FAC Explorer

Audit 26487

FY End
2022-06-30
Total Expended
$900,536
Findings
2
Programs
2
Organization: Town of Gramercy (LA)
Year: 2022 Accepted: 2023-02-14
Auditor: Postlethwaite & Netterville Apac

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
31115 2022-002 Material Weakness - AB
607557 2022-002 Material Weakness - AB

Programs

ALN Program Spent Major Findings
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $804,789 Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $95,747 - 0

Contacts

Name Title Type
WYA3NDQ4DHQ1 Doreen Lang Auditee
2258694403 Rodney Combs Auditor
No contacts on file

Notes to SEFA

Title: NOTE C - SUBAWARDS Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Town of Gramercy under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Town of Gramercy, it is not intended and does not present the financial position, changes in net position, or cash flows of Town of Gramercy. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Town of Gramercy did not pass through any subawards during the year ended June 30, 2022.
Title: NOTE B - RECONCILIATION OF FEDERAL EXPENDITURES Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Town of Gramercy under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Town of Gramercy, it is not intended and does not present the financial position, changes in net position, or cash flows of Town of Gramercy. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Federal assistance expended as reported on SEFA $900,536 Add: revenues accrued for FEMA PW obligated after year end 15,008 Federal Grant Revenues $915,544

Finding Details

Finding 2022-002
ENHANCEMENT OF POLICIES AND PROCEDURES FOR FEDERAL AWARDS U.S. Department of Homeland Security Passed through Louisiana Governor?s Office of Homeland Security and Emergency Preparedness 97.036 Disaster Grants ? Public Assistance (Presidentially Declared Disasters) 2021-2022 Award Year Project No. FEMA-DR4611 Criteria: The Uniform Guidance administrative requirements and cost principles apply to federal funding awards on or after December 26, 2014. 2 CFR 200, Subpart D ? Post Federal Award Requirements and Subpart E ? cost Principles of the Uniform Guidance require specific written policies relative to federal awards. Condition: The written policies and procedures of the Town do not directly address all of the requirements under the Uniform Guidance for federal programs. Cause: The Town has not taken appropriate steps to formalize policies and procedures relating to the requirements established under Uniform Guidance for compliance. Questioned Costs: None. Effect: The Town is susceptible to a higher risk of noncompliance with federal awarding requirements. Identification of a repeat finding: None. Recommendation: The Town must establish written policies and procedures to ensure compliance with Uniform Guidance requirements. View of Responsible Official: Management will implement policies and procedures to ensure compliance with Uniform Guidance requirements.
Finding 2022-002
ENHANCEMENT OF POLICIES AND PROCEDURES FOR FEDERAL AWARDS U.S. Department of Homeland Security Passed through Louisiana Governor?s Office of Homeland Security and Emergency Preparedness 97.036 Disaster Grants ? Public Assistance (Presidentially Declared Disasters) 2021-2022 Award Year Project No. FEMA-DR4611 Criteria: The Uniform Guidance administrative requirements and cost principles apply to federal funding awards on or after December 26, 2014. 2 CFR 200, Subpart D ? Post Federal Award Requirements and Subpart E ? cost Principles of the Uniform Guidance require specific written policies relative to federal awards. Condition: The written policies and procedures of the Town do not directly address all of the requirements under the Uniform Guidance for federal programs. Cause: The Town has not taken appropriate steps to formalize policies and procedures relating to the requirements established under Uniform Guidance for compliance. Questioned Costs: None. Effect: The Town is susceptible to a higher risk of noncompliance with federal awarding requirements. Identification of a repeat finding: None. Recommendation: The Town must establish written policies and procedures to ensure compliance with Uniform Guidance requirements. View of Responsible Official: Management will implement policies and procedures to ensure compliance with Uniform Guidance requirements.