Finding Text
Criteria: Organizations expending an excess of $750,000 in federal awards are required to submit a data collection form to the Federal Clearinghouse no later than the earlier of nine months following the fiscal year end or one month after the Single Audit on Uniform Guidance report is issued.
Condition: The Single Audit was started in October 2023 and not completed until May 2024. The data collection form was not submitted in a timely fashion.
Context: The District had a significant amount of personnel turnover, causing difficulties in preparation of the financial statements and schedule of federal expenditures.
Effect: The District is not in compliance with the Single Audit provisions requiring the timely submission of the data collection form.
Cause of Condition: The District had significant turn over in the fiscal office, which resulted in the delay of the single audit.
Recommendation: The District should ensure all parties assisting with the reporting and recording of federal expenditures are well trained in the requirements.
Views of responsible officials and planned corrective actions: The Board concurs with the finding, and is in the process of developing processes and implementing controls to ensure timely reporting in the future.