FAC Explorer

Audit 14679

FY End
2023-03-31
Total Expended
$1.18M
Findings
2
Programs
1
Organization: Village of Godfrey (IL)
Year: 2023 Accepted: 2024-01-31
Auditor: Scheffel Boyle

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
10893 2023-001 - - L
587335 2023-001 - - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.18M Yes 1

Contacts

Name Title Type
SJQVQ55KL114 Rich Beran Auditee
6184663324 Robyn Klingler Auditor
No contacts on file

Notes to SEFA

Title: Noncash Assistance, Federal Insurance and Loans/Loan Guarantees Accounting Policies: Genereral -The accompanying Schedule Expenditures of Federal Awards presents the activity of all federal award programs of the Village of Godfrey, Illinois. The Village’s reporting entity is defined in Note 1 to the Village’s financial statements. Federal awards passed through to other government agencies are included on the schedule. Basis of Accounting -The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the Village’s financial statements. De Minimis Rate Used: Y Rate Explanation: The Village elected to use the de minimis indirect cost rate of 10%. The Village did not receive any noncash assistance, federal guaranteed loans or federal insurance for any of its programs for the year ended March 31, 2023.
Title: Subrecipient Monitoring Accounting Policies: Genereral -The accompanying Schedule Expenditures of Federal Awards presents the activity of all federal award programs of the Village of Godfrey, Illinois. The Village’s reporting entity is defined in Note 1 to the Village’s financial statements. Federal awards passed through to other government agencies are included on the schedule. Basis of Accounting -The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the Village’s financial statements. De Minimis Rate Used: Y Rate Explanation: The Village elected to use the de minimis indirect cost rate of 10%. The Village did not provide any funds to subrecipients for federal funds.

Finding Details

Finding 2023-001
Condition: The Village incorrectly reported zero expenditures on their annual Project and Expenditure (P&E) report for fiscal year ended March 31, 2023. They previously included these expenditures as spent on their annual P&E report for fiscal year ended March 31, 2022. Therefore, the expenditures reported on the schedule of expenditures and federal awards for March 31, 2023, do not match what the Village submitted for expenditures on their annual P&E report. Recommendation: The Village should ensure expenditures incurred within the fiscal year are included on the correct annual P&E report for federal awards. Management’s Response: The finding for this audit was due to the one-time contribution of American Rescue Plan Act (ARPA) funds. It is not anticipated that such a contribution will happen again. However, the Village will ensure that expenditure reports only include eligible expenditures going forward.
Finding 2023-001
Condition: The Village incorrectly reported zero expenditures on their annual Project and Expenditure (P&E) report for fiscal year ended March 31, 2023. They previously included these expenditures as spent on their annual P&E report for fiscal year ended March 31, 2022. Therefore, the expenditures reported on the schedule of expenditures and federal awards for March 31, 2023, do not match what the Village submitted for expenditures on their annual P&E report. Recommendation: The Village should ensure expenditures incurred within the fiscal year are included on the correct annual P&E report for federal awards. Management’s Response: The finding for this audit was due to the one-time contribution of American Rescue Plan Act (ARPA) funds. It is not anticipated that such a contribution will happen again. However, the Village will ensure that expenditure reports only include eligible expenditures going forward.