POTTERVILLE PUBLIC SCHOOLS

EIN: 386001093

UEI: ELJ1R3QN25R9

Data as of August 26, 2026

POTTERVILLE PUBLIC SCHOOLS6 audit years3 findings2 repeat
6
Audit Years
3
Total Findings
2
Repeat Findings

FY 2022-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on October 26, 2022. 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 April 26, 2023 (1218 days ago).

What is a management decision? →
2022-001
Special Tests & Provisions
REPEAT

The District currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess fund cannot be transferred to the general fund. Question Costs: None Cause: The District participated in the unanticipated closure meal reimbursements from July through June causing a larger than normal increase in the food service fund balance. Effect: At June 30, 2022, the District?s food service fund balance was greater than three months of expenditures. Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2022-2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future. The District has an active corrective action plan that has been approved by MDE and has spent down substantial

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POTTERVILLE PUBLIC SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2022 Section III - Federal Award Findings and Questioned Costs Finding 2022-001 ? Considered a Significant Deficiency Federal Program: Child Nutrition Cluster ? ALN 10.555, 10.553 and 10.559 ALN: 10.555, 10.559, and 10.553 Federal Agency: U.S. Department of Agriculture Pass-through Entity: Michigan Department of Education Pass-through Number: 211961, 221961, 220910, 211971, 221971, 220904, 210904 Criteria: The District?s fund balance in the food service fund is required to be less than three months of food service expenditures. Condition: The District currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess fund cannot be transferred to the general fund. Question Costs: None Cause: The District participated in the unanticipated closure meal reimbursements from July through June causing a larger than normal increase in the food service fund balance. Effect: At June 30, 2022, the District?s food service fund balance was greater than three months of expenditures. Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2022-2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future. The District has an active corrective action plan that has been approved by MDE and has spent down substantial

Corrective Action Plan

POTTERVILLE PUBLIC SCHOOLS CORRECTION ACTION PLAN YEAR ENDED JUNE 30, 2022 Potterville Public Schools respectfully submits the following corrective action plan for the year ended June 30, 2022. Auditor: Maner Costerisan 2425 E. Grand River Avenue, Suite 1 Lansing, MI 48912 Audit Period: Year ended June 30, 2022 District Contact Person: Kim Lindsay, Contracted Director of Finance The findings from the June 30, 2022 schedule of findings and responses are discussed below. The findings are numbered consistently with the number assigned in the schedule. Finding - Federal Award Findings and Question Costs Finding 2022-001 - Significant Deficiency Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2022-2023 school year that will adequately reduce the food service fund balance. Action to Be Taken: Management agrees with the finding and we are in the process of developing and implementing a plan to spend down the food service fund balance. Anticipated Completion Date: This has been completed as of October 10, 2022. The District has an active corrective action plan that has been approved by MDE and has spent down a substantial amount of fund

Prior Finding References

2021-001

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FY 2021-06-30

FAC accepted this audit on October 27, 2021 — management decision was due April 27, 2022.

2021-001
Special Tests & Provisions
REPEAT

The District currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during 2021-2022 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess fund cannot be transferred to the general fund. Question Costs: None Cause: The District participated in the unanticipated closure meal reimbursements from July through June causing a larger than normal increase in the food service fund balance. Effect: At June 30, 2021, the District?s food service fund balance was greater than three months of expenditures. Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2021-2022 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.

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SECTION III ? FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Finding 2021-001 ? Considered a Significant Deficiency Federal Program: Child Nutrition Cluster ? CFDA #10.555 and #10.559 CFDA: CFDA #10.555, #10.559, and #10.579 Federal Agency: U.S. Department of Agriculture Pass-through Entity: Michigan Department of Education Pass-through Number: 200902, 200900, 210904, 191991-EAG2021 Criteria: The District?s fund balance in the food service fund is required to be less than three months of food service expenditures. Condition: The District currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during 2021-2022 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess fund cannot be transferred to the general fund. Question Costs: None Cause: The District participated in the unanticipated closure meal reimbursements from July through June causing a larger than normal increase in the food service fund balance. Effect: At June 30, 2021, the District?s food service fund balance was greater than three months of expenditures. Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2021-2022 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.

Corrective Action Plan

POTTERVILLE PUBLIC SCHOOLS CORRECTION ACTION PLAN YEAR ENDED JUNE 30, 2021 Potterville Public Schools respectfully submits the following corrective action plan for the year ended June 30, 2021. Auditor: Maner Costerisan 2425 E. Grand River Avenue, Suite 1 Lansing, MI 48912 Audit Period: Year ended June 30, 2021 District Contact Person: Kim Lindsay, Contracted Director of Finance The findings from the June 30, 2021 schedule of findings and responses are discussed below. The findings are numbered consistently with the number assigned in the schedule. Finding - Federal Award Findings and Question Costs Finding 2021-001 - Significant Deficiency Recommendation: The District should implement a budget, as well as the required corrective action plan, for the 2021-2022 school year that will adequately reduce the food service fund balance. Action to Be Taken: Management agrees with the finding and we are in the process of developing and implementing a plan to spend down the food service fund balance. Anticipated completion date: June 30, 2022

Prior Finding References

2020-003

About Special Tests and Provisions →

FY 2020-06-30

FAC accepted this audit on December 2, 2020 — management decision was due June 2, 2021.

2020-003
Special Tests & Provisions

The District?s food service fund balance was $178,910 at June 30, 2020 which exceeded three months of operating costs by $50,062. Context: The District was aware that they needed to maintain a fund balance in the food service fund of not more than three months of operating cost; however, as a result of the Unanticipated School Closure program in the last quarter of the fiscal year, the District did not have time to spend down the fund balance prior to June 30, 2020. Questioned costs: $0 Cause: As a result of the Unanticipated School Closure program, the District received a significant increase in federal reimbursements for the meals distributed during the year ended June 30, 2020. Recommendation: The District should develop a plan to spend down the fund balance of the food service fund during the year ended June 30, 2021 in order to maintain fund balance of not more than three months of operating cost in the food service fund. View of Responsible Officials: The District concurs with the facts of this finding and is implementing a plan to spend down the food service fund balance during the upcoming year.

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SECTION III ? FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Finding 2020-003 Significant deficiency Federal Program: Child Nutrition Cluster ? CFDA #10.553, #10.555, and #10.559 Criteria: The United States Department of Agriculture requires that entities receiving federal funding through the Child Nutrition Cluster maintain a fund balance that does not exceed three months of operating cost. Condition: The District?s food service fund balance was $178,910 at June 30, 2020 which exceeded three months of operating costs by $50,062. Context: The District was aware that they needed to maintain a fund balance in the food service fund of not more than three months of operating cost; however, as a result of the Unanticipated School Closure program in the last quarter of the fiscal year, the District did not have time to spend down the fund balance prior to June 30, 2020. Questioned costs: $0 Cause: As a result of the Unanticipated School Closure program, the District received a significant increase in federal reimbursements for the meals distributed during the year ended June 30, 2020. Recommendation: The District should develop a plan to spend down the fund balance of the food service fund during the year ended June 30, 2021 in order to maintain fund balance of not more than three months of operating cost in the food service fund. View of Responsible Officials: The District concurs with the facts of this finding and is implementing a plan to spend down the food service fund balance during the upcoming year.

Corrective Action Plan

POTTERVILLE PUBLIC SCHOOLS CORRECTION ACTION PLAN YEAR ENDED JUNE 30, 2020 Potterville Public Schools respectfully submits the following corrective action plan for the year ended June 30, 2020. Auditor: Maner Costerisan 2425 E. Grand River Avenue, Suite 1 Lansing, MI 48912 Audit period: Year ended June 30, 2020. District individual responsible to implement this plan: Latisha Wolf, Director of Finance The findings from the June 30, 2020 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the number assigned in the schedule. Financial statement finding Finding 2020-001 Recommendation: The District should implement a month end procedure checklist to ensure that all balance sheet accounts are reconciled within 30 days of month end, bank reconciliations agree to the general ledger, the due to/from accounts agree across the different funds, accruals agree to the subledger balances, etc. The District should implement journal entry review procedures based upon the employee making the journal entry. Action to be taken: The District will implement month end procedures to ensure that all balance sheet accounts are reconciled and reviewed within 30 days of month end. Financial statement finding Finding 2020-002 Recommendation: The District should implement budgeting procedures to budget more conservatively for expenditures. The District should also implement procedures to schedule emergency board meetings for budget amendments. Action to be taken: The District will implement conservative budgeting procedures going forward in order to account for unanticipated expenditures at year-end. Compliance finding Finding 2020-003 Recommendation: The District should develop a plan to spend down the fund balance of the food service fund during the year ended June 30, 2021 in order to maintain fund balance of not more than three months of operating cost in the food service fund. Action to be taken: The District has taken steps to begin spending down the food service fund balance.

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