Finding Text
ARP - LEA and COOP American Rescue Plan (ESSER III) 84.425, Illinois State Board of Education. Criteria: Grant expenditure reports submitted to the Illinois State Board of Education should accurately report all expenditures incurred. Condition: The District over reported expenditures for the fiscal year 2022 expenditure reports. In addition, expenditures on the reports should be reported by the same function and object codes as reported in the general ledger. Questioned Costs: None. Context: Total expenditures claimed for the grant were $2,048,902, while actual expenditures incurred were $1,645,435. Effect: Expenditures were not reported in the correct accounting period for these grants. Cause: There was a lack of oversight of the preparation of the quarterly expenditure reports. The reports used to prepare the grant reports were generated with incorrect dates resulting in the timing of the reported amounts. Recommendation: We recommend that a supervisor review the quarterly expenditure reports and supporting documentation to ensure all costs are reported timely and accurately. Management's Response: We will ensure that more time is dedicated to this procedure and more accuracy is implemented with an additional administrative review.