Finding 503150 (2024-001)

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Requirement
L
Questioned Costs
-
Year
2024
Accepted
2024-10-18
Audit: 325172

AI Summary

  • Core Issue: The School District failed to submit three financial reports on time, violating compliance requirements.
  • Impacted Requirements: Timely reporting to the pass-through entity is essential to avoid potential freezing of federal funds.
  • Recommended Follow-Up: Management should enhance internal controls and review policies to ensure future compliance with reporting deadlines.

Finding Text

8. Criteria or specific requirement (including statutory, regulatory, or other citation): The compliance requirements for "Reporting", requires that LEA's report financial information to the pass-through entity and that those reports are accurate and supported by the underlying accounting records. '9. Condition: School District did not comply with the requirements of filing period and quarterly reports by the due date set by ISBE. A total of 3 reports were filed late. '10. Questioned Costs: N/A. '11. Context: The School District did not timely file two period and one quarterly expenditure report. The reports for the period ending 11/30/2023, due 12/20/2023, were submitted on 01/16/2024 for grant 84.010 and were submitted on 12/22/2023 for grant 84.425W. The report for the quarter ending 12/31/2023, due 01/20/2024, was submitted on 02/14/2024 for grant 84.010. '12. Effect: The District was not compliant with reporting requirements. Due to the late filing of reports, ISBE could freeze the School District's federal funds. 13. Cause: Policies and procedures are in place that provided reasonable assurance that reports of federal awards submitted to ISBE are filed in a timely manner by the due dates provided by ISBE. The School District did not follow this process. 14. Recommendation: We recommend that management review its policies and procedures and implement changes to strengthen internal control over federal reporting. 15. Management's response: The District has agreed with the findings and recommendations as presented. The District will review the reporting deadlines and file reports moving forward in a timely manner by the due dates.

Categories

Reporting Subrecipient Monitoring

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $293,916
10.553 School Breakfast Program $263,226
84.010 Title I Grants to Local Educational Agencies $83,578
93.778 Medical Assistance Program $71,168
84.367 Improving Teacher Quality State Grants $68,675
84.425 Education Stabilization Fund $28,224
84.365 English Language Acquisition State Grants $28,003
84.424 Student Support and Academic Enrichment Program $21,559
10.555 National School Lunch Program $19,513
84.173 Special Education_preschool Grants $11,127
10.649 Pandemic Ebt Administrative Costs $653