Finding Text
'8. Criteria or specific requirement (including statutory, regulatory, or other citation): Reporting '9. Condition: The District did not submit timely expenditure reports. The Illinois State Board of Education requires that expenditure reports be submitted on a quarterly basis 20 days after the quarter ends. 10. Questioned Costs: No questioned costs. '11. Context: Of the 10 quarterly expenditure reports for project year 2022 that were submitted to the Illinois State Board of Education for the Education Stabilization fund, 4 were not filed by the required due date of 20 days after the quarter ends. '12. Effect: Late filing of expenditure reports. 13. Cause: Due to some uncertainty when reports were needed, the District was late in filing some of the required quarterly reports. 14. Recommendation: The District must submit timely quarterly expenditure reports to the Illinois State Board of Education. The District should consider checking the list of expenditure reports due on the FRIS website frequently. 15. Management's response: The Business Office is aware of quarterly due dates for applied for and approved grants. It will monitor the quarterly due dates of both federal and state grants that have not been approved.