FAC Explorer

Audit 26569

FY End
2022-12-31
Total Expended
$962,988
Findings
2
Programs
5
Organization: Town of Fairfield Vermont (VT)
Year: 2022 Accepted: 2023-09-28
Auditor: Am Peisch & Company LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
36332 2022-001 Material Weakness Yes P
612774 2022-001 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $664,341 Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $198,105 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $92,512 - 0
45.310 Grants to States $5,104 - 0
20.205 Highway Planning and Construction $2,926 - 0

Contacts

Name Title Type
HEMXLUWNEJS3 Cathy Ainsworth Auditee
8028273261 Christopher R. Goulette Auditor
No contacts on file

Notes to SEFA

Title: (3) Accounting Policies: (1)Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Pass-Through Entity Identifying numbers are presented where available

Finding Details

Finding 2022-001
One Material Weakness and no significant deficiencies relating to the audit of the basic financial statements of Town of Fairfield, Vermont are reported in the Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and other Matters Based on an Audit of the Financial Statements performed in Accordance with Governmental Auditing Standards.
Finding 2022-001
One Material Weakness and no significant deficiencies relating to the audit of the basic financial statements of Town of Fairfield, Vermont are reported in the Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and other Matters Based on an Audit of the Financial Statements performed in Accordance with Governmental Auditing Standards.