FAC Explorer

Audit 1602

FY End
2023-03-31
Total Expended
$1.80M
Findings
0
Programs
2
Organization: City of MacKinac Island (MI)
Year: 2023 Accepted: 2023-10-27
Auditor: Anderson Tackman & Company Plc

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
66.458 Capitalization Grants for Clean Water State Revolving Funds $1.76M Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $42,330 - 0

Contacts

Name Title Type
LG5XSRLMBL29 Trista France Auditee
9068476556 Kenneth A. Talsman Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significan Accounting Policies Accounting Policies: Accrual Basis of Accounting De Minimis Rate Used: Y Rate Explanation: The City elected to use the 10 percent de minimis cost rate Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement