FAC Explorer

Audit 85907

FY End
2022-06-30
Total Expended
$1.77M
Findings
8
Programs
15
Organization: Deposit Central School District (NY)
Year: 2022 Accepted: 2022-10-30
Auditor: Insero & CO Cpa's LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
86895 2022-001 - Yes C
86896 2022-001 - Yes C
86897 2022-001 - Yes C
86898 2022-001 - Yes C
663337 2022-001 - Yes C
663338 2022-001 - Yes C
663339 2022-001 - Yes C
663340 2022-001 - Yes C

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $460,199 Yes 0
10.555 National School Lunch Program $283,771 - 1
84.010 Title I Grants to Local Educational Agencies $185,104 - 0
84.215 Fund for the Improvement of Education $136,068 - 0
84.027 Special Education_grants to States $121,889 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $119,926 - 0
10.553 School Breakfast Program $102,414 - 1
10.559 Summer Food Service Program for Children $56,109 - 1
84.358 Rural Education $32,460 - 0
84.424 Student Support and Academic Enrichment Program $27,384 - 0
84.367 Improving Teacher Quality State Grants $22,384 - 0
10.649 Pandemic Ebt Administrative Costs $14,199 - 0
10.582 Fresh Fruit and Vegetable Program $7,917 - 1
10.579 Child Nutrition Discretionary Grants Limited Availability $1,202 - 0
84.173 Special Education_preschool Grants $906 - 0

Contacts

Name Title Type
GUXZE7AYBMS1 Mark Putrino Auditee
6074675504 Duane Shoen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Note 1 Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal awards programs administered by the Deposit Central School District, an entity as defined in Note 1 to the Deposit Central School District's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. Note 2 Basis of Accounting The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, preparation of the financial statements. Note 3 Indirect Costs Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data presented. The Deposit Central School District has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. Note 4 Matching Costs Matching costs, such as the Deposit Central School District's share of certain program costs, are not included in the reported expenditures. Note 5 Non-Monetary Federal Program The Deposit Central 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, 2022, the Deposit Central School District received $26,006 worth of commodities under the National School Lunch Program (ALN #10.555). Note 6 Subrecipients No amounts were provided to subrecipients. Note 7 Other Disclosures 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 Districts casualty insurance policies. There were no loans or loan guarantees outstanding at year end. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.
Finding 2022-001
Section III Federal Award Findings and Questioned Costs 10.553, 10.555, 10.559 - Child Nutrition Cluster 2022-001 Net Cash Resources Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $133,286. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months? average expenditures for its School Lunch Fund or such other amount as may be approved by the New York State agency in accordance with 7 CFR ?210.19(a). Cause: Although expenditures exceeded revenues by $53,357 in the School Lunch Fund for the year ended June 30, 2022, this amount was less than the net income of $340,375 in the school lunch fund for the year ended June 30, 2021. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-001 from the prior year. 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. Management Response: The School District agrees with condition, cause, and recommendation.