FAC Explorer

Finding 42441 (2022-001)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2022-11-17
Audit: 39718
Organization: Maypearl Independent School District (TX)
Auditor: Anderson Marx & Bohl PC

AI Summary

  • Core Issue: The District exceeded its budget in multiple areas, including the General Fund and the National School Breakfast and Lunch Program.
  • Impacted Requirements: Proper budgeting procedures were not followed, leading to unapproved expenditures.
  • Recommended Follow-Up: Implement procedures for timely budget amendments to prevent future overexpenditures.

Finding Text

Financial Statement Findings 2022-001 Budget Overages Condition: The District failed to maintain budgeting controls over expenditures by exceeding its budget in various functions in the General Fund and in the National School Breakfast and Lunch Program. Criteria: The District is required to maintain proper budgeting procedures in order to ensure adequate oversight of its expenditure approvals and must approve budget amendments before approving expenditures. Effect: The District did not amend its budget properly causing overexpenditures. Casue: The District failed to properly amend its budget. Recommendation: The District should ensure procedures are in place to provide for proper budget amendments. District's Response: The District will review existing procedures and adjust its budget accordingly.

Corrective Action Plan

The District will monitor its budget procedures and amend the budget as needed throughout the year. Joshua Boone at 972-435-1000 will be responsible for this and will complete the necessary actions by August 31, 2023.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 42442 2022-001
    Material Weakness
  • 42443 2022-001
    Material Weakness
  • 42444 2022-001
    Material Weakness
  • 618883 2022-001
    Material Weakness
  • 618884 2022-001
    Material Weakness
  • 618885 2022-001
    Material Weakness
  • 618886 2022-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $260,938
84.027 Special Education_grants to States $244,664
10.553 School Breakfast Program $125,385
84.010 Title I Grants to Local Educational Agencies $42,904
93.600 Head Start $38,398
10.555 National School Lunch Program $30,049
84.367 Improving Teacher Quality State Grants $21,918
84.424 Student Support and Academic Enrichment Program $11,412
84.173 Special Education_preschool Grants $3,556
84.365 English Language Acquisition State Grants $1,688