FAC Explorer

Audit 25596

FY End
2022-03-31
Total Expended
$1.28M
Findings
2
Programs
2
Organization: Village of Godfrey (IL)
Year: 2022 Accepted: 2023-08-13
Auditor: Scheffel Boyle

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
25277 2022-001 - - L
601719 2022-001 - - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.18M Yes 1
14.218 Community Development Block Grants/entitlement Grants $100,000 - 0

Contacts

Name Title Type
SJQVQ55KL114 Michael McCormick Auditee
6184663324 Robyn Klingler Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE 1:SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES General - The accompanying Schedule of Federal Awards presents the activity of all federal award programs of Village of Godfrey, Illinois. The Village's reporting entity is defined in Note 1 to the Village's financial statements. Federal Awards pass through over government agencies are included on the schedule. Basis of Accounting - The accompanying Schedule of Federal Awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the Village's financial statements. Noncash Assistance, Federal Insurance and Loans/Loan Guarantees - The Village did not receive any noncash assistance, federal guaranteed loans or federal insurance for any of its programs for the year ended April 30, 2022. Subrecipient Monitoring - The Village did not provide any funds to subrecipients for federal funds. Indirect Cost Rate - The Village elected to use the de minimis indirect cost rate of 10%. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate.

Finding Details

Finding 2022-001
In addition to the eligible expenditures reported on the schedule of expenditures and federal awards, the Village submitted expenditures on their annual Project and Expenditure (P&E) report report that were not within the fiscal year. The Village should ensure that only expenditures that occurred within the fiscal year are included on the annual P&E report for federal awards.
Finding 2022-001
In addition to the eligible expenditures reported on the schedule of expenditures and federal awards, the Village submitted expenditures on their annual Project and Expenditure (P&E) report report that were not within the fiscal year. The Village should ensure that only expenditures that occurred within the fiscal year are included on the annual P&E report for federal awards.