Finding Text
2022-005: Property and Equipment Federal Agency: U.S. Department of Education Federal Program Title: Elementary and Secondary School Emergency Relief (ESSER) Fund Assistance Listing Number: 84.425 Pass-Through Agency: Illinois State Board of Education (ISBE) Pass-Through Number(s): 21-4998-DG, 21-4498-E2, 21-4998-PL, 22-4998-ER, 22-4998-E3, 22-4998-HL, 22-4998-JK, and 22-4998-D2 Award Period: July 1, 2021 ? June 30, 2022 Type of Finding: Significant Deficiency in Internal Control over Compliance Other Matter Criteria or Specific Requirement: Equipment and property exceeding $500 purchased with federal grant funding are required to be tracked in an inventory listing. Condition: During our testing of equipment and property, we noted 4 items which were not tracked in an inventory listing. This finding related to Fine Arts Department purchases. Questioned Costs: $14,294 Context: This finding was noted in 4 of 21 items tested. Cause: This finding was an oversight by management. Effect: Noncompliance with grant requirements could lead to loss of federal grant funding. Repeat Finding: This finding is a repeat finding from the immediately prior year. The prior year finding number was 2021-002. Recommendation: We recommend the District implement internal controls necessary to ensure all equipment and property purchases exceeding $500 purchased with federal grant funding are appropriately tracked. Views of Responsible Officials and Planned Corrective Actions: The District?s Fine Arts and Finance Departments will collaborate to ensure all program equipment and property purchases exceeding $500 involving federal monies are appropriately tracked.