Finding 33690 (2022-011)

Significant Deficiency
Requirement
F
Questioned Costs
-
Year
2022
Accepted
2023-03-30

AI Summary

  • Core Issue: The District reported expenditures below the $5,000 capitalization threshold in capital outlay, including items from the ESSER 2 grant.
  • Impacted Requirements: Expenditures must only include items that meet or exceed the $5,000 threshold in capital outlay reports.
  • Recommended Follow-Up: Ensure future reports only list items that meet the capitalization threshold to comply with guidelines.

Finding Text

Equipment/Real Property Management. The District budgeted for and reported expenditures that were below its capitalization threshold of $5,000 in a capital outlay object in its general ledger and reports to ISBE. No questioned costs. The District budgeted for and reported $12,351 of expenditures for the ESSER 2 grant in a capital outlay object in both its general ledger and reports to ISBE when each individual item was below its capitalization threshold of $5,000. The District reported expenditures for non-capital outlay items that were below its capitalization threshold of $5,000 in a capital outlay object. The District inadvertently included individual items below its capitalization threshold of $5,000 in a capital outlay object. We recommend that only individual items that meet or exceed the District's capitalization threshold of $5,000 be included in capital outlay objects in its general ledger and expenditure reports to ISBE. The District will ensure that only items that meet or exceed the capitalization threshold of $5,000 be included in capital outlay objects.

Corrective Action Plan

Condition: We noted that the District budgeted for and reported expenditures that were below its capitalization threshold of $5,000 in a capital outlay object in its general ledger and reports to ISBE for the Education Stabilization Fund. Recommendation: We recommend that only individual items that meet or exceed the District's capitalization threshold of $5,000 be included in capital outlay objects in its general ledger and expenditure reports to ISBE. Management Response: The District will ensure that only items that meet or exceed the capitalization threshold of $5,000 be included in capital outlay objects. Anticipated Date of Completion: June 30, 2023

Categories

Equipment & Real Property Management

Other Findings in this Audit

  • 33683 2022-007
    Significant Deficiency
  • 33684 2022-009
    Significant Deficiency
  • 33685 2022-010
    Significant Deficiency
  • 33686 2022-007
    Significant Deficiency
  • 33687 2022-009
    Significant Deficiency
  • 33688 2022-010
    Significant Deficiency
  • 33689 2022-008
    Significant Deficiency
  • 33691 2022-012
    Significant Deficiency
  • 33692 2022-007
    Significant Deficiency
  • 33693 2022-007
    Significant Deficiency
  • 33694 2022-008
    Significant Deficiency
  • 610125 2022-007
    Significant Deficiency
  • 610126 2022-009
    Significant Deficiency
  • 610127 2022-010
    Significant Deficiency
  • 610128 2022-007
    Significant Deficiency
  • 610129 2022-009
    Significant Deficiency
  • 610130 2022-010
    Significant Deficiency
  • 610131 2022-008
    Significant Deficiency
  • 610132 2022-011
    Significant Deficiency
  • 610133 2022-012
    Significant Deficiency
  • 610134 2022-007
    Significant Deficiency
  • 610135 2022-007
    Significant Deficiency
  • 610136 2022-008
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $436,880
84.010 Title I Grants to Local Educational Agencies $285,234
84.367 Improving Teacher Quality State Grants $74,993
10.553 School Breakfast Program $45,734
93.778 Medical Assistance Program $26,722
84.425 Education Stabilization Fund $17,757
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $9,366
84.027 Special Education_grants to States $8,367
84.173 Special Education_preschool Grants $3,998
84.048 Career and Technical Education -- Basic Grants to States $2,475
10.649 Pandemic Ebt Administrative Costs $614
10.559 Summer Food Service Program for Children $255