Finding Text
Child Care Development Fund, California Department of Education Federal Assistance listing #93.596 Contract No. CCTR-0052. Condition: The Organization inaccurately reported waived family fee revenue of $34,139 under contract CCTR-1057 for the period of October 1, 2021 through December 31, 2021. However, the correct waived family fee revenue amount for the period was $30,365 resulting in an overstatement of $3,774. Criteria: Per the CCTR-1057 grant agreement administered by the California Department of Social Services, the Organization is required to accurately report financial activity for the quarter. Cause: Lack of training and internal review related to the financial reporting process. Effect: Failure to accurately report financial information may result in a reduction or loss of future funding. Recommendation: Management should provide additional training related to proper financial reporting. Additionally, management should perform an internal review over the programs financial reports to verify that the policies and procedures set forth in the grant agreement are followed.