Finding Text
Period of Performance. Expenditures were reported in an incorrect quarter to the Illinois State Board of Education. No questioned costs. Of the 25 expenditures tested for the IDEA Cluster, two were reported in the June 30, 2024 expenditure report to the Illinois State Board of Education when they were incurred in a prior quarter of the fiscal year. The expenditures were reported on a quarterly expenditure report to the Illinois State Board of Education that did not match the quarter that the expenditure was incurred . The expenditure was applied to the grant via journal entry to the general ledger in the quarter ending June 30, 2024 when the expenditure had been incurred by the District in a prior quarter during the fiscal year. The District should report expenditures to the Illinois State Board of Education in the quarter that the expenditure is incurred. The District finance team will continue to monitor reporting by grant coordinators to ensure accurate reporting.