Responsible Parties: Erik Estill and Russell Raney Finding: The child nutrition program cumulative net cash resources as of September 30, 2023, totaled $401,854 which exceeded the 3-month net cash resource limit by $261,641. Corrective Action: The child nutrition program accumulated a large net cash resource balance during the COVID pandemic and the USDA extension of the seamless summer feeding program. During the ALSDE review of the FY 2024 financial statement submission and the required CNP financial profile submission, the school was notified of the net cash resource balance and was required to submit a detailed spenddown plan to bring net cash resources under the 3-month limit. The spend-down plan was approved by the ALSDE, and the school is currently operating under the plan. The spend-down plan was revised by the school, reviewed and approved by the ALSDE in conjunction with the FY 2025 financial statement submission. Expected Completion Date: August 4, 2025