Finding 600984 (2022-005)

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Requirement
N
Questioned Costs
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Year
2022
Accepted
2023-03-28
Audit: 21250
Organization: Hillside Board of Education (NJ)

AI Summary

  • Answer: The organization has sufficient cash resources, exceeding three months of average spending.
  • Trend: This indicates a positive financial position and good cash flow management.
  • List: Monitor cash flow regularly, maintain reserves, and ensure expenditures align with budget forecasts.

Finding Text

Net cash resources exceeded three months average expenditures.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $867,233
84.010 Title I Grants to Local Educational Agencies $548,095
10.553 School Breakfast Program $443,834
84.367 Improving Teacher Quality State Grants $217,488
84.027 Special Education_preschool Grants $170,564
10.555 National School Lunch Program $129,406
84.365 English Language Acquisition State Grants $47,581
93.778 Medical Assistance Program $19,967
84.425 Education Stabilization Fund $16,461
84.173 Special Education_preschool Grants $14,473
84.424 Student Support and Academic Enrichment Program $6,375
10.542 Pandemic Ebt Food Benefits $3,135
21.019 Coronavirus Relief Fund $862