Finding 616290 (2022-005)

Material Weakness Repeat Finding
Requirement
F
Questioned Costs
$1
Year
2022
Accepted
2023-09-27

AI Summary

  • Core Issue: Property bought with federal funds was not recorded properly, violating tracking requirements.
  • Impacted Requirements: Compliance with 2 CFR 200.313(d)(1) for maintaining detailed property records.
  • Recommended Follow-Up: Implement tracking procedures and hire an asset management company to ensure proper documentation and compliance.

Finding Text

2022-005 Federal Agency: U.S. Department of Education Pass Thru Entity: Oklahoma State Department of Education Program: COVID-19 Education Stabilization Fund Assistance Listing: COVID-19- 84.425D & 84.425U Grant Period: Year ending June 30, 2022 Condition: Property acquired with federal funds were not tracked in property records. Criteria: 2 CFR 200.313(d)(1) requires property records must be maintained that include a description of the property, serial number or other identification number, the source of funding for the property, who holds title, the acquisition date, the cost of the property, percentage of the federal project costs under which property was acquired, the location, use and condition of the property, and any ultimate disposition data including the date of disposal and sale price of the property. Cause: Failure to identify property and record on district inventory listing for federal programs. Context: A sample of $219,936 was selected for audit from a population of $232,477. The test found $219,936 was not in compliance. Effect: The expenditures may be disallowed. Recommendation: We recommend that property be properly tracked. We also recommend that procedures be put in place to properly identify property transaction and track property acquired with federal funds. Repeat Finding from Prior Year: Yes, Finding 2021-XIV Views of Responsible Officials and Planned Corrective Action: District will hire an asset management company, which will complete an initial database of District property and barcode items. Afterwards, District will maintain database. Encumbrance clerk has implemented new procedures to monitoring the coding of items greater than $5,000 with life longer than a year is properly coded in OCAS. Federal Programs Director will manage budgets and make sure if property/equipment will be purchased it is budgeted and proper approval to be obtained before purchase. Federal Program Director will also monitor during claim process, property items have been identified and tracked on District equipment listing.

Categories

Questioned Costs Equipment & Real Property Management Procurement, Suspension & Debarment Subrecipient Monitoring

Other Findings in this Audit

  • 39842 2022-006
    Material Weakness
  • 39843 2022-003
    Material Weakness
  • 39844 2022-004
    Material Weakness
  • 39845 2022-005
    Material Weakness Repeat
  • 39846 2022-003
    Material Weakness
  • 39847 2022-004
    Material Weakness
  • 39848 2022-005
    Material Weakness Repeat
  • 39849 2022-003
    Material Weakness
  • 39850 2022-004
    Material Weakness
  • 39851 2022-005
    Material Weakness Repeat
  • 39852 2022-007
    Material Weakness
  • 39853 2022-008
    Material Weakness
  • 39854 2022-007
    Material Weakness
  • 39855 2022-008
    Material Weakness
  • 48207 2022-007
    Material Weakness
  • 48208 2022-008
    Material Weakness
  • 616284 2022-006
    Material Weakness
  • 616285 2022-003
    Material Weakness
  • 616286 2022-004
    Material Weakness
  • 616287 2022-005
    Material Weakness Repeat
  • 616288 2022-003
    Material Weakness
  • 616289 2022-004
    Material Weakness
  • 616291 2022-003
    Material Weakness
  • 616292 2022-004
    Material Weakness
  • 616293 2022-005
    Material Weakness Repeat
  • 616294 2022-007
    Material Weakness
  • 616295 2022-008
    Material Weakness
  • 616296 2022-007
    Material Weakness
  • 616297 2022-008
    Material Weakness
  • 624649 2022-007
    Material Weakness
  • 624650 2022-008
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $2.07M
84.425 Education Stabilization Fund $775,412
84.377 School Improvement Grants $647,961
10.553 School Breakfast Program $390,313
10.555 National School Lunch Program $126,121
10.558 Child and Adult Care Food Program $105,459
84.048 Career and Technical Education -- Basic Grants to States $44,953
84.060 Indian Education_grants to Local Educational Agencies $42,617
15.130 Indian Education_assistance to Schools $27,523
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $22,842
84.173 Special Education_preschool Grants $16,046
84.027 Special Education_grants to States $10,346
84.184 Safe and Drug-Free Schools and Communities_national Programs $2,622