Finding 605264 (2022-001)

-
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-20

AI Summary

  • Answer: The food service enterprise fund has more cash than needed for three months of expenses.
  • Trend: This indicates a potential overfunding situation that may require reassessment of cash management strategies.
  • List: Consider reviewing budget allocations and expenditure forecasts to optimize cash usage.

Finding Text

Our audit indicated that the net cash resources of the food service enterprise fund exceeded three month?s average expenditures.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program-Cash Assistance $1.29M
84.027 Special Education_grants to States $790,322
84.425 Education Stabilization Fund-Crrsa-Esser II $436,100
84.027 Special Education_grants to States-Arp-Idea Basic $143,144
84.010 Title I Grants to Local Educational Agencies $139,243
84.367 Improving Teacher Quality State Grants $73,605
84.425 Education Stabilization Fund-Crrsa-Mental Health $45,000
10.555 National School Lunch Program-Non Cash Assistance $44,206
84.173 Special Education_preschool Grants $31,950
84.425 Education Stabilization Fund-Crrsa-Learning Acceleration $30,042
10.553 School Breakfast Program $16,960
84.365 English Language Acquisition State Grants $11,807
84.425 Education Stabilization Fund-Arp-Beyond School $8,080
84.425 Education Stabilization Fund-Cares Emergency Relief Grant-Esser I $7,007
84.425 Education Stabilization Fund-Arp-Mental Health Support $6,200
84.173 Special Education_preschool Grants-Arp-Idea Preschool $3,889
93.778 Medical Assistance Program $3,804