Finding 588529 (2022-001)

- Repeat Finding
Requirement
C
Questioned Costs
-
Year
2022
Accepted
2022-11-02

AI Summary

  • Core Issue: The school lunch fund has $420,899 more in cash than allowed.
  • Impacted Requirements: This exceeds the limit set by New York State regulations, which require cash resources to stay within 3 months of average expenditures.
  • Recommended Follow-up: The School District should create a plan to reduce excess cash and utilize it for necessary purchases and improvements.

Finding Text

Condition: At June 30, 2022, net cash resources in the school lunch fund exceeded the allowable limit cash by $420,899. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months average expenditures for its school lunch fund or such other amount as may be approved by the New York State agency in accordance with ?210.19(a). Cause: Revenues exceeded expenditures by $302,895 in the school lunch fund for the year ended June 30, 2022. Effect: The School District is not in compliance with 7 CFR ?210.19(a). Repeat Finding: The finding is a repeat of finding 2021-002 from the prior year. Recommendation: We recommend the School District review its net cash resources in the School Lunch Fund and develop a plan to reduce them to an allowable amount. Management Response: The School District agrees with condition, cause, and recommendation. The School District plans to utilize excess funds for equipment purchases and operational efficiencies.

Categories

Procurement, Suspension & Debarment Equipment & Real Property Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $3.02M
10.555 National School Lunch Program $1.02M
84.027 Special Education_grants to States $560,613
10.553 School Breakfast Program $404,263
84.010 Title I Grants to Local Educational Agencies $350,967
10.559 Summer Food Service Program for Children $94,590
84.367 Improving Teacher Quality State Grants $59,126
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $55,229
10.649 Pandemic Ebt Administrative Costs $46,340
84.424 Student Support and Academic Enrichment Program $30,450
84.173 Special Education_preschool Grants $15,622
10.542 Pandemic Ebt Food Benefits $3,005