Finding Text
a. Condition: The child nutrition program had an excess cash balance as of June 30, 2022, of $137,778 b. Criteria: Cash balances can only be maintained up to 3 months average food service spending for the current year. c. Cause: Cash balances were greater than the 3 month average spending balance of $165,870 b $137,778. d. Effect: Violation of cash balances over allowable balance at year end. e. Recommendation: The District should evaluate all aspects and needs of the food service program including personnel, equipment such as stoves, freezers, etc. and determine the best and legally proper use of the excess funds. f. District Response: The District will evaluate all aspects and needs of the food service program including personnel, equipment such as stoves, freezers, etc. and detennine the best and legally proper use of the excess funds.