Finding Text
Condition: At June 30, 2022, net cash resources in the School Lunch Fund exceeded the allowable limit of cash by $528,519. Criteria: The school food authority shall limit its net cash resources to an amount that does not exceed 3 months average expenditures for its school lunch fund or such other amount as may be approved by the New York State agency in accordance with 210.19(a) Cause: Revenue exceeded expenditures by $409,114 in the School Lunch Fund for the year ended June 30, 2022. Effect: The School District is not in compliance with 7 CFR 210.19(a). Recommendation: We recommend the School District review its net cash resources in the School Lunch Fund and develop a plan to reduce them to an allowable amount. Response: The School Lunch fund has excess fund balance on hand due to the additional reimbursements provided during the COVID-19 pandemic. The District is currently reviewing the programs aging equipment and will create a plan to use these funds to support the program's infrastructure in addition to it facilitating the minimal increases in school lunch prices.