Finding Text
1. Finding Number: 2022-003 2. This Finding is: New 3. Federal Program Name and Year: Education Stabilization Fund- 2022 4. Project No.: 4998- D2 & E3 5. CFDA No.: 84.425- COVID-19, 84.425D & 84.425- COVID-19, 84.425U 6. Passed Through: Illinois State Board of Education 7. Federal Agency: Department of Education 8. Criteria or specific requirement (including statutory, regulatory, or other citation) Internal control over Equipment and Real Property Management compliance requirements require the District to assign the responsibility to maintain all inclusive property records for all real property acquired with Federal Funds to a qualified employee. 9. Condition No District employee was assigned the responsibility of maintaining all inclusive federally funded property records; consequently, the District only has incomplete lists. 10. Questioned Costs None 11. Context No employee has ever been assigned the responsibility of maintaining all inclusive federally funded property records and several incomplete lists were in the possession of several different employees at June 30, 2022. 12. Effect The District's internal control over Equipment and Real Property Management compliance requirements is not as strong as possible. 13. Cause District administration was unaware that there was a federal compliance requirement for all inclusive federally funded property records; as a result, they failed to assign the related responsibility to an employee(s). 14. Recommendation District administrative personnel should maintain all inclusive federally funded property records by soliciting input from the employees previously maintaining incomplete lists. 15. Management's response Management will implement the auditor's recommendation for the year ended June 30, 2023.