Finding 1168868 (2025-002)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2025
Accepted
2026-01-13

AI Summary

  • Answer: The district is not preparing its financial statements.
  • Trend: This could lead to ongoing issues with financial reporting and compliance.
  • List: Recommend establishing a process for financial statement preparation and assigning responsible personnel.

Finding Text

THE DISTRICT DOES NOT PREPARE THE FINANCIAL STATEMENTS.

Corrective Action Plan

Management Response - The District Superintendent and Business Manager review and approve the financial statements. Upon completion of the full audit, the school board reviews, comments on, and approves the audited financial statements.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1168861 2025-001
    Material Weakness Repeat
  • 1168862 2025-002
    Material Weakness Repeat
  • 1168863 2025-001
    Material Weakness Repeat
  • 1168864 2025-002
    Material Weakness Repeat
  • 1168865 2025-001
    Material Weakness Repeat
  • 1168866 2025-002
    Material Weakness Repeat
  • 1168867 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.027 SPECIAL EDUCATION GRANTS TO STATES $394,577
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $275,109
93.778 MEDICAL ASSISTANCE PROGRAM $268,419
10.553 SCHOOL BREAKFAST PROGRAM $196,778
10.559 SUMMER FOOD SERVICE PROGRAM FOR CHILDREN $82,167
10.555 NATIONAL SCHOOL LUNCH PROGRAM $55,246
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $53,931
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $22,484
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $5,044
84.425 EDUCATION STABILIZATION FUND $3,750