SDE USE ONLY MONITORING DISTRICT NARRATIVE STATEMENT INDICATORS Comments Determination Describe LEA’s LEAs are responsible for both resolving the audit findings and for conducting audit follow-up activities and corrective actions Audit Requirements: processes or procedures for their own audits. LEAs who meet the audit threshold are also required to ensure the audits are reported to OSDE according to established used to ensure that the timelines. Uniform Guidance 2 C.F.R. 200.303(d)(2); 2 C.F.R. 200.500-512; 2 C.F.R. 200.521(c) LEA only charges grant SDE USE ONLY MONITORING DISTRICT NARRATIVE STATEMENT awards for expenditures INDICATORS Comments Determination that were incurred during Describe LEA’s the period of availability. processes to perform a Single Audit or Program Specific Audit, if the LEA expends $750,000 Describe LEA’s in Federal funds. procedures to obligate the carryover funds. Section A: Financial Administration
MONITORING INDICATORS DISTRICT NARRATIVE STATEMENT SDE USE ONLY Comments Determination Describe LEA’s processes or procedures used to ensure that the LEA only charges grant awards for expenditures that were incurred during the period of availability. Describe LEA’s procedures to obligate the carryover funds. Section A: Financial Administration Audit Requirements: LEAs are responsible for both resolving the audit findings and for conducting audit follow-up activities and corrective actions for their own audits. LEAs who meet the audit threshold are also required to ensure the audits are reported to OSDE according to established timelines. Uniform Guidance 2 C.F.R. 200.303(d)(2); 2 C.F.R. 200.500-512; 2 C.F.R. 200.521(c) MONITORING INDICATORS DISTRICT NARRATIVE STATEMENT SDE USE ONLY Comments Determination Describe LEA’s processes to perform a Single Audit or Program Specific Audit, if the LEA expends $750,000 in Federal funds.