Finding 1170260 (2024-006)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-01-22

AI Summary

  • Core Issue: The final financial report for the Education Stabilization Fund is overdue, violating reporting requirements.
  • Impacted Requirements: Compliance with 2 CFR section 200.344(a) requires timely submission of reports within 90 days post-performance period.
  • Recommended Follow-up: The School should establish procedures to ensure all reports are submitted on time and accurately.

Finding Text

2024-006 U.S. Department of Education Passed-through the Commonwealth of Massachusetts Department of Elementary and Secondary Education COVID-19 – Education Stabilization Fund – ALN 84.425 Criteria: Per 2 CFR section 200.344(a), a subrecipient must submit to the pass-through agency, no later than 90 calendar days after the end date of the period of performance, all financial, performance and other reports as required by the terms and conditions of the Federal award. Condition: One Education Stabilization Fund final financial report has not been submitted that is overdue. Cause: Lack of procedures to timely report financial information to the pass-through agency. Effect: The Town is not in compliance with reporting requirements. Questioned Costs: None Repeat Finding from Prior Year: No Recommendation: The School should implement procedures to file all reporting timely and accurately. Views of Responsible Official: Management agrees with the finding.

Corrective Action Plan

Condition: One Education Stabilization Fund final financial report has not been submitted that is overdue. Corrective Action Planned: Upon review, the District confirmed that the grants identified in this finding have either already had their final financial reports submitted or were operating under approved late liquidation extensions, during which final reporting is not yet required. The District has verified all reporting statuses and updated its internal grant tracking to ensure documentation of late-liquidation approvals is consistently stored with each grant file. No further action is needed beyond maintaining the existing reporting calendar and reconciliation procedures now in place. Anticipated Completion Date: Procedures are already implemented. Contact: Liz Latoria, School Director of Finance and Operations

Categories

Subrecipient Monitoring Period of Performance Reporting

Other Findings in this Audit

  • 1170245 2024-004
    Material Weakness Repeat
  • 1170246 2024-004
    Material Weakness Repeat
  • 1170247 2024-004
    Material Weakness Repeat
  • 1170248 2024-004
    Material Weakness Repeat
  • 1170249 2024-004
    Material Weakness Repeat
  • 1170250 2024-004
    Material Weakness Repeat
  • 1170251 2024-004
    Material Weakness Repeat
  • 1170252 2024-004
    Material Weakness Repeat
  • 1170253 2024-005
    Material Weakness Repeat
  • 1170254 2024-005
    Material Weakness Repeat
  • 1170255 2024-005
    Material Weakness Repeat
  • 1170256 2024-005
    Material Weakness Repeat
  • 1170257 2024-006
    Material Weakness Repeat
  • 1170258 2024-006
    Material Weakness Repeat
  • 1170259 2024-006
    Material Weakness Repeat
  • 1170261 2024-007
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 EDUCATION STABILIZATION FUND $555,247
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $546,348
10.553 SCHOOL BREAKFAST PROGRAM $243,801
10.555 NATIONAL SCHOOL LUNCH PROGRAM $72,180
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $47,423
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $14,965
97.042 EMERGENCY MANAGEMENT PERFORMANCE GRANTS $3,390
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $2,579
84.027 SPECIAL EDUCATION GRANTS TO STATES $628
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $39