FAC Explorer

Finding 21767 (2022-002)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-03-29
Audit: 27497
Organization: Clayton Ridge Community School District (IA)
Auditor: O'Connor Brooks & CO PC

AI Summary

  • Core Issue: The District lacks proper procedures for recording long-term liabilities and related expenses.
  • Impacted Requirements: This gap may affect compliance with federal program transactions under various assistance listings.
  • Recommended Follow-Up: Implement robust financial reporting procedures to ensure accurate recording of all liabilities and expenses.

Finding Text

Assistance Listing Number 10.553: School Breakfast Program Assistance Listing Number 10.555: National School Lunch Program Assistance Listing Number 10.559: Summer Food Service Program for Children Pass-Through Entity Identifying Number: N/A Federal Award Year: 2022 Prior Year Finding Number: N/A U.S. Department of Agriculture Passed through the Iowa Department of Education Assistance Listing Number 84.425C: COVID-19 Governor?s Emergency Education Relief (GEER) Fund Assistance Listing Number 84.425D: COVID-19 Elementary and Secondary School Relief (ESSER) Funds Assistance Listing Number 84.425U: Higher Education Emergency Relief Fund American Rescue Plan ? Elementary and Secondary School Relief (ESSER) Funds Pass-Through Entity Identifying Number: N/A Federal Award Year: 2022 Prior Year Finding Number: N/A U.S. Department of Education Passed through the Iowa Department of Education 2022-002-Financial Reporting ? The District did not have proper procedures in place to ensure all long term liability and related expense transactions were properly recorded. This could potentially impact transactions related to federal programs.

Categories

School Nutrition Programs Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 21760 2022-001
    Material Weakness Repeat
  • 21761 2022-002
    Material Weakness
  • 21762 2022-001
    Material Weakness Repeat
  • 21763 2022-002
    Material Weakness
  • 21764 2022-001
    Material Weakness Repeat
  • 21765 2022-002
    Material Weakness
  • 21766 2022-001
    Material Weakness Repeat
  • 598202 2022-001
    Material Weakness Repeat
  • 598203 2022-002
    Material Weakness
  • 598204 2022-001
    Material Weakness Repeat
  • 598205 2022-002
    Material Weakness
  • 598206 2022-001
    Material Weakness Repeat
  • 598207 2022-002
    Material Weakness
  • 598208 2022-001
    Material Weakness Repeat
  • 598209 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $477,817
10.555 National School Lunch Program $388,364
32.009 Emergency Connectivity Fund Program $110,800
84.010 Title I Grants to Local Educational Agencies $89,507
84.027 Special Education_grants to States $84,688
10.553 School Breakfast Program $69,716
84.048 Career and Technical Education -- Basic Grants to States $16,628
84.367 Improving Teacher Quality State Grants $15,861
10.559 Summer Food Service Program for Children $10,321
84.424 Student Support and Academic Enrichment Program $9,150
84.391 Arp-Special Education Grants to State $4,684
10.649 Pandemic Ebt Administrative Costs $614