Finding 1127967 (2024-002)

Material Weakness
Requirement
CL
Questioned Costs
-
Year
2024
Accepted
2025-03-31

AI Summary

  • Answer: Some expenses were not reported correctly in the SEFA for the fiscal year ending June 30, 2024.
  • Trend: Management has taken steps to correct the amounts in the SEFA.
  • List: Follow up to ensure ongoing accuracy in reporting and monitor future expenditures.

Finding Text

As a result of our audit procedures, the engagement team identified expenditures not properly reported in the SEFA for the fiscal year ended June 30, 2024. Amounts in the SEFA were corrected by management.

Categories

Reporting

Other Findings in this Audit

  • 551524 2024-001
    Significant Deficiency Repeat
  • 551525 2024-002
    Material Weakness
  • 551526 2024-001
    Significant Deficiency Repeat
  • 551527 2024-001
    Significant Deficiency Repeat
  • 551528 2024-001
    Significant Deficiency Repeat
  • 551529 2024-001
    Significant Deficiency Repeat
  • 1127966 2024-001
    Significant Deficiency Repeat
  • 1127968 2024-001
    Significant Deficiency Repeat
  • 1127969 2024-001
    Significant Deficiency Repeat
  • 1127970 2024-001
    Significant Deficiency Repeat
  • 1127971 2024-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $43.47M
84.063 Federal Pell Grant Program $26.39M
84.033 Federal Work-Study Program $1.18M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.13M
84.007 Federal Supplemental Educational Opportunity Grants $828,528
84.047 Trio Upward Bound $284,887
84.129 Rehabilitation Long-Term Training $233,528
84.425 Education Stabilization Fund $203,044
20.614 National Highway Traffic Safety Administration (nhtsa) Discretionary Safety Grants and Cooperative Agreements $90,798
47.076 Stem Education (formerly Education and Human Resources) $56,358
93.859 Biomedical Research and Research Training $38,223
16.575 Crime Victim Assistance $27,003
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $14,860
10.558 Child and Adult Care Food Program $6,712
15.657 Endangered Species Recovery Implementation $3,746
84.038 Federal Perkins Loan Program_federal Capital Contributions $0