Finding 1148438 (2024-002)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2024
Accepted
2025-07-28

AI Summary

  • Answer: The District failed to separate duties for handling revenue, which includes federal program funds.
  • Trend: This lack of segregation increases the risk of errors and fraud in financial reporting.
  • List: Review and implement proper controls to ensure duties are divided among staff for better accountability.

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

  • 571996 2024-002
    Material Weakness
  • 571997 2024-002
    Material Weakness
  • 571998 2024-002
    Material Weakness
  • 571999 2024-002
    Material Weakness
  • 572000 2024-002
    Material Weakness
  • 1148439 2024-002
    Material Weakness
  • 1148440 2024-002
    Material Weakness
  • 1148441 2024-002
    Material Weakness
  • 1148442 2024-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $192,493
84.010 Title I Grants to Local Educational Agencies $127,610
10.553 School Breakfast Program $42,227
84.358 Rural Education $39,510
84.425 Education Stabilization Fund $29,163
93.575 Child Care and Development Block Grant $28,000
84.027 Special Education Grants to States $27,421
10.559 Summer Food Service Program for Children $26,478
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $20,580
84.424 Student Support and Academic Enrichment Program $11,198
84.048 Career and Technical Education -- Basic Grants to States $5,535
21.027 Coronavirus State and Local Fiscal Recovery Funds $2,422
15.659 National Wildlife Refuge Fund $367