FAC Explorer

Finding 544072 (2024-007)

Significant Deficiency Repeat Finding
Requirement
F
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 350871
Organization: Mandaree Public School District No 36 (ND)
Auditor: Brady Martz & Associates PC

AI Summary

  • Core Issue: The District lacks procedures for conducting a physical inventory of federally funded equipment, violating CFR Section 200.313.
  • Impacted Requirements: Failure to perform inventory increases the risk of losing funds from equipment disposal.
  • Recommended Follow-Up: Implement policies for a physical inventory every two years to ensure compliance and safeguard federal funds.

Finding Text

Equipment (15.042) Criteria: CFR Section 200.313 under the Uniform Guidance requires a physical inventory of property acquired with federal dollars to be conducted at least once every two years. Condition: The District does not have physical inventory procedures in place for equipment purchased with federal dollars. Cause: Management oversight Effects: There is an increased risk that funds received for disposal of equipment purchased with federal dollars would not be retained by the program. Questioned Costs: None Context: The District was unable to provide support for a physical inventory of equipment purchased with federal dollars conducted in the last two years. Repeat Finding: Yes Recommendation: We recommend the District implement policies and procedures for conducting a physical inventory of equipment purchased with federal dollars at least once every two years. Management’s Response: The District will perform a physical inventory of all equipment purchased with federal dollars.

Corrective Action Plan

Contact Person: Business Manager Planned Corrective Action: The Business Manager currently maintains a file which includes documentation in support of all amounts submitted on federal quarterly SF-425 reports. Planned Completion Date: Throughout the fiscal year ending June 30, 2025 and ongoing 2024 – 007 Contact Person: Business Manager Planned Corrective Action: The District will perform a physical inventory of all equipment purchased with federal dollars. Planned Completion Date: June 30, 2025

Categories

Equipment & Real Property Management

Other Findings in this Audit

  • 544065 2024-004
    Significant Deficiency Repeat
  • 544066 2024-004
    Significant Deficiency Repeat
  • 544067 2024-004
    Significant Deficiency Repeat
  • 544068 2024-005
    Significant Deficiency Repeat
  • 544069 2024-005
    Significant Deficiency Repeat
  • 544070 2024-006
    Significant Deficiency Repeat
  • 544071 2024-006
    Significant Deficiency Repeat
  • 544073 2024-007
    Significant Deficiency Repeat
  • 1120507 2024-004
    Significant Deficiency Repeat
  • 1120508 2024-004
    Significant Deficiency Repeat
  • 1120509 2024-004
    Significant Deficiency Repeat
  • 1120510 2024-005
    Significant Deficiency Repeat
  • 1120511 2024-005
    Significant Deficiency Repeat
  • 1120512 2024-006
    Significant Deficiency Repeat
  • 1120513 2024-006
    Significant Deficiency Repeat
  • 1120514 2024-007
    Significant Deficiency Repeat
  • 1120515 2024-007
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $1.49M
15.046 Administrative Cost Grants for Indian Schools $572,054
15.047 Indian Education Facilities, Operations, and Maintenance $484,750
84.027 Special Education Grants to States $220,638
15.044 Indian Schools Student Transportation $219,194
84.060 Indian Education Grants to Local Educational Agencies $77,594
84.010 Title I Grants to Local Educational Agencies $77,364
84.336 Teacher Quality Partnership Grants $59,836
10.553 School Breakfast Program $31,208
84.424 Student Support and Academic Enrichment Program $29,363
15.042 Indian School Equalization $26,737
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $20,535
10.559 Summer Food Service Program for Children $12,831
15.149 Focus on Student Achievement $8,993
15.151 Education Enhancements $8,471
10.555 National School Lunch Program $8,380
10.579 Child Nutrition Discretionary Grants Limited Availability $2,773
10.560 State Administrative Expenses for Child Nutrition $1,649
84.358 Rural Education $609