Finding Text
Period of Performance. The District reported expenditures to ISBE on the June 30, 2022 expenditure report when they were not incurred and paid for until July 2022. No questioned costs. Of the total $10,743 of expenditures reported on the June 30, 2022 expenditure report, $2,552 was incurred after fiscal year end. While the expenditure was an allowable cost, it was reported out of period. The District reported expenditures on an expenditure report prior to incurring and paying for those expenditures. The District inadvertently claimed expenditures incurred in July 2022 on its June 30, 2022 expenditure report to ISBE. We recommend that the expenditures incurred by the District be reported in the proper period in the reports to ISBE. The District will ensure that expenditures are reported in the proper period in the reports to ISBE.