Finding 982405 (2023-002)

Significant Deficiency Repeat Finding
Requirement
ABFGLMN
Questioned Costs
-
Year
2023
Accepted
2024-07-02

AI Summary

  • Core Issue: Actual expenditures for several funds exceeded the budgeted amounts, violating Illinois Compiled Statutes.
  • Impacted Requirements: The approved budget sets limits on fund expenditures, which were not adhered to for the year ending 2023.
  • Recommended Follow-Up: Implement a better monitoring system for expenditures and ensure amendments to the budget reflect actual spending.

Finding Text

This finding is recurring. CRITERIA: Per Illinois Compiled Statutes, the fund expenditures may not legally exceed the district's budgeted amounts. CONDITION: For the year ending 2023, actual expenditures for the Educational, Operations and Maintenance, Municipal Retirement/Social Security, and Tort funds exceeded the budget. CONTEXT: The approved budget established the authorized expenditures limitation in each fund. EFFECT: Actual expenditures exceeded the budget in the above named funds. CAUSE: Actual expenditures exceeded the budgeted amounts for the year RECOMMENDATION: A closer review of expenditures needs to be maintained and reflected in the amended budget. MANAGEMENT RESPONSE: The District will implement a better monitoring system between the budget and the actual expenditures to ensure that actual expenditrues do not exceed budgeted amounts. Principals are now assigned budgets. The principal approves expenditures to sent to Superintendent for secondary approval.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 405960 2023-001
    Significant Deficiency Repeat
  • 405961 2023-002
    Significant Deficiency Repeat
  • 405962 2023-001
    Significant Deficiency Repeat
  • 405963 2023-002
    Significant Deficiency Repeat
  • 982402 2023-001
    Significant Deficiency Repeat
  • 982403 2023-002
    Significant Deficiency Repeat
  • 982404 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $732,917
84.010 Title I Grants to Local Educational Agencies $198,117
10.553 School Breakfast Program $65,689
84.027 Special Education_grants to States $49,067
10.555 National School Lunch Program $42,152
93.778 Medical Assistance Program $15,101
84.424 Student Support and Academic Enrichment Program $12,554
84.367 Improving Teacher Quality State Grants $6,867
84.173 Special Education_preschool Grants $4,849