Finding 586104 (2023-002)

2023-02:Quarterly Reporting Criteria: According to the State and Federal Grant Administration Policy and Fiscal Requirements and Procedures Handbook published by ISBE, expenditures for Federal Programs are required to be reported to ISBE on a quarterly basis, one month following quarter end. Condition: During the course of the audit, it was noted the District did not file expenditure reports within the stated time period for its ARP - LEA American Rescue Plan program. Context: One quarter reported for the aforementioned program was reported past the one month following quarter end time period. For the quarter ended June 30, 2023, the District has not filed the report as of December 1, 2023. Cause: The District did not have procedures requiring a formal documented review of the District's compliance with the reporting requirements. Effect: The District was not in compliance with the grant regulations over reporting. Recommendation: We recommend the District take steps to ensure expenditure reports are filed with the ISBE on a timely basis. Management’s Response: The District will implement an internal procedure to ensure proper filing within one month of quarter end to be in reporting compliance.