Finding Text
Criteria: Reporting. The District budgeted a capital outlay item in a supply account. Condition: It was noted that an expense was budgeted and recorded in the 400 supplies account but should have been budgeted and recorded in the 500 capital outlay account. Questioned costs: $1,233 for a washer/dryer that was paid for out of the supply accounts but should have been budgeted and paid for out of a capital outlay account. Context: The District budgeted for supplies for the Early Childhood special education classroom in the 400 account for a total of $4,006. The District purchased a washer/dryer for $1,233 that should have been budgeted for out of the 500 account. Effect: The District did not properly budget for the expenses in the grant. Cause: A budgeting error was made when completing the budget. Recommendation: We recommend reviewing the budget and amending as ncessary. Management's response: The District will review the budget and amend as necessary during the year.