Finding 1132029 (2024-002)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2024
Accepted
2025-04-22

AI Summary

  • Answer: The District failed to separate duties for handling revenue, which includes federal program funds.
  • Trend: This issue indicates a pattern of inadequate internal controls over financial processes.
  • List: Recommend implementing proper segregation of duties to enhance accountability and reduce risk of errors or fraud.

Finding Text

The District did not properly segregate custody, record keeping and reconciling functions for revenues, including those related to federal programs. See finding 2024-001.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 555587 2024-002
    Material Weakness
  • 555588 2024-002
    Material Weakness
  • 555589 2024-002
    Material Weakness
  • 555590 2024-002
    Material Weakness
  • 1132030 2024-002
    Material Weakness
  • 1132031 2024-002
    Material Weakness
  • 1132032 2024-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $270,597
21.027 Coronavirus State and Local Fiscal Recovery Funds $194,441
84.027 Special Education Grants to States $66,714
84.010 Title I Grants to Local Educational Agencies $47,693
84.048 Career and Technical Education -- Basic Grants to States $29,536
10.553 School Breakfast Program $25,344
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $17,930
10.579 Child Nutrition Discretionary Grants Limited Availability $13,596
84.424 Student Support and Academic Enrichment Program $11,298
84.425 Education Stabilization Fund $10,950
10.185 Local Food for Schools Cooperative Agreement Program $8,000
84.365 English Language Acquisition State Grants $1,840
10.556 Special Milk Program for Children $1,666