,249 Yes 0
84.365 English Language Acquisition State Grants $11,253 - 0
10.558 Child and Adult Care Food Program $3,983 - 0
10.649 Pandemic Ebt Administrative Costs $3,063 - 0

Contacts

Name Title Type
SLWFEA6B4DF3 Brian Linder Auditee
8598243323 Harold Kremer Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with generally accepted accounting principles. 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 a reimbursement. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Grant County School District under programs of the federal government for the year ended June 30, 2022, and is reported on the accrual basis of accounting. 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). Because the schedule presents only a selected portion of the operations of Grant County School District, it is not intended to and does not present the financial position, changes in net position or cash flows of the District.
Title: FOOD DISTRIBUTION Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with generally accepted accounting principles. 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 a reimbursement. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. Nonmonetary assistance is reported in the schedule at the fair value of the commodities disbursed. For the year ended June 30, 2022, the District reported food commodities expended in the amount of $236,997.
Title: SUBRECIPIENTS Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with generally accepted accounting principles. 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 a reimbursement. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The District did not have any subrecipients during the year ended June 30, 2022.

Finding Details

Finding 2022-020
SECTION III ? FEDERAL AWARD FINDINGS AND QUESTIONED COST 2022-02 ? Controls surrounding payroll Criteria: The District is responsible for establishing and following controls that prevent, detect and correct errors in a timely manner. Condition and Context: During the course of the audit, we identified errors in controls surrounding payroll that was not identified and rectified by the district. The errors resulted in one employee being overpaid and another employee being underpaid. A technology error led to one employee being underpaid, and a timecard error led to another employee being overpaid. Effect: Error in payments of wages that did not match a timecard and an employee?s contracted rate. Cause: Lack of review of internal controls surrounding payroll, including reviewing timecards and the MUNIS system for payroll discrepancies. Recommendation: Secondary review of payroll internal controls in conjunction with the normal payroll process, ensuring that employees are paid the appropriate amount each pay period. Views of Responsible Officials and Planned Corrective Actions: The District office will review internal controls surrounding payroll to ensure that pay to employees is in conjunction with contracted rates and weekly timecards.
Finding 2022-020
SECTION III ? FEDERAL AWARD FINDINGS AND QUESTIONED COST 2022-02 ? Controls surrounding payroll Criteria: The District is responsible for establishing and following controls that prevent, detect and correct errors in a timely manner. Condition and Context: During the course of the audit, we identified errors in controls surrounding payroll that was not identified and rectified by the district. The errors resulted in one employee being overpaid and another employee being underpaid. A technology error led to one employee being underpaid, and a timecard error led to another employee being overpaid. Effect: Error in payments of wages that did not match a timecard and an employee?s contracted rate. Cause: Lack of review of internal controls surrounding payroll, including reviewing timecards and the MUNIS system for payroll discrepancies. Recommendation: Secondary review of payroll internal controls in conjunction with the normal payroll process, ensuring that employees are paid the appropriate amount each pay period. Views of Responsible Officials and Planned Corrective Actions: The District office will review internal controls surrounding payroll to ensure that pay to employees is in conjunction with contracted rates and weekly timecards.