Greater Johnstown Area Vocational Technical School

FINDING 2022-001: Policies and Procedures Regarding Cash Management ? Material Weakness and Noncompliance US Department of Education AL #84.425E/F ? Higher Education Emergency Relief Fund Criteria: For CRRSAA HEERF II and ARP HEERF III, the Certification and Agreement and/or Supplemental Agreement indicate that Student Aid should be disbursed within fifteen (15) calendar days of the drawdown from ED?s grant management system (G5), while Institutional Aid Portion should be disbursed within three (3) calendar days of the drawdown from G5. Condition: During our testing, we noted that both Student Aid and Institutional Aid Portions were disbursed significantly later than fifteen (15) and three days (3), respectively, within drawdown from G5. Cause: The funds were not disbursed within the required timeframe after drawdown. Effect: Greater Johnstown Area Vocational Technical School did not comply with cash management requirements. Questioned Cost: None noted. Recommendation: We recommend Greater Johnstown Area Vocational Technical School follow the same policies and procedures that are in place with respect to the drawdown procedures used for Federal Student Aid funds, which have similar cash management requirements, to ensure all funds are disbursed within the required timeframe after drawdown.

FINDING 2022-002: Audit Package Late Filing Federal Programs Affected: All major federal programs as listed in Schedule of Findings and Questioned Costs. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards requires an entity, if it expends more than $750,000 of federal funds, to submit the audit reporting package and data collection form to the Federal Audit Clearinghouse within nine (9) months after year-end. Condition: During our testing, we noted that the audit report package and data collection form for the year ended June 30, 2021, was submitted to the Federal Audit Clearinghouse on October 21, 2022, a time period in excess of the nine (9) month requirement as outlined above. Cause: The annual report filing to the federal clearinghouse, including the data collection form, was filed late. Effect: Greater Johnstown Area Vocational Technical School was not in compliance with audit report package and data collection form submission requirements, which could lead to a reduction in future funding from granting agencies. Questioned Cost: None noted. Recommendation: We recommend Greater Johnstown Area Vocational Technical School ensure accuracy of year-end financial information to ensure timely submission of reports.