EIN: 166002000
UEI: Q1LJKWEGEKL1
Audited by: MMB+CO.
Oversight agency: 84 [Department of Education]
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Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 6, 2026. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by July 6, 2026 (59 days ago).
What is a management decision? →(#2025-001) Equipment Tracking/Capitalization 84.425U-ARP – ESSER 3 – COVID-19 Year Ended – June 30, 2025 Federal Agency – U.S. Department of Education Criteria – The Uniform Grant Guidance requires that New York State school districts follow formal capitalization procedures. Condition – One purchase of equipment with grant funds was in excess of the capitalization threshold and was not tracked with fixed assets in accordance with the District’s capitalization policy. Cause – The District did not have a process in place to review equipment purchases in all funds to ensure that all equipment purchases exceeding the threshold were capitalized. Effect – The District will not be considered a low-risk auditee for single audit purposes. In addition, the District is not in compliance with its capitalization policy. Question Costs – There were no questioned costs noted related to this finding. Context - This finding was identified during testing of purchases made with grant funds, follow up inquiries of management, and review of the related policies noted above. Recommendation – We recommend the District ensure that assets are properly capitalized when they excess the established threshold. District’s Response Thank you for noting the omission of certain capital assets from the District’s depreciation schedule. Management acknowledges this oversight and appreciates the identification of the issue. To address this matter, the omitted capital assets have been reviewed and recorded on the depreciation schedule to ensure accurate financial reporting. In addition, management will develop and implement a formalized procedure for identifying, recording, and reviewing capital asset activity as it occurs. This procedure will be put into place immediately and will include periodic reconciliation and supervisory review to ensure that all qualifying capital assets are properly captured and depreciated in accordance with applicable accounting standards. Management believes that these corrective actions will prevent similar omissions in the future and strengthen internal controls over capital asset accounting.
Show full finding ▾Hide full finding ▴(#2025-001) Equipment Tracking/Capitalization 84.425U-ARP – ESSER 3 – COVID-19 Year Ended – June 30, 2025 Federal Agency – U.S. Department of Education Criteria – The Uniform Grant Guidance requires that New York State school districts follow formal capitalization procedures. Condition – One purchase of equipment with grant funds was in excess of the capitalization threshold and was not tracked with fixed assets in accordance with the District’s capitalization policy. Cause – The District did not have a process in place to review equipment purchases in all funds to ensure that all equipment purchases exceeding the threshold were capitalized. Effect – The District will not be considered a low-risk auditee for single audit purposes. In addition, the District is not in compliance with its capitalization policy. Question Costs – There were no questioned costs noted related to this finding. Context - This finding was identified during testing of purchases made with grant funds, follow up inquiries of management, and review of the related policies noted above. Recommendation – We recommend the District ensure that assets are properly capitalized when they excess the established threshold. District’s Response Thank you for noting the omission of certain capital assets from the District’s depreciation schedule. Management acknowledges this oversight and appreciates the identification of the issue. To address this matter, the omitted capital assets have been reviewed and recorded on the depreciation schedule to ensure accurate financial reporting. In addition, management will develop and implement a formalized procedure for identifying, recording, and reviewing capital asset activity as it occurs. This procedure will be put into place immediately and will include periodic reconciliation and supervisory review to ensure that all qualifying capital assets are properly captured and depreciated in accordance with applicable accounting standards. Management believes that these corrective actions will prevent similar omissions in the future and strengthen internal controls over capital asset accounting.
Thank you for noting the omission of certain capital assets from the District’s depreciation schedule. Management acknowledges this oversight and appreciates the identification of the issue. To address this matter, the omitted capital assets have been reviewed and recorded on the depreciation schedule to ensure accurate financial reporting. In addition, management will develop and implement a formalized procedure for identifying, recording, and reviewing capital asset activity as it occurs. This procedure will be put into place immediately and will include periodic reconciliation and supervisory review to ensure that all qualifying capital assets are properly captured and depreciated in accordance with applicable accounting standards. Management believes that these corrective actions will prevent similar omissions in the future and strengthen internal controls over capital asset accounting. Responsible Parties Marc Graff, Assistant Superintendent for Operations Nicole Guild, Assistant Business Official and District Treasurer Anticipated Completion Date This issue was reviewed with the Program Administrators on December 22, 2025 and will be an ongoing area of review.
FAC accepted this audit on January 30, 2025 — management decision was due July 30, 2025.
FAC accepted this audit on February 16, 2024 — management decision was due August 16, 2024.
FAC accepted this audit on January 16, 2023 — management decision was due July 16, 2023.
FAC accepted this audit on December 1, 2021 — management decision was due June 1, 2022.
FAC accepted this audit on January 20, 2021 — management decision was due July 20, 2021.
FAC accepted this audit on November 19, 2019 — management decision was due May 19, 2020.
FAC accepted this audit on December 13, 2018 — management decision was due June 13, 2019.
FAC accepted this audit on December 14, 2017 — management decision was due June 14, 2018.
FAC accepted this audit on February 8, 2017 — management decision was due August 8, 2017.
Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.
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