Finding 1177028 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-09

AI Summary

  • Answer: The organization has sufficient cash resources, exceeding three months of average spending.
  • Trend: This indicates a positive financial position and suggests good cash management practices.
  • List: Monitor cash flow regularly, maintain reserves, and ensure expenditures align with budget forecasts.

Finding Text

Net cash resources exceeded three months average expenditures.

Corrective Action Plan

Find new ways to spend down the district's food service surplus

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1177026 2025-001
    Material Weakness Repeat
  • 1177027 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.027 SPECIAL EDUCATION GRANTS TO STATES $2.15M
10.555 NATIONAL SCHOOL LUNCH PROGRAM $1.86M
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $956,631
10.553 SCHOOL BREAKFAST PROGRAM $777,638
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $182,507
84.425 EDUCATION STABILIZATION FUND $92,229
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $70,211
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $60,497
93.778 MEDICAL ASSISTANCE PROGRAM $48,955
84.048 CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES $31,903
10.185 LOCAL FOOD FOR SCHOOLS COOPERATIVE AGREEMENT PROGRAM $26,803
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $24,544
84.365 ENGLISH LANGUAGE ACQUISITION STATE GRANTS $14,753
10.558 CHILD AND ADULT CARE FOOD PROGRAM $11,101