Finding 1174063 (2025-006)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-02-18
Audit: 387723
Auditor: SCHEFFEL BOYLE

AI Summary

  • Core Issue: There is a mismatch between the general ledger and the quarterly expenditure report, specifically with account numbers.
  • Impacted Requirements: Accurate reporting of expenditures is essential for compliance and financial integrity.
  • Recommended Follow-Up: Review the general ledger against expenditure reports prior to submission to ensure consistency.

Finding Text

Criteria: Reporting. The account used to record expenditures on the quarterly expenditure reports should match the general ledger accounts where the expenditures are recorded. Condition: It was noted that there was an inconsistency when comparing the general ledger to what was reported on the expenditure report. Questioned costs: None. Context: Tied out all expenditure account numbers in the general ledger versus the 6/30/2025 expenditure report. Noted that the expenditure recorded in 2220-300 in the general ledger but were reported in 2230-300 in the expenditure report. Effect: The expenditures were not recorded/reported consistently between the two reports. Cause: A coding error was made when entering the expenditures into the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submitting for more accurate reporting. Management response: The District will review the general ledger to the expenditure reports before submitting.

Corrective Action Plan

Condition: The amounts used to record expenditures on the quarterly expenditure reports should match the general ledger accounts where the expenditures are recorded. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submittin for more accurate reporting. Management response: The District will review the general ledger to the expenditure reports before submitting.

Categories

Reporting

Other Findings in this Audit

  • 1174061 2025-005
    Material Weakness Repeat
  • 1174062 2025-004
    Material Weakness Repeat
  • 1174064 2025-007
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $323,932
84.027 SPECIAL EDUCATION GRANTS TO STATES $220,325
84.425 EDUCATION STABILIZATION FUND $114,171
10.553 SCHOOL BREAKFAST PROGRAM $107,533
93.778 MEDICAL ASSISTANCE PROGRAM $46,377
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $44,506
10.555 NATIONAL SCHOOL LUNCH PROGRAM $31,507
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $26,697
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $10,833