Finding 44093 (2022-003)

-
Requirement
F
Questioned Costs
-
Year
2022
Accepted
2023-07-10

AI Summary

  • Core Issue: The District failed to maintain required property records for equipment purchased with federal Education Stabilization Funding.
  • Impacted Requirements: This non-compliance violates Equipment and Real Property Management criteria outlined in 2 CFR section 200.313(d)(1).
  • Recommended Follow-Up: Assign an employee to create and maintain property records as per federal requirements by June 30, 2023.

Finding Text

SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS 1. FINDING NUMBER: 2022- 003 2. THIS FINDING IS: X New Repeat from Prior year? Year originally reported? 3. Federal Program Name and Year: COVID 19: Education Stabilization Fund (2021 & 2022) 4. Project No.: 4998-E2, E3 5. CFDA No.: 84.425D-COVID 19, 84.425U-COVID 19 6. Passed Through: Illinois State Board of Education 7. Federal Agency: Department of Education 8. Criteria or specific requirement (including statutory, regulatory, or other citation) Equipment and Real Property Management compliance requirements require that property records be maintained that include a description of the property, a serial number or other identification number, the source of funding of the property (including the federal award identification number), who holds title, the acquisition date, cost of the property, percentage of federal participation in the project costs for the federal award under which the property was acquired, the location, use and condition of the property and any ultimate disposition data including the date of disposal and the sales price of the property. (2 CFR section 200.313(d)(1)) 9. Condition The District did not maintain property records for equipment purchased with Education Stabilization Funding. 10. Questioned Costs None 11. Context The inventory of equipment is material to the program. 12. Effect The District is not in compliance with Equipment and Real Property Management compliance requirements. 13. Cause The District has rarely paid for projects with federal funds in the past and was unaware of the requirement. 14. Recommendation The District should assign an employee to prepare the District's property records in accordance with the requirements of 2 CFR section 200.313(d)(1). 15. Management's response Management will implement the auditor's recommendation in the year ended June 30, 2023.

Corrective Action Plan

17-020-0150-26 CORRECTIVE ACTION PLAN FOR CURRENT YEAR AUDIT FINDINGS Year Ending June 30, 2022 Corrective Action Plan Finding No.: 2022-_ 003_ Condition: The District did not maintain property records for equipment purchased with Education Stabilization Funding. Plan: The District will assign an employee to prepare the District's property records in accordance with the requirements of 2 CFR section 200.313(d)(1). Anticipated Date of Completion: 06/30/2023 Name of Contact Person: Drew Goebel Management Response: Management will implement the auditor's recommendation in the year ended June 30, 2023.

Categories

Equipment & Real Property Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $789,658
84.425 Education Stabilization Fund $482,737
10.553 School Breakfast Program $176,365
93.778 Medical Assistance Program $71,988
84.027 Special Education_grants to States $65,500
84.367 Improving Teacher Quality State Grants $63,378
84.010 Title I Grants to Local Educational Agencies $30,435
84.424 Student Support and Academic Enrichment Program $29,140
84.173 Special Education_preschool Grants $8,369
10.649 Pandemic Ebt Administrative Costs $614