FAC Explorer

Audit 30458

FY End
2022-12-31
Total Expended
$4.39M
Findings
2
Programs
3
Organization: City of Centennial (CO)
Year: 2022 Accepted: 2023-08-24
Auditor: Rubinbrown LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
37984 2022-002 Material Weakness - L
614426 2022-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
21.207 Coronavirus State and Local Fiscal Recovery Funds $4.24M Yes 1
14.218 Community Development Block Grants/entitlement Grants $127,258 - 0
20.205 Highway Planning and Construction $20,002 - 0

Contacts

Name Title Type
F7J1JC254S38 Debbie Mitchell Auditee
3033258000 Matthew Marino Auditor
No contacts on file

Notes to SEFA

Accounting Policies: 1. OrganizationThe accompanying schedule of expenditures of federal awards presents the activity of all federal award programs of City of Centennial, Colorado (the City), for the year ended December 31, 2022. All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies, are included on the schedule.2. Basis Of PresentationThe accompanying schedule of expenditures of federal awards includes the federal grant activity of the City and is presented on the modified accrual basis of accounting. The information in the accompanying schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Costs Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the schedule may differ from the amounts presented in, or used in, the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, Section 414.

Finding Details

Finding 2022-002
Finding 2022-002 Reporting Material Weakness, Internal Control Over Compliance and Compliance ALN 21.027: COVID-19 Coronavirus State and Local Fiscal Recovery Funds Federal Agency: U.S. Department Of Treasury Pass-Through Entity: N/A Criteria Or Specific Requirement: The Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) provide direct payments to states, U.S. territories, tribal governments, metropolitan cities, counties and nonentitlement units of local government may be utilized to provide government services, to the extent COVID-19 caused a reduction in revenues collected in the most recent full fiscal year, incurred between March 3, 2021 and December 31, 2024. Condition/Context: In our audit, we noted the City inaccurately reported a certain element of the Performance and Expenditure report. Cause: The City did not have sufficient internal controls in place to ensure that accounting staff were appropriately trained on federal grant requirements related to reporting of CSLFRF expenditures. Effect: Without adequate controls over federal expenditures reporting, the City may not detect an error in reporting requirements. Questioned Costs: N/A Identification As A Repeat Finding: N/A Recommendation: We recommend the City improve its internal controls by ensuring the personnel responsible are appropriately trained on federal grant requirements. Views Of Responsible Officials And Planned Corrective Action: The City agrees with the finding and has put together a correction action plan for the finding. See corrective action plan included in this report.
Finding 2022-002
Finding 2022-002 Reporting Material Weakness, Internal Control Over Compliance and Compliance ALN 21.027: COVID-19 Coronavirus State and Local Fiscal Recovery Funds Federal Agency: U.S. Department Of Treasury Pass-Through Entity: N/A Criteria Or Specific Requirement: The Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) provide direct payments to states, U.S. territories, tribal governments, metropolitan cities, counties and nonentitlement units of local government may be utilized to provide government services, to the extent COVID-19 caused a reduction in revenues collected in the most recent full fiscal year, incurred between March 3, 2021 and December 31, 2024. Condition/Context: In our audit, we noted the City inaccurately reported a certain element of the Performance and Expenditure report. Cause: The City did not have sufficient internal controls in place to ensure that accounting staff were appropriately trained on federal grant requirements related to reporting of CSLFRF expenditures. Effect: Without adequate controls over federal expenditures reporting, the City may not detect an error in reporting requirements. Questioned Costs: N/A Identification As A Repeat Finding: N/A Recommendation: We recommend the City improve its internal controls by ensuring the personnel responsible are appropriately trained on federal grant requirements. Views Of Responsible Officials And Planned Corrective Action: The City agrees with the finding and has put together a correction action plan for the finding. See corrective action plan included in this report.