Finding Text
2022-004 FINDING - REPORTING 84.041 Impact Aid Criteria Section 7005 of the ESEA specifies that a school district desiring to receive impact aid shall submit an application for such aid. Each such application shall be submitted in such form and manner as required including information to determine the eligibility of the school district for payment and the amount of such payment. Information reported in the application is used to determine funding amounts. Condition On the impact aid application for 2021-2022, there were multiple lines of financial data that were incorrectly reported using numbers from the wrong fiscal year. Questioned Costs None Cause The District missed some input factors when running the general ledger reports and therefore missed a few general ledger accounts that should have been included in the financial data reported. Context We tested the only application submitted during the year. Effect The District underreported a couple lines of financial data by $30,000 in total. Repeat Finding Yes Recommendation The District should ensure that the impact aid application information is obtained from the correct reports. Views of Responsible Officials and Planned Corrective Actions The District agrees with the recommendation and will implement immediately