OAR 581-023-0038: Audit Requirements for School Food and Nutrition Services

(1) Following the end of each fiscal year, each school district participating in the federally funded School Food and Nutrition Services shall complete forms provided by the Oregon Department of Education for the purpose of summarizing district revenues and expenditures of their nonprofit school food service. (2) The data included in the form shall be audited and incorporated as part of the district’s financial report which is submitted to the Department of Education. (3) If a district’s food and nutrition services account demonstrates the net cash resources exceeds three months average expenditures, the Department will request a corrective action plan to reduce the excess cash resources.