FAC Explorer

Finding 32796 (2022-003)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2022-11-20
Audit: 29371
Organization: Freeburg Community Consolidated School District No. 70 (IL)
Auditor: Scheffel Boyle

AI Summary

  • Core Issue: There is a mismatch between the accounts used in the general ledger and those reported in the quarterly expenditure reports.
  • Impacted Requirements: Accurate reporting is essential; discrepancies were found in multiple account numbers.
  • Recommended Follow-Up: Review the general ledger against the expenditure reports prior to submission for improved accuracy.

Finding Text

Criteria: Reporting. The accounts used to record expenditure on the quarterly expenditure reports should match the general ledger accounts when the expenditures are recorded. Condition: It was noted that there was an inconsistency when comparing the general ledger to what was reported on the expenditure reports. Questioned Costs: No questioned costs. Context: Tied out all the expenditure account numbers to the general ledger versus the 6/30/22 expenditure reports. Noted that the expenditures were recorded in 1220-300 in the general ledger but were reported in 2130-400 on the expenditure report. Also noted that 1210-100 in the general ledger was reported in 3700-100 on the expenditure report and 1210-200 in the general ledger was reported as 3700-200 on the expenditure report and that 2210-300 in the general ledger was reported in 4000-300 on the expenditure report. Effect: The expenditures were not recorded/reported consistently between the two reports. Cause: A coding error was made when entering the expenditure into the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submitting for more accurate reporting. Management response: The District will review the general ledger to the expenditure reports before submitting.

Corrective Action Plan

Condition: It was noted that there was an inconsistency when comparing the general ledger to what was reported on the expenditure report. Recommendation: We recommend reviewing the general ledger to the expenditure report before submitting to review for accuracy. Management response: Management agrees to review the general ledger to the expenditure report before submitting. Anticipated date of completion: June 30, 2023.

Categories

Reporting

Other Findings in this Audit

  • 32797 2022-003
    Significant Deficiency
  • 32798 2022-002
    Significant Deficiency
  • 32799 2022-001
    Significant Deficiency
  • 609238 2022-003
    Significant Deficiency
  • 609239 2022-003
    Significant Deficiency
  • 609240 2022-002
    Significant Deficiency
  • 609241 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $207,016
32.009 Emergency Connectivity Fund Program $130,566
84.010 Title I Grants to Local Educational Agencies $103,200
10.553 School Breakfast Program $83,497
10.555 National School Lunch Program $33,488
10.560 State Administrative Expenses for Child Nutrition $18,665
84.173 Special Education_preschool Grants $8,820
84.425 Education Stabilization Fund $8,717
93.778 Medical Assistance Program $6,077
84.367 Improving Teacher Quality State Grants $802
10.649 Pandemic Ebt Administrative Costs $614