Audit 405327

FY End
2025-06-30
Total Expended
$970,707
Findings
1
Programs
10
Organization: Wayne Community School District (IA)
Year: 2025 Accepted: 2026-06-29
Auditor: RGE & ASSOCIATES

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
1220216 2025-004 Material Weakness Yes P

Contacts

Name Title Type
DBJRW255QJ75 Christina Allen Auditee
6418722184 Steve Gerdes Auditor
No contacts on file

Notes to SEFA

THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (SCHEDULE) INCLUDES THE FEDERAL AWARD ACTIVITY OF WAYNE COMMUNITY SCHOOL DISTRICT UNDER PROGRAMS OF THE FEDERAL GOVERNMENT FOR THE YEAR ENDED JUNE 30, 2025. 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 WAYNE COMMUNITY SCHOOL DISTRICT, IT IS NOT INTENDED TO AND DOES NOT PRESENT THE FIANCIAL POSITION, CHANGES IN FINANCIAL POSITION OR CASH FLOWS OF WAYNE CMMUNITY SCHOOL DISTRICT.

Finding Details

SEGREGATION OF DUTIES (REPEAT FINDING) - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORDKEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2025-001.