FAC Explorer

Finding 16022 (2022-001)

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Requirement
N
Questioned Costs
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Year
2022
Accepted
2023-03-27
Audit: 21390
Organization: Berlin Borough School District (NJ)
Auditor: Inverso & Stewart LLC

AI Summary

  • Answer: The Food Service Fund has $83,790 more cash than needed for three months of expenses.
  • Trend: This indicates a positive cash flow situation for the fund.
  • List: Monitor cash resources regularly to ensure continued financial health and consider reallocating excess funds if necessary.

Finding Text

The School District's Food Service Fund's net cash resources exceeded its three month average expenditures by $83,790.

Corrective Action Plan

Since June 30, 2022, the District has purchased and replaced kitchen equipment, painted the cafeteria and kitchen area and charged cafeteria aides to reduce Net Cash by $87,195. This is in excess of the Net Cash Resources Finding of $83,790.

Categories

School Nutrition Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $330,977
84.425 Education Stabilization Fund - Crrsa - Esser II $242,827
84.027 Special Education_grants to States $199,892
84.425 Education Stabilization Fund - Arp Esser III $151,487
84.010 Title I Grants to Local Educational Agencies $81,907
84.425 Education Stabilization Fund - Crrsa - Mental Health $45,000
84.027 Special Education_grants to States - Arp $40,834
10.553 School Breakfast Program $30,831
10.555 National School Lunch - Food Distribution Program $30,389
84.367 Improving Teacher Quality State Grants $20,053
84.425 Education Stabilization Fund - Crrsa - Learning Acceleration $18,750
84.425 Education Stabilization Fund - Cares - Esser I $13,724
84.424 Student Support and Academic Enrichment Program $11,639
84.173 Special Education_preschool Grants $8,935
10.555 National School Lunch Program - Emergency Operational Cost Program $8,916
84.173 Special Education_preschool Grants - Arp $3,682
84.425 Education Stabilization Fund - Arp - Evidence Based Learning $1,253
10.649 Pandemic Ebt Administrative Costs $614