Finding 400113 (2023-001)

Material Weakness Repeat Finding
Requirement
ABFN
Questioned Costs
-
Year
2023
Accepted
2024-06-06

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing risks in compliance requirements.
  • List: Implement proper segregation of duties to strengthen internal controls.

Finding Text

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect the compliance requirement category.

Corrective Action Plan

Julie Niles, Business Manager for the Tripp-Delmont School District, is the contact person responsible for the corrective action plan for this finding. This finding is due to the limited number of staff employed in the district's business office. The size of the school district and the monetary resources available prevent the hiring of additional staffing to the business office at proper levels for internal controls. We are aware of the weakness in internal controls and the findings that have been noted and will adhere to policies and procedures we have in place while providing compensating controls to reduce risk. This is an ongoing process.

Categories

Internal Control / Segregation of Duties Material Weakness

Other Findings in this Audit

  • 400114 2023-001
    Material Weakness Repeat
  • 976555 2023-001
    Material Weakness Repeat
  • 976556 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $558,771
84.010 Title I Grants to Local Educational Agencies $77,455
10.555 National School Lunch Program $49,655
84.367 Improving Teacher Quality State Grants $21,871
10.553 School Breakfast Program $13,951
84.424 Student Support and Academic Enrichment Program $10,807
10.582 Fresh Fruit and Vegetable Program $6,262
84.358 Rural Education $2,946
84.027 Special Education_grants to States $1,846