Finding 602690 (2022-003)

Reporting. The District did not submit timely expenditure reports. The Illinois State Board of Education requires that expenditure reports be submitted on a quarterly basis 20 days after the quarter ends. No questioned costs. Of the 17 quarterly expenditure reports for project year 2022 that were submitted to the Illinois State Board of Education for the Education Stabilization fund, 4 were not filed by the required due date of 20 days after the quarter ends. Late filing of expenditure reports. A few of the grants were extended without the knowledge of management and grant coordinators. Once there was knowledge of the extension, the expediture reports were completed. The District must submit timely quarterly expenditure reports to the Illinois State Board of Education. The District will submit timely periodic expenditure reports.