Finding 391597 (2023-001)

Significant Deficiency Repeat Finding
Requirement
F
Questioned Costs
-
Year
2023
Accepted
2024-04-01

AI Summary

  • Core Issue: The District failed to tag and track capital assets bought with Education Stabilization Fund money.
  • Impacted Requirements: This violates compliance rules under 2 CFR Section 200.313 and Section 200.439 regarding equipment management.
  • Recommended Follow-Up: The District plans to implement procedures to ensure proper tagging, tracking, and inventory of federal assets.

Finding Text

Finding Number: 2023-001 Repeat Finding: Yes Program Name/Assistance Listing Title: Education Stabilization Fund Assistance Listing Number: 84.425D and 84.425U Federal Agency: U.S. Department of Education Federal Award Number: 23SSPCON-311221-01A, 21FESSII-111221-01A, 21FESIII-111221-01A Questioned Costs: None Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Equipment/Real Property Management Condition/Context: The District did not tag and track the capital assets purchased with Education Stabilization Fund monies. Criteria: 2 CFR Section 200.313 (equipment) and section 200.439 (equipment and other capital expenditures) Effect: Noncompliance with grant requirements. Cause: Management oversight. Recommendation: The District should ensure that it tags, tracks, and inventories its capital assets purchased with federal monies. Response: The District concurs with this recommendation and will implement procedures to ensure compliance with grant requirements. Contact person: Clay Bowman, Director of Finance

Corrective Action Plan

CORRECTIVE ACTION PLAN U.S. Department of Education Thatcher Unified School District No. 4 respectfully submits the following corrective action plan for the year ended June 30, 2023. Audit period: July 1, 2022 – June 30, 2023 The findings from the schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS— FEDERAL AWARDS FINDINGS AND QUESTIONED COSTS Finding Number: 2023-001 Repeat Finding: Yes Program Name/Assistance Listing Title: Education Stabilization Fund Assistance Listing Number: 84.425D and 84.425U Federal Agency: U.S. Department of Education Federal Award Number: 23SSPCON-311221-01A, 21FESSII-111221-01A, 21FESIII-111221-01A Questioned Costs: None Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Equipment/Real Property Management Condition/Context: The District did not tag and track the capital assets purchased with Education Stabilization Fund monies. Action planned in response to finding: Management will establish procedures to ensure all assets are properly tagged and tracked to prevent theft, fraud, or misuse of District assets. Planned completion date for corrective action plan: For the period ending June 30, 2024. Name of the contact person responsible for corrective action: Clay Bowman, Director of Finance

Categories

Equipment & Real Property Management Procurement, Suspension & Debarment Significant Deficiency

Other Findings in this Audit

  • 968039 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $926,339
84.010 Title I Grants to Local Educational Agencies $311,288
84.027 Special Education_grants to States $305,621
84.367 Improving Teacher Quality State Grants $88,298
10.555 National School Lunch Program $80,713
10.553 School Breakfast Program $32,313
84.424 Student Support and Academic Enrichment Program $20,934
10.665 Schools and Roads - Grants to States $18,963
84.173 Special Education_preschool Grants $7,245
84.048 Career and Technical Education -- Basic Grants to States $3,290