FAC Explorer

Finding 38976 (2022-002)

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Requirement
P
Questioned Costs
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Year
2022
Accepted
2023-03-02
Audit: 36807
Organization: Pearl City C.u.s.d. #200 (IL)
Auditor: Benning Group LLC

AI Summary

  • Answer: A cash transfer of $158,877 was made without the necessary board resolution.
  • Trend: This indicates a potential pattern of non-compliance with authorization requirements for fund transfers.
  • List: Ensure all future transfers have board resolution approval; review past transfers for compliance; implement training on authorization processes.

Finding Text

Permanent transfers are required to have statutory authorization by board resolution. A transfer of $158,877 of cash between the Working Cash fund and the Capital Projects fund was recorded without authorization via board resolution.

Corrective Action Plan

In the future, the board will approve all transfers and abatements.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund Esser II $221,767
84.425 Education Stabilization Fund Esser III $158,505
10.555 National School Lunch Program $158,111
84.027 Special Education_grants to States $114,170
84.027 Special Education_grants to States Room and Board $87,069
84.010 Title I Grants to Local Educational Agencies $81,519
84.358 Rural Education $36,130
10.553 School Breakfast Program $18,965
10.555 Non-Cash Food Commodity $14,752
93.778 Medical Assistance Program $7,661
84.173 Special Education_preschool Grants $7,440
10.560 State Administrative Expenses for Child Nutrition $4,855
10.555 Fresh Fruits & Vegetables $4,170
84.173 Special Education_preschool Grants Arp Idea Pre-K $2,081
84.048 Career and Technical Education -- Basic Grants to States $878
10.556 Special Milk Program for Children $721
10.649 Pandemic Ebt Administrative Costs $614