FAC Explorer

Audit 48864

FY End
2022-06-30
Total Expended
$3.62M
Findings
22
Programs
11
Organization: Florence County School District No. 5 (SC)
Year: 2022 Accepted: 2022-11-16
Auditor: Kenneth Cobb & Company

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
43236 2022-001 Significant Deficiency Yes P
43237 2022-001 Significant Deficiency Yes P
43238 2022-001 Significant Deficiency Yes P
43239 2022-001 Significant Deficiency Yes P
43240 2022-001 Significant Deficiency Yes P
43241 2022-001 Significant Deficiency Yes P
43242 2022-001 Significant Deficiency Yes P
43243 2022-001 Significant Deficiency Yes P
43244 2022-001 Significant Deficiency Yes P
43245 2022-001 Significant Deficiency Yes P
43246 2022-001 Significant Deficiency Yes P
619678 2022-001 Significant Deficiency Yes P
619679 2022-001 Significant Deficiency Yes P
619680 2022-001 Significant Deficiency Yes P
619681 2022-001 Significant Deficiency Yes P
619682 2022-001 Significant Deficiency Yes P
619683 2022-001 Significant Deficiency Yes P
619684 2022-001 Significant Deficiency Yes P
619685 2022-001 Significant Deficiency Yes P
619686 2022-001 Significant Deficiency Yes P
619687 2022-001 Significant Deficiency Yes P
619688 2022-001 Significant Deficiency Yes P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $1.41M Yes 1
10.555 National School Lunch Program $808,290 Yes 1
84.027 Special Education_grants to States $583,343 - 1
84.010 Title I Grants to Local Educational Agencies $447,024 - 1
84.287 Twenty-First Century Community Learning Centers $199,021 - 1
84.367 Improving Teacher Quality State Grants $62,085 - 1
84.424 Student Support and Academic Enrichment Program $37,576 - 1
84.048 Career and Technical Education -- Basic Grants to States $33,507 - 1
84.173 Special Education_preschool Grants $21,759 - 1
84.358 Rural Education $10,808 - 1
10.579 Child Nutrition Discretionary Grants Limited Availability $6,405 Yes 1

Contacts

Name Title Type
CP1GUCE4KN61 Wanda P. Willis Auditee
8433862358 Brenda G. Jackson Auditor
No contacts on file

Notes to SEFA

Title: Nonmonetary assistance Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Florence County School District No. 5 under programs of the federal government for the year ended June 30, 2022. 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 the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District.Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Non monetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed.
Title: Outstanding debt Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Florence County School District No. 5 under programs of the federal government for the year ended June 30, 2022. 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 the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District.Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The total debt outstanding to the Office of Regulatory Staff was $441,414 as of June 30, 2022.

Finding Details

Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.
Finding 2022-001
The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.