Finding 478364 (2023-010)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-07-12

AI Summary

  • Issue: The District submitted its audit late, missing the March 31, 2024 deadline for the fiscal year ending June 30, 2023.
  • Requirements Impacted: This delay violates MT Administrative Rules 2.4.411 and Federal Uniform Guidance/A-133.
  • Follow-Up: Ensure the District gathers necessary documentation to complete future audits on time and complies with all relevant regulations.

Finding Text

2023-010 Late Audit Submission CFDA Title: Impact Aid CFDA Number: 84.041 Federal Award Number: 2023 Federal Agency: U.S. Department of Education Pass-through Entity: Direct Condition: Montana local governments with a June 30th fiscal year end must submit their audit report to the MT Department of Administration and the Federal Clearing house by March 31st, following the fiscal year end. The District’s audit was not completed until May 2024. Criteria: The audit for the fiscal year ended June 30th, 2023, was due to the State and the Federal government by March 31, 2024 as required by MT Administrative Rules 2.4.411 and the Federal Uniform Guidance/A-133 rules. Context: Per review of the audit compliance requirements for both the State of Montana and the Federal government. Effect: The District is late in completing their fiscal year 2023 audit. Cause: The District was unable to provide needed documentation to complete both the financial statement portion of the audit and the federal compliance testing for the audit. Recommendation: We recommend the District complete their annual audits in compliance with MT Administrative Rules 2.4.411 and federal rules described in the Uniform Guidance/A- 133.

Corrective Action Plan

FINDING 2023-010: Late Audit Submission Response: The District was in compliance with timely submissions until the auditor notified the District he was not able to complete the audit due to serious health issues. Due to the shortage of OPI approved auditors, the District was not able to acquire an auditing firm. The District will work with an auditing firm to complete future audits within the timelines required.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 478363 2023-009
    Material Weakness Repeat
  • 1054805 2023-009
    Material Weakness Repeat
  • 1054806 2023-010
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.041 Impact Aid $2.14M
84.425 Education Stabilization Fund $193,801
10.553 School Breakfast Program $47,705
84.060 Indian Education_grants to Local Educational Agencies $36,645
84.010 Title I Grants to Local Educational Agencies $33,986
15.130 Indian Education_assistance to Schools $6,826
84.358 Rural Education $6,514
10.555 National School Lunch Program $5,683
10.582 Fresh Fruit and Vegetable Program $5,085
10.559 Summer Food Service Program for Children $4,059