Finding Text
1. FINDING NUMBER: 2023 - 004 2. THIS FINDING IS: Repeat from Prior year
Year originally reported 2022-003
3. Federal Program Name and Year: ESSER
4. Project No.: 4998-E2, 4998-E3, 4998-HL 5. CFDA No.: 84.425D, 84.425U & 84.425W
6. Passed Through: Illinois State Board of Education
7. Federal Agency: US Department of Education
8. Criteria or specific requirement (including statutory, regulatory, or other citation): Management is responsible for documenting its asset tracking policy.
9. Condition: During the course of our audit, we determined that the District does not have a written asset tracking policy.
10. Questioned Costs: N/A
11. Context: Since this is a new grant the District was not aware of the requirement to have a written asset tracking policy.
12. Effect: District does not have an asset tracking policy per the compliance requirement.
13. Cause: District was not aware of this compliance requirement.
14. Recommendation: District should review compliance requirements to ensure all compliance requirements are met.
15. Management's response: The District will review compliance requirements to ensure all compliance requirements are met.