FAC Explorer

Finding 46860 (2022-001)

Significant Deficiency Repeat Finding
Requirement
LP
Questioned Costs
-
Year
2022
Accepted
2023-03-08
Audit: 54251
Organization: East Dubuque Unit School District #119 (IL)
Auditor: Benning Group LLC

AI Summary

  • Answer: The district needs to improve its financial statement preparation to avoid material audit adjustments.
  • Trend: Issues with revenue and expense reporting were identified during the fiscal year 2022 audit.
  • List: Ensure compliance with the Illinois School Code and IPAM for accurate financial reporting.

Finding Text

The district is responsible for preparation of accurate financial statements. Material audit adjustments were identified during the fiscal year 2022 financial audit. Adjustments were needed in order to properly report certain items of revenue and expense in accordance with provisions of the Illinois School Code and the Illinois Program Accounting Manual (IPAM).

Corrective Action Plan

The District will consult the IPAM and consult auditor for guidance. See the full Corrective Action Plan included with the reporting package.

Categories

Special Tests & Provisions

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund Esser III $643,731
10.555 National School Lunch Program $196,732
84.027 Special Education_grants to States $174,870
84.425 Education Stabilization Fund Esser II $123,057
84.010 Title I Grants to Local Educational Agencies $87,384
32.009 Emergency Connectivity Fund Program $60,426
10.553 School Breakfast Program $44,917
10.555 Non-Cash Food Commodity $18,368
84.367 Improving Teacher Quality State Grants $18,082
10.555 Fresh Fruits and Vegetables $16,845
93.778 Medical Assistance Program $13,533
84.173 Special Education_preschool Grants $12,922
84.424 Student Support and Academic Enrichment Program $10,000
10.555 National School Lunch Program Crrsa Child Nutrition $3,275
10.649 Pandemic Ebt Administrative Costs $614