Finding 520563 (2024-008)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-01-28

AI Summary

  • Core Issue: The District failed to report $150,733 in grant expenditures, risking reimbursement from the Illinois State Board of Education.
  • Impacted Requirements: The Superintendent must review supporting documentation to ensure all costs in grant reports are accurately reported.
  • Recommended Follow-Up: The Superintendent should consistently review all supporting documentation before approving expenditure reports to prevent future discrepancies.

Finding Text

Criteria: For effective internal controls, the Superintendent should be reviewing supporting documentation for the grant expenditure reports submitted to the Illinois State Board of Education to ensure all costs charged to the grant are correctly reported. Condition: The District Did not report grant expenditures totaling $150,733. Questioned Costs: None. Context: Total grant expenditures for the Elementary and Secondary School Emergency Relief Fund were $2,105,124 for the year ended June 30, 2024. Effect: The District did not report $150,733 of expenditures charged to the grant that could lead to the District not receiving reimbursement. Cause: The Bookkeeper reported the month-to-date balance for certain expenditures instead of the year-to-date amount since the expenditure reports are cumulative. The Superintendent does not receive the supporting documentation when approving the expenditure reports to ensure all costs are correctly reported. Recommendation: We recommend that the Superintendent review all supporting documentation for the expenditure reports submitted to the Illinois State Board of Education to ensure all costs are correctly reported before he approves the reports. Management's Response: The Superintendent will review all supporting documentation for the expenditure reports before he approves the reports going forward. The District has contacted the Illinois State Board of Education to re-open the report for correction.

Corrective Action Plan

Finding Type: Compliance. Name of Contact Person: Ronald Ferrell, Superintendent. Recommendation: We recommend that the Superintendent review all supporting documentation for the expenditure reports submitted to the Illinois State Board of Education to ensure all costs are correctly reported before he approves the reports. Corrective Action: The Superintendent will review all supporting documentation for the expenditure reports before he approves the reports going forward. The District has contacted the Illinois State Board of Education to re-open the report for correction.

Categories

Cash Management Internal Control / Segregation of Duties

Other Findings in this Audit

  • 520564 2024-008
    Material Weakness
  • 520565 2024-008
    Material Weakness
  • 520566 2024-008
    Material Weakness
  • 520567 2024-008
    Material Weakness
  • 1097005 2024-008
    Material Weakness
  • 1097006 2024-008
    Material Weakness
  • 1097007 2024-008
    Material Weakness
  • 1097008 2024-008
    Material Weakness
  • 1097009 2024-008
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $1.71M
84.010 Title I Grants to Local Educational Agencies $91,511
10.553 School Breakfast Program $61,897
84.173 Special Education_preschool Grants $35,563
84.367 Improving Teacher Quality State Grants $27,433
93.778 Medical Assistance Program $25,279
84.424 Student Support and Academic Enrichment Program $21,558
10.555 National School Lunch Program $14,798
84.358 Rural Education $9,515
10.582 Fresh Fruit and Vegetable Program $9,068
84.027 Special Education_grants to States $1,924
10.649 Pandemic Ebt Administrative Costs $653