Audit 42524

FY End
2022-06-30
Total Expended
$6.81M
Findings
0
Programs
14
Year: 2022 Accepted: 2022-12-07

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
FXFVEMUHHA25 Steve Ptacek Auditee
2172439411 Suzanne Steckel Auditor
No contacts on file

Notes to SEFA

Title: Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Jacksonville School District 117 and is presented on the cash basis of accounting. 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 basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Of the federal expenditures presented in the schedule, Jacksonville School District 117 provided no federal awards to subrecipients.
Title: Non-Cash Assistance Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Jacksonville School District 117 and is presented on the cash basis of accounting. 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 basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The following amounts were expended in the form of non-cash assistance by Jacksonville School District 117 and are included in the Schedule of Expenditures of Federal Awards: Non-Cash Commodities (CFDA 10.555) $98,295; Other Non-Cash Assistance - Department of Defense Fruits & Vegetables $69,943; Total Non-Cash Assistance $168,238
Title: Other Information Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Jacksonville School District 117 and is presented on the cash basis of accounting. 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 basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Jacksonville School District 117 did not have any insurance coverage in effect paid with Federal funds during the fiscal year. Also, the District had Federal grants requiring matching expenditures.
Title: Reconciliation of SEFA to Financial Statements - Expenditures Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Jacksonville School District 117 and is presented on the cash basis of accounting. 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 basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Total expenditures per SEFA $6,806,417 less Medicaid administrative fees not reported in financial statements ($7,072) less Government donated commodities not reported in financial statements ($168,238) equals Total federal expenditures per financial statements $6,631,107.