FAC Explorer

Finding 1205798 (2025-001)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2025
Accepted
2026-04-02
Audit: 397524
Organization: Maroa-Forsyth Cusd 2 (IL)
Auditor: FLOYD & ASSOCIATES CPAS

AI Summary

  • Answer: Incorrect salaries and benefits were reported to the Illinois State Board of Education.
  • Trend: This issue indicates a potential pattern of inaccuracies in financial reporting.
  • List: Follow up by reviewing all reported expenditures for accuracy and implementing a verification process.

Finding Text

During our testing of the expenditures reported to the Illinois State Board of Education it was discovered that incorrect salaries and benefits were reported

Corrective Action Plan

Management will review reports more closely in the future to ascertain the forms are correctly reporting expenditures.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
84.027 SPECIAL EDUCATION GRANTS TO STATES $287,687
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $204,141
10.555 NATIONAL SCHOOL LUNCH PROGRAM $125,510
84.425 EDUCATION STABILIZATION FUND $27,783
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $22,296
10.582 FRESH FRUIT AND VEGETABLE PROGRAM $16,317
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $15,521
93.778 MEDICAL ASSISTANCE PROGRAM $12,618
10.565 COMMODITY SUPPLEMENTAL FOOD PROGRAM $11,083
84.173 SPECIAL EDUCATION PRESCHOOL GRANTS $5,653