Audit 304046

FY End

2023-12-31

Total Expended

$1.80M

Findings

4

Programs

2

Organization: Town of Union Local Development Corporation (NY)

Year: 2023 Accepted: 2024-04-19

Auditor: Efpr Group Cpa's PLLC

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
393847	2023-001	-	-	M
393848	2023-001	-	-	M
970289	2023-001	-	-	M
970290	2023-001	-	-	M

ALN	Program	Spent	Major	Findings
21.027	Covid-19 - Coronavirus State and Local Fiscal Recovery Funds	$800,000	Yes	1
14.218	Community Development Block Grants/entitlement Grants	$514,359	-	0

Contacts

Name	Title	Type
XV6CTEJA6RM4	Joseph Moody	Auditee
6077862945	Thomas Smith, CPA	Auditor
No contacts on file

Notes to SEFA

Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of federal award programs administered by the Corporation, which is described in note 1 to the Corporation’s accompanying financial statements, using the modified accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information is presented in accordance with the requirements of the Uniform Guidance. Matching costs (the Corporation’s share of certain program costs) are not included in the reported expenditures. The amounts reported as federal expenditures were obtained from the federal financial reports for the applicable program and periods. The amounts reported in the schedule of expenditures of federal awards are prepared from records maintained for each program, which are reconciled with the Corporation’s financial reporting system. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent that such costs are included in the Federal financial reports used as the source for the data presented. The Corporation does not use the 10% de minimis election. There were ten subrecipients of the Coronavirus State and Local Fiscal Recovery Funds for the year ended December 31, 2023.

Finding Details

Finding 2023-001

Criteria - Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Condition - The subrecipients may not have a full understanding of the Federal program. Key information, including identifying the grant name and assistance listing number, were not identified on the award letters given to the subrecipients. Cause - The award letters to subrecipients did not include all required information. Effect of Condition - The Corporation is not in compliance with Code of Federal Regulations §200.332. Questioned Costs - None. Perspective - Two of the ten subrecipients were selected for audit. Both subrecipients’ award letters were missing key information. It is projected that all ten subrecipients’ award letters were also missing the information. Recommendation - We recommend that the Corporation revise its grant award letters to be in compliance with Code of Federal Regulations §200.332. Views of Responsible Officials and Planned Corrective Actions - Criteria Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Corrective Action Plan The Corporation acknowledges and is aware of this finding. The Chief Executive Officer, Joseph Moody, is the responsible party for the financial statements. The award notifications shall be revised to include language to be in compliance with Code of Federal Regulations §200.332. The Corporation is currently working on the revisions and the anticipated completion date is March 31, 2024.

Finding 2023-001

Criteria - Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Condition - The subrecipients may not have a full understanding of the Federal program. Key information, including identifying the grant name and assistance listing number, were not identified on the award letters given to the subrecipients. Cause - The award letters to subrecipients did not include all required information. Effect of Condition - The Corporation is not in compliance with Code of Federal Regulations §200.332. Questioned Costs - None. Perspective - Two of the ten subrecipients were selected for audit. Both subrecipients’ award letters were missing key information. It is projected that all ten subrecipients’ award letters were also missing the information. Recommendation - We recommend that the Corporation revise its grant award letters to be in compliance with Code of Federal Regulations §200.332. Views of Responsible Officials and Planned Corrective Actions - Criteria Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Corrective Action Plan The Corporation acknowledges and is aware of this finding. The Chief Executive Officer, Joseph Moody, is the responsible party for the financial statements. The award notifications shall be revised to include language to be in compliance with Code of Federal Regulations §200.332. The Corporation is currently working on the revisions and the anticipated completion date is March 31, 2024.

Finding 2023-001

Criteria - Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Condition - The subrecipients may not have a full understanding of the Federal program. Key information, including identifying the grant name and assistance listing number, were not identified on the award letters given to the subrecipients. Cause - The award letters to subrecipients did not include all required information. Effect of Condition - The Corporation is not in compliance with Code of Federal Regulations §200.332. Questioned Costs - None. Perspective - Two of the ten subrecipients were selected for audit. Both subrecipients’ award letters were missing key information. It is projected that all ten subrecipients’ award letters were also missing the information. Recommendation - We recommend that the Corporation revise its grant award letters to be in compliance with Code of Federal Regulations §200.332. Views of Responsible Officials and Planned Corrective Actions - Criteria Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Corrective Action Plan The Corporation acknowledges and is aware of this finding. The Chief Executive Officer, Joseph Moody, is the responsible party for the financial statements. The award notifications shall be revised to include language to be in compliance with Code of Federal Regulations §200.332. The Corporation is currently working on the revisions and the anticipated completion date is March 31, 2024.

Finding 2023-001

Criteria - Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Condition - The subrecipients may not have a full understanding of the Federal program. Key information, including identifying the grant name and assistance listing number, were not identified on the award letters given to the subrecipients. Cause - The award letters to subrecipients did not include all required information. Effect of Condition - The Corporation is not in compliance with Code of Federal Regulations §200.332. Questioned Costs - None. Perspective - Two of the ten subrecipients were selected for audit. Both subrecipients’ award letters were missing key information. It is projected that all ten subrecipients’ award letters were also missing the information. Recommendation - We recommend that the Corporation revise its grant award letters to be in compliance with Code of Federal Regulations §200.332. Views of Responsible Officials and Planned Corrective Actions - Criteria Code of Federal Regulations §200.332 lists the requirements that must be clearly identified to subrecipients. Corrective Action Plan The Corporation acknowledges and is aware of this finding. The Chief Executive Officer, Joseph Moody, is the responsible party for the financial statements. The award notifications shall be revised to include language to be in compliance with Code of Federal Regulations §200.332. The Corporation is currently working on the revisions and the anticipated completion date is March 31, 2024.