FAC Explorer

Finding 30160 (2022-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-04-13
Audit: 38111
Organization: Mountain Valley School District Re-1 (CO)
Auditor: Wall Smith Bateman INC

AI Summary

  • Core Issue: The District failed to submit the annual financial report for the Education Stabilization Fund by the required deadline.
  • Impacted Requirements: The report was due by October 29, 2021, but was filed late on December 30, 2021, indicating a significant deficiency in internal controls.
  • Recommended Follow-Up: The District should implement stronger internal controls and establish clear policies to ensure timely compliance with grant reporting requirements.

Finding Text

Finding 2022-002: COVID-19 Education Stabilization Fund, CFDA 84.425D U.S. Department of Education Passed through the Colorado Department of Education Compliance Requirements: Reporting Grant No.: 4425 Type of Finding: Internal Control Over Compliance (significant deficiency) and Compliance (noncompliance) Condition: The Education Stabilization Fund annual financial report was not filed until December 30, 2021. Cause: The District did not have a system of internal control in place to ensure compliance with the reporting requirements of the Education Stabilization Fund. Criteria: The Education Stabilization Fund grant terms and conditions required the submission of the annual financial report to the Colorado Department of Education no later than October 29, 2021. Effect: The District did not comply with grant reporting deadlines. Recommendation: The District should strengthen its internal controls with adopted policies and procedures to ensure compliance with federal program requirements.

Corrective Action Plan

Finding 2022-002:COVID-19 Education Stabilization Fund, CFDA 84.425D U.S. Department of Education Passed through the Colorado Department of Education Compliance Requirements: Reporting Grant No.: 4425 Type of Finding: Internal Control Over Compliance (significant deficiency) and Compliance (noncompliance) Recommendation: The District should strengthen its internal controls with adopted policies and procedures to ensure compliance with federal program reporting requirements. Action Taken: The district will strength its internal control to ensure that all reporting requirements are met in a timely manner. If the U.S. Department of Education has questions regarding this plan, please call the responsible party listed below. Sincerely yours, Jeff Bollinger Superintendent Mountain Valley School District RE-1 Lisa DuPont Co-Business Manager Mountain Valley School District RE-1 Rebecca Quintana Co-Business Manager Mountain Valley School District RE-1

Categories

Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 30161 2022-003
    Material Weakness
  • 606602 2022-002
    Significant Deficiency
  • 606603 2022-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.425 Covid-19 Education Stabilization Fund $318,754
10.665 Schools and Roads - Grants to States $208,659
84.184 School Safety National Activities (formerly, Safe and Drug-Free Schools and Communities_national Programs) $127,409
84.010 Title I Grants to Local Educational Agencies $81,475
10.553 School Breakfast Program $41,586
93.575 Child Care and Development Block Grant $27,654
84.358 Rural Education $18,193
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $10,893
84.424 Student Support and Academic Enrichment Program $10,000
10.555 National School Lunch Program $7,646
84.323 Special Education - State Personnel Development $7,020