KOSCIUSKO SCHOOL DISTRICT

EIN: 646008071

UEI: LNP3MTMPT7Z4

Data as of August 26, 2026

KOSCIUSKO SCHOOL DISTRICT9 audit years2 findings1 repeat
9
Audit Years
2
Total Findings
1
Repeat Findings

FY 2021-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on September 20, 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 March 20, 2023 (1255 days ago).

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2021-002
Cash Management
REPEATQUESTIONED COSTS

We noted the following items during our cash management review: 1. Supporting Effective Instruction State grants had $24,418 in excessive cash at the end of the fiscal year. $24,418 was shown as a deferred revenue and was not expended by the district by year end. Context: Federal funds were reviewed for excessive cash balances and/or fund balances at year end. Cause: Improper internal controls resulted through an error in the district not requesting reimbursements accurately. Effect: By requiring more than one staff member to review the reimbursement request reduces the risk of fraud and errors occurring and not being detected within a timely period. Improper internal controls concerning grant funding allocations could result in questioned cost by the federal agencies. Recommendation: The district should implement stronger internal controls to ensure that all reimbursements are requested accurately in each area when the expenditure is actually expended by the district. Response: Please refer to the Auditee?s Corrective Action Plan beginning on page 72.

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Full finding narrative

Significant Deficiency/Non-Compliance 2021-002 Finding Repeat finding of 2020-001 Internal controls surrounding cash management should be strengthened. Program: Supporting Effective Instruction State Grants, CFDA # 84.367 Passed-through the Mississippi Department of Education Compliance Requirement: Cash Management Questioned Cost: $24,418 Criteria: Management is responsible for complying with the requirements of the Mississippi Department of Education Federal Programs Policy and Procedures Manual, which recommends that expenditures should be expended before the reimbursements are requested. Condition: We noted the following items during our cash management review: 1. Supporting Effective Instruction State grants had $24,418 in excessive cash at the end of the fiscal year. $24,418 was shown as a deferred revenue and was not expended by the district by year end. Context: Federal funds were reviewed for excessive cash balances and/or fund balances at year end. Cause: Improper internal controls resulted through an error in the district not requesting reimbursements accurately. Effect: By requiring more than one staff member to review the reimbursement request reduces the risk of fraud and errors occurring and not being detected within a timely period. Improper internal controls concerning grant funding allocations could result in questioned cost by the federal agencies. Recommendation: The district should implement stronger internal controls to ensure that all reimbursements are requested accurately in each area when the expenditure is actually expended by the district. Response: Please refer to the Auditee?s Corrective Action Plan beginning on page 72.

Corrective Action Plan

Internal controls over cash management should be strengthened. A. Name of contact person responsible for corrective action: Name: Sandy McBride Title: Business Manager B. Corrective action planned: The district will implement better controls to ensure that all reimbursement requests reconcile to the financial statements. C. Anticipated Completion Date: 6/30/2022

Prior Finding References

2020-001

About Cash Management →

FY 2020-06-30

FAC accepted this audit on July 25, 2021 — management decision was due January 25, 2022.

2020-001
Cash Management
QUESTIONED COSTS

We noted the following items during our cash management review: 1. There was an ending fund balance of $1,500 for Special Education ? grants to states. The $1,500 was held in fund balance and was not expended by the district by year end. 2. Supporting Effective Instruction State grants had $12,837 in fund balance at the end of the fiscal year. $12,837 was held in fund balance and was not expended by the district by year end. Cause: Improper internal controls resulted in the district not requesting reimbursements accurately. Effect: By requiring more than one staff member to review the reimbursement request reduces the risk of fraud and errors occurring and not being detected within a timely period. Improper internal controls concerning grant funding allocations could result in questioned cost by the federal agencies. Recommendation: The district should implement stronger internal controls to ensure that all reimbursements are requested accurately in each area when the expenditure is actually expended by the district. View of Responsible Officials: The district will implement a better system of internal controls to prevent this issue in the future.

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Full finding narrative

Significant Deficiency in Internal Control over Compliance 2020-001 Finding Internal controls surrounding cash management should be strengthened. Program: Supporting Effective Instruction State Grants, CFDA # 84.367 Special Education ? grants to states, CFDA 84.027 Passed-through the Mississippi Department of Education Compliance Requirement: Cash Management Questioned Cost: $14,337 Criteria: Management is responsible for complying with the requirements of the Mississippi Department of Education Federal Programs and Special Education Policy and Procedures Manual, which recommends that expenditures should be expended before the reimbursements are requested. Condition: We noted the following items during our cash management review: 1. There was an ending fund balance of $1,500 for Special Education ? grants to states. The $1,500 was held in fund balance and was not expended by the district by year end. 2. Supporting Effective Instruction State grants had $12,837 in fund balance at the end of the fiscal year. $12,837 was held in fund balance and was not expended by the district by year end. Cause: Improper internal controls resulted in the district not requesting reimbursements accurately. Effect: By requiring more than one staff member to review the reimbursement request reduces the risk of fraud and errors occurring and not being detected within a timely period. Improper internal controls concerning grant funding allocations could result in questioned cost by the federal agencies. Recommendation: The district should implement stronger internal controls to ensure that all reimbursements are requested accurately in each area when the expenditure is actually expended by the district. View of Responsible Officials: The district will implement a better system of internal controls to prevent this issue in the future.

Corrective Action Plan

Kosciusko School District 229 West Washington Street Office of the Superintendent Kosciusko, Mississippi 39090 Billy Ellzey, Superintendent Sandy McBride, Business Manager AUDITEE?S CORRECTIVE ACTION PLAN As required by the Uniform Guidance, the Kosciusko School District has prepared and hereby submits the following corrective action plan for the findings included in the Schedule of Findings and Questioned Costs for the year ended June 30, 2020: Finding Corrective Action Plan Details 2020-001 Internal controls over cash management should be strengthened. A. Name of contact person responsible for corrective action: Name: Sandy McBride Title: Business Manager B. Corrective action planned: The district will implement better controls to ensure that all reimbursement request reconcile to the financial statements. C. Anticipated Completion Date: 6/30/2021

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