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Schedule of Findings and Questioned Costs For the Fiscal Year Ended June 30,2004 ' <br /> Effect. Management is not in compliance with OMB Circular A-133 requirements. The awarding agencies , <br /> could limit or refuse grant awards due to untimely filings. <br /> Questioned Costs: There are no questioned costs related to this finding. <br /> Auditor's Recommendation: Procedures must be implemented to file Form RF-1 in a manner that would <br /> minimize the time elapsing between the receipt and the disbursement of grant funds. <br /> Grantee Response: , <br /> The Town of Mashpee School Department will ensure that a corrective action plan is in place by June 30, <br /> 2005 for this finding. The actual recommended procedure to file Form RF-1 in a timely manner will be in <br /> place by March 30,2006. <br /> 04-5 Title I Distribution-CFDA No.84.010;Fiscal year ended June 30,2004 <br /> Condition and Criteria: The Town did not minimize the time elapsing between the transfer of funds from <br /> the Massachusetts Department of Education and their disbursement.This condition is a violation of the ' <br /> cash management requirements prescribed in OMB Common Rule A-102. <br /> Cause: Policies and procedures are not in place to file Requests for Funds(Form RF-1)in a manner that <br /> would minimize the time elapsing between the receipt and the disbursement of grant funds. <br /> Effect: Management is not in compliance with OMB Circular A-133 requirements. The awarding agencies <br /> could limit or refuse grant awards due to untimely filings. ' <br /> Questioned Costs: There are no questioned costs related to this finding. <br /> Auditor's Recommendation: Procedures must be implemented to file Form RF-1 in a manner that would <br /> minimize the time elapsing between the receipt and the disbursement of grant funds. <br /> Grantee Response: <br /> The Town of Mashpee School Department will ensure that a corrective action plan is in place by June 30, ' <br /> 2005 for this finding. The actual recommended procedure to file Form RF-1 in a timely manner will be in <br /> place by March 30,2006. <br /> Town of Mashpee,Massachusetts 11 Reports on Federal Award Programs , <br />