Finding Text
Finding Number: 2023-001
Repeat Finding: Yes
Program Name/Assistance Listing Title: Education Stabilization Fund
Assistance Listing Number: 84.425D and 84.425U
Federal Agency: U.S. Department of Education
Federal Award Number: 23SSPCON-311221-01A, 21FESSII-111221-01A, 21FESIII-111221-01A
Questioned Costs: None
Type of Finding: Noncompliance, Significant Deficiency
Compliance Requirement: Equipment/Real Property Management
Condition/Context: The District did not tag and track the capital assets purchased with Education Stabilization
Fund monies.
Criteria: 2 CFR Section 200.313 (equipment) and section 200.439 (equipment and other capital expenditures)
Effect: Noncompliance with grant requirements.
Cause: Management oversight.
Recommendation: The District should ensure that it tags, tracks, and inventories its capital assets purchased with
federal monies.
Response: The District concurs with this recommendation and will implement procedures to ensure compliance
with grant requirements.
Contact person: Clay Bowman, Director of Finance