FAC Explorer

Finding 1168526 (2025-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-01-08
Audit: 380351
Organization: Meridian Community Unit School District #223 (IL)
Auditor: BENNING GROUP LLC

AI Summary

  • Answer: Payroll liability account reconciliations were not done on time.
  • Trend: This issue indicates a lack of oversight in accounting functions.
  • List: Recommend appointing a District Treasurer to ensure timely reconciliations moving forward.

Finding Text

The District should be performing reconciliations of payroll liablity accounts and should have a District Treasurer oversee thea ccounting functions. Payroll liability accounts reconciliations were not performed in a timely manner during the year.

Corrective Action Plan

The District will correct liability balances for the current year. Management has assigned specific responsibility for the monthly reconciliation of all payroll and benefit liability accounts. The Superintendent will review these reconciliations on a quarterly basis to ensure they are being completed timely and that any variances are investigated and resolved immediately.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1168525 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
16.710 PUBLIC SAFETY PARTNERSHIP AND COMMUNITY POLICING GRANTS $500,000
84.027 SPECIAL EDUCATION GRANTS TO STATES $326,339
10.555 NATIONAL SCHOOL LUNCH PROGRAM $254,557
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $198,943
10.553 SCHOOL BREAKFAST PROGRAM $66,227
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $32,576
10.555 NON-CASH COMMODITIES $31,818
93.778 MEDICAL ASSISTANCE PROGRAM $23,990
10.555 FRESH FRUITS & VEGETABLES $23,107
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $13,710
20.200 HIGHWAY RESEARCH AND DEVELOPMENT PROGRAM $13,140
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $8,770
84.048 CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES $3,576
10.555 NATIONAL SCHOOL LUNCH - ARP CHILD NUTRITION SUPPLY CHAIN $2,374