Finding 25415 (2022-003)

Material Weakness

Requirement

Questioned Costs

Year

2022

Accepted

2023-02-15

Audit: 25623

Organization: Sheridan School District (OR)

Auditor: Accuity LLC

AI Summary

Issue: The District failed to obtain prior approval for capital expenditures related to a major program.
Trend: Misclassifications in the trial balance resulted in improper reimbursement from the grant.
Follow-up: Ensure all capital expenditures receive necessary approvals before purchase to comply with grant requirements.

Finding Text

The District did not get prior approval for capital expenditures under the major program as required. Miscodings in the trial balance led to capital expenditures being reimbursed by the grant that required approval prior to purchasing as stated in the compliance supplement.

Corrective Action Plan

Purchases will be reviewed and measured against standards set in the program budgeting and accounting manual to ensure that proper coding occurs based on anticipated life span and initial cost.

Other Findings in this Audit

601857 2022-003

Material Weakness

Programs in Audit

ALN	Program Name	Expenditures
84.425	Education Stabilization Fund	$1.65M
84.010	Title I Grants to Local Educational Agencies	$381,238
10.553	School Breakfast Program	$187,295
84.027	Special Education_grants to States	$163,662
10.555	National School Lunch Program	$33,954
10.582	Fresh Fruit and Vegetable Program	$17,260
84.367	Improving Teacher Quality State Grants	$7,781
84.323	Special Education - State Personnel Development	$4,961
10.559	Summer Food Service Program for Children	$4,354
84.424	Student Support and Academic Enrichment Program	$2,224
10.649	Pandemic Ebt Administrative Costs	$614