Finding 607088 (2022-001)

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Requirement
N
Questioned Costs
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Year
2022
Accepted
2023-03-26
Audit: 27924
Organization: Cinnaminson School District (NJ)

AI Summary

  • Answer: The School District has more cash resources than needed for three months of expenses by $235,722.
  • Trend: This indicates a positive financial position, suggesting effective cash management.
  • List: Monitor cash flow regularly, consider reinvestment options, and ensure compliance with financial guidelines.

Finding Text

The School District?s Net Cash Resources exceeded its three month average expenditures by $235,722.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $1.24M
84.027 Special Education_grants to States $649,882
84.425 Education Stabilization Fund - Arp - Esser III $634,667
84.010 Title I Grants to Local Educational Agencies $160,192
21.027 Coronavirus State and Local Fiscal Recovery Funds - Acsers $146,428
84.027 Special Education_grants to States - Arp $101,341
93.778 Medical Assistance Program $37,748
84.425 Education Stabilization Fund - Crrsa - Esser II $34,177
84.425 Education Stabilization Fund - Crrsa Learning Acceleration $29,951
84.367 Improving Teacher Quality State Grants $26,400
84.425 Education Stabilization Fund - Arp - Accelerated Learning $25,250
10.555 National School Lunch Program - Emergency Operational Cost Program $24,372
84.425 Education Stabilization Fund - Crrsa - Mental Health $13,127
84.173 Special Education_preschool Grants $11,446
84.425 Education Stabilization Fund - Arp - Mental Health $9,060
84.424 Student Support and Academic Enrichment Program $6,594
84.365 English Language Acquisition State Grants $3,569
10.649 Pandemic Ebt Administrative Costs $628
84.425 Education Stabilization Fund - Arp - Beyond the School Day $128