FAC Explorer

Finding 957310 (2022-002)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2024-03-18
Audit: 295550
Organization: Silver Lake Regional School District (MA)
Auditor: Lynch Marini & Associates INC

AI Summary

  • Issue: The District missed the March 31, 2023 deadline for filing the Single Audit as required by OMB guidelines.
  • Impact: This late filing may lead to compliance issues with OMB and could affect future funding or audits.
  • Next Steps: The District should prioritize completing the audit process on time to avoid future delays.

Finding Text

Other Matters:2022-002 Completion and filing of the Single Audit in accordance with OMB guidelines. Criteria: OMB guidelines generally requires the District’s Single Audit to be completed and filed by March 31 of the following year (March 31, 2023). Condition:The District was unable to meet the filing deadline in the current year. Cause: The District was not closed out and timely with the audit. Effect: The District’s filing is considered late by OMB. Auditor’s Recommendation: We recommend the District work to meet the required filing deadline.

Categories

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Other Findings in this Audit

  • 380867 2022-001
    Material Weakness
  • 380868 2022-002
    Material Weakness
  • 380869 2022-003
    Significant Deficiency Repeat
  • 957309 2022-001
    Material Weakness
  • 957311 2022-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $689,563
84.425 Education Stabilization Fund $200,000
84.010 Title I Grants to Local Educational Agencies $100,249
84.027 Special Education_grants to States $24,902
84.048 Career and Technical Education -- Basic Grants to States $6,771
84.424 Student Support and Academic Enrichment Program $1,963
84.173 Special Education_preschool Grants $1,800
10.U12 School Ebt Administration Reimbursement $614
84.367 Improving Teacher Quality State Grants $250