Finding Text
Finding 2022-002 CFDA # 84.048 and 93.434 Finding #2 Grant Funding Separation Criteria: Grant funds should be accounted for separately and expenses charged to grants need to be separate from other grants in order to properly identify to a grant. Condition: The two grants noted above were comingled with other funds into one fund on the District's records making it difficult to determine what expenses were charged to a grant. Cause: These grants are small and rather than setting up separate funds it is easier to have one fund and one expense account for each grant. Effect: There is no separation of what the expenses were for when only one line item is used. Also when combined with other grants there is the possibility of charges made to wrong line item. Based on tests performed it appears all expenses were proper for the grant to which they were charged Recommend: Separate funds and the proper line items should be established for each federal grant. District's Comments: The District will implement this recommendation next year.