Finding Text
Criteria: Reporting. To determine that an accurate June 30, 2023 expenditure report was filed with the Illinois State Board of Education. The District reported expenses on the June 30, 2023 expenditure report that were paid after year end. Condition: It was noted that the District claimed a total of $18,658 at 6/30/23, however, $1,860 of these expenses were paid after year end and should be considered outstanding obligations at 6/30/23. Questioned costs: None Context: The District claimed expenses on the 6/30/23 expenditure report that were not paid until August 2023. The expenses were allowable under the grant, but the District claimed the expense too early. Effect: The District claimed expenses early and were reimbursed for expenses of $1,860 in July 2023 that were not paid until August 2023. Cause: The District mistakenly picked up the wrong total on the general ledger used to claim expenses. Recommendation: We recommend reconiling the general ledger AP totals to the expenditure reports before submitting. Managements response: The District will add a vertification process to reconcile the general ledger AP totals to the expenditure reports before submitting.