FAC Explorer

Audit 17177

FY End
2022-12-31
Total Expended
$4.56M
Findings
0
Programs
7
Organization: Lake Champlain Lake Geroge Regional Planning Board (NY)
Year: 2022 Accepted: 2023-06-07
Auditor: Efpr Group Cpa's PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
66.454 Water Quality Management Planning $130,305 - 0
90.601 Northern Border Regional Development $95,261 - 0
10.351 Rural Business Development Grant $70,809 - 0
10.302 Economic Development Support for Planning Organizations $70,000 - 0
20.205 Highway Planning and Construction $45,000 - 0
11.307 Economic Adjustment Assistance $10,000 Yes 0
66.481 Lake Champlain Basin Program $4,600 - 0

Contacts

Name Title Type
JGNMJN7FEKE6 Beth Gilles Auditee
5186685773 Thomas Smith, CPA Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting as described in the notes to the financial statements. De Minimis Rate Used: N Rate Explanation: The Board does not use the 10% de minimis indirect cost rate. The Board has included $3,657,052 from revolving loan funds with Economic Adjustment Assistance Program funds in the schedule of expenditures of federal awards. The resulting loan fund activity as required by the U.S. Department of Commerce for the year ended December 31, 2022 is as follows: Revolving Loan Funds: RLF IV - 868,842, RLF V - 2,788,210, TOTAL - 3,657,052.