Finding Text
Finding for IDEA Preschool -2025. Criteria: Reporting. All quarterly expenditure reports must be filed with the Illinois State Board of Eduation no later than 20 days after the end of the quarter (10/20, 1/20, 4/20 and 7/20). Condition: The District filed their 1st quarter expenditure report 12/4/2024. The budget was submitted 9/18/2024 and approved 10/7/2024. The reporting system was not open until after 10/20/2024, therefore, the District could not file by the 10/20 deadline due to the timing of the budget approval, but should have filed as soon as possible ater the system was open. Questioned costs: None. Context: The District filed their first quarter expenditure report late. Effect: The District was not in compliance by filing their expenditure report late. Cause: The District did not employ proper oversight to ensure that that quarterly expenditure reports were filed timely. Recommendation: We recommend that steps are taken, including oversight by a second employee, to ensure that all quarterly expenditure reports are filed by the due dates. Management response: The District will take the necessary steps to file all quarterly expenditure reports on time in the future.