Finding Text
2022-001 ? Statement of Condition ? ESSER and ARP 84.425C, 84.425U, 84.425D, 84.425U for period ending June 30, 2022. During our review of the ESSER and ARP grant programs, we noted the school had not prepared an equipment inventory. Criteria ? Per 2 CFR sections 200.313 (c ) through (e) of the Compliance Supplement states: Property records must be maintained that include a description of the property, serial number or other identification numbers, the source of funding for the property (including the federal award identification number), who holds title, the acquisition date, cost of property, percentage of federal participation in the project costs for the federal award under which the property was acquired, the location, use and condition of the property, and any ultimate disposition data including the date of disposal and sales price of the property (2 CFR section 200.313 (d) (1). Cause/Effect of Condition ? The school was unaware that an inventory should be kept. If property purchased with federal funds is not inventoried, the school has no record of these items. Recommendation ? The school should prepare an inventory list of all equipment/property purchased with ESSER or ARP funding. The school?s list should follow 2 CFR section 200.313, (d) (1) guidelines.