Finding Text
Criteria: Nonfederal entities in receipt of federal funds must comply with the requirements of 2 CFR200.303(a), which require an entity to establish and maintain effective internal control over the federal award to ensure compliance with federal statutes, regulations, and the terms and conditions of the federal award. This includes properly identifying all federal awards subject to the Uniform Guidance and fairly presenting the required information in the schedule of expenditures of federal awards (SEFA). Condition: The SEFA for the year ended June 30, 2024 was not prepared in a timely manner. Cause: The District's internal controls did not properly identify the federal funding to be reported on the SEFA. Effect: The Schedule of Expenditures of Federal Awards of was not prepared in a timely manner which resulted in an untimely audit of compliance with the types of compliance requirements described in the OMB Compliance Supplement in accordance with the Uniform Guidance. Recommendation: Management should implement effective controls to identify federal grant moneys and ensure timely reporting. Views of Responsible Officials: Management agrees with the finding.