FAC Explorer

Finding 599123 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2022-10-30
Audit: 22849
Organization: Marseilles Elementary School District No. 150 (IL)
Auditor: Newkirk & Associates INC

AI Summary

  • Answer: The District lacks adequate controls for financial reporting.
  • Trend: There is a reliance on auditors for expertise in preparing external financial reports.
  • List: Recommend training for District personnel to build internal reporting capabilities.

Finding Text

The District must have functioning controls over financial reporting. The District does not have all of the controls described above, and relies upon the auditor for this expertise. It was determined that District personnel do not have the expertise necessary to prepare external financial reports without assistance from the auditor.

Categories

Reporting

Other Findings in this Audit

  • 22681 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $907,151
84.010 Title I Grants to Local Educational Agencies- Low Income $242,016
10.555 National School Lunch Program $220,930
84.027 Special Education_grants to States $152,080
10.553 School Breakfast Program $77,741
93.778 Medical Assistance Program $42,741
10.579 Child Nutrition Discretionary Grants Limited Availability $38,362
84.367 Improving Teacher Quality State Grants $38,349
84.010 Title I Grants to Local Educational Agencies- School Improvement $30,000
84.027 Arpa Idea $25,959
84.424 Student Support and Academic Enrichment Program $16,790
84.173 Special Education_preschool Grants $14,345
84.358 Rural Education $11,096
10.555 Commodities $9,950
10.555 Dept. of Defense- Fresh Fruits and Vegetables $7,979
84.173 Arpa Idea Preschool $2,562
10.649 Pandemic Ebt Administrative Costs $614