FAC Explorer

Finding 497643 (2023-003)

- Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-09-23
Audit: 320436
Organization: Silver Lake Regional School District (MA)
Auditor: Lynch Marini & Associates INC

AI Summary

  • Core Issue: The District missed the March 31 filing deadline for the Single Audit, which is a repeat issue from last year.
  • Impacted Requirements: This delay violates OMB guidelines, resulting in a late filing status.
  • Recommended Follow-Up: The District should implement measures to ensure timely completion and filing of audits moving forward.

Finding Text

Criteria: OMB guidelines generally require the District’s Single Audit to be completed and filed by March 31 of the following year (March 31, 2024). Condition: The District was unable to meet the filing deadline in the current year. This is a repeat finding from the prior year. Cause: The District was not closed out and timely with the audit. Effect: The District’s filing is considered late by OMB. Auditor’s Recommendation: We recommend the District work to meet the required filing deadline. View of Responsible Official and Planned Corrective Action: The District is working to meet filing deadlines in the future.

Corrective Action Plan

The District is working to meet filing deadlines in the future.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 497640 2023-002
    Material Weakness Repeat
  • 497641 2023-002
    Material Weakness Repeat
  • 497642 2023-002
    Material Weakness Repeat
  • 497644 2023-003
    - Repeat
  • 497645 2023-003
    - Repeat
  • 1074082 2023-002
    Material Weakness Repeat
  • 1074083 2023-002
    Material Weakness Repeat
  • 1074084 2023-002
    Material Weakness Repeat
  • 1074085 2023-003
    - Repeat
  • 1074086 2023-003
    - Repeat
  • 1074087 2023-003
    - Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $404,748
10.555 National School Lunch Program $383,378
84.010 Title I Grants to Local Educational Agencies $129,327
10.579 Child Nutrition Discretionary Grants Limited Availability $34,765
84.027 Special Education_grants to States $22,602
84.424 Student Support and Academic Enrichment Program $16,737
84.173 Special Education_preschool Grants $6,729
84.048 Career and Technical Education -- Basic Grants to States $4,991
84.367 Improving Teacher Quality State Grants $2,381