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Tag Archives: Arizona
Managing Student Level Funding Data
Public school districts in Arizona are primarily funded based on student enrollment. There are key concepts that drive the foundation of certain funding formulas. Once the concepts are understood, then it is important to know how to monitor school district … read more
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Tagged ADM, Arizona, budget, compliance, data, reporting, school districts, student attendance, USFR
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Indirect Costs – Fast Facts for Arizona School Districts
Indirect Cost Definition Indirect costs are expenditures that are necessary for an organization’s operations but are not easily associated with a specific grant project or program. Indirect Cost examples include: Utilities Liability Insurance Employee salaries and benefits Administrative supplies How … read more
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Tagged accounting, Alex Cooksey, Arizona, financial statements, indirect costs, school district
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Why Are There So Many School Districts in Arizona?
Picture it; the year is 1885. The Union only had 38 states, and Arizona as a state was just a twinkle in Grover Cleveland’s eye. The Arizona Territorial Legislature let Prescott stay the territorial capital, awarded Phoenix the asylum, awarded … read more
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Tagged Arizona, history, Jared Young, school district
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The Evolution of Volunteerism
Volunteerism is the act of completing volunteer work in community service and has been a pivotal aspect of our ever-growing and evolving society. Traditionally, volunteering has taken many forms, such as a student volunteering their time to fulfill class requirements … read more
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Tagged Alex Manriquez, Arizona, community service, nonprofits, npos, recruiting, volunteer
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Single Audit Threshold Changes
In April 2024, the Office of Management and Budget (OMB) raised the Single Audit threshold from $750,000 to $1,000,000, a change that significantly impacts non-federal entities such as state and local governments and non-profit organizations. This increase, effective for fiscal … read more
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Tagged Arizona, expenditures, Federal program, government, grants, James Shankland, nonprofit, NPO, OMB, Single Audit, single audit threshold changes
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What to Do if Fraud is Alleged or Discovered at Your District
School districts put internal controls in place to help prevent and deter theft, fraud, and misuse of District monies and assets. However, sometimes allegations and instances of theft, fraud, and misuse occur. If that happens, District management should have a … read more
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Tagged Arizona, Eric Taylor, fraud, internal controls, misconduct, school district, theft, USFR
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Three Procurement Tips from an Auditor
Non-federal entities other than States, including those operating Federal programs as subrecipients of States, must follow the procurement standards set out in 2 CFR sections 200.318 through 200.326. In addition, all Arizona school districts are required to follow the legislative … read more
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Tagged Arizona, audit, internal controls, Kalkin Stransky, procurement, purchasing, school district, USFR
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