Finding Text
2022-001 ? Cash Management Criteria: Under the Uniform Guidance ?200.305(b) ? Federal Payment, the School Department must minimize the time elapsing between the transfer of funds from the US Treasury or pass-through entity and disbursement by the School Department. Statement of Condition: The School Department received reimbursement for CRF and ESSER expenditures incurred related to retirement contributions on federally funded salaries for which the disbursement to the vendor was not made in a reasonable amount of time. Cause: Federally funded employees under the CRF and ESSER grants were unable to be setup in Munis to accrue the correct retirement contribution. As a result, journal entries were required to accrue the expenditures, which caused delays in payment. Effect: Non-compliance with general provisions of The Uniform Guidance may affect future grants received by the School Department in the future. Recommendation: We recommend that management ensures all items charged to federal grants are expended prior to reimbursement requests.