Finding Text
Grantor: United States Department of Agriculture, passed through the Louisiana
Department of Education – Child Nutrition Cluster – ALN #10.555 – Program
Year 2024
Criteria: Per 7 CFR Subpart C – 210.14(b), the school food authority shall limit its net
cash resources to an amount that does not exceed its 3-month average
expenditures for its nonprofit school food service or such other amount as
may be approved by the State agency in accordance with 7 CFR Subpart D –
210.19(a).
Condition: The cumulative net cash resources as of June 30, 2024 totaled $341,297
which exceeded the net cash resource limit by $183,656.
Effect: The school is not in compliance with 7 CFR Subpart C – 210.14(b).
Noncompliance with this guidance exposes the School to the risk of
forfeiture of Child Nutrition Program funds.
Cause: The School has not formulated a plan for the use of excess net cash
resources and has not communicated with the Louisiana Department of
Education to determine the remedy for its excess net cash resources.
Questioned costs: None.
Recommendation: It is recommended that management and the board review potential uses
for the net cash resources or communicate with the Louisiana Department
of Education for appropriate return of funds.