FAC Explorer

Audit 308467

FY End
2023-09-30
Total Expended
$32.11M
Findings
4
Programs
7
Organization: South Florida Water Management District (FL)
Year: 2023 Accepted: 2024-06-10
Auditor: Rsm US LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
400445 2023-002 Significant Deficiency - L
400446 2023-001 - - L
976887 2023-002 Significant Deficiency - L
976888 2023-001 - - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $29.51M Yes 2
15.000 Talisman-Program Income $1.29M - 0
15.654 Visitor Facility Enhancements - Refuges and Wildlife $752,753 - 0
15.000 Everglades Watershed Restoration-Program Income $323,553 - 0
15.000 East Coast Buffer/water Preserve Areas Land Acquisitions $98,949 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $35,317 - 0
11.478 Center for Sponsored Coastal Ocean Research_coastal Ocean Program $8,472 - 0

Contacts

Name Title Type
MNUWEZN36257 Candida Heater Auditee
5616826486 Brett Friedman Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the Schedule are reported using the modified accrual basis of accounting for grants which are accounted for in the governmental fund types. Such amounts are reported following the cost principles in the Uniform Guidance and State Projects Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not recover its indirect costs using the 10% de minimis indirect cost rate provided under Section 200.414 of the Uniform Guidance. The accompanying schedule of expenditures of federal awards and state financial assistance (the Schedule) includes the activity of all federal awards and state projects of the South Florida Water Management District (the District), a component unit of the State of Florida, for the year ended September 30, 2023. All federal awards and state financial assistance received directly from federal and state agencies, as well as federal and state awards passed through other government agencies are included in the accompanying Schedule. 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) and Chapter 10.550, Rules of the Auditor General. Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position or cash flows of the District. The Districtʼs reporting entity is described in Note 1 to the financial statements.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported in the Schedule are reported using the modified accrual basis of accounting for grants which are accounted for in the governmental fund types. Such amounts are reported following the cost principles in the Uniform Guidance and State Projects Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not recover its indirect costs using the 10% de minimis indirect cost rate provided under Section 200.414 of the Uniform Guidance. Expenditures reported in the Schedule are reported using the modified accrual basis of accounting for grants which are accounted for in the governmental fund types. Such amounts are reported following the cost principles in the Uniform Guidance and State Projects Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
Title: Noncash Federal Financial Assistance (Unaudited) Accounting Policies: Expenditures reported in the Schedule are reported using the modified accrual basis of accounting for grants which are accounted for in the governmental fund types. Such amounts are reported following the cost principles in the Uniform Guidance and State Projects Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not recover its indirect costs using the 10% de minimis indirect cost rate provided under Section 200.414 of the Uniform Guidance. In accordance with various cost sharing projects the District has entered into with the U.S. Army Corps of Engineers (ACOE), a portion of the project is funded and performed by the ACOE and is considered to be noncash federal financial assistance to the District. However, since the amount is provided by the ACOE and cannot be verified by the District, it has not been subjected to audit as part of the Districtʼs federal awards under the Uniform Guidance and the Federal Single Audit Act. The amount of noncash federal financial assistance received by the District, as reported by the ACOE was $573,344 for fiscal year ended September 30, 2023.
Title: Indirect Cost Recovery Accounting Policies: Expenditures reported in the Schedule are reported using the modified accrual basis of accounting for grants which are accounted for in the governmental fund types. Such amounts are reported following the cost principles in the Uniform Guidance and State Projects Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not recover its indirect costs using the 10% de minimis indirect cost rate provided under Section 200.414 of the Uniform Guidance. The District did not recover its indirect costs using the 10% de minimis indirect cost rate provided under Section 200.414 of the Uniform Guidance.

Finding Details

Finding 2023-002
IC 2023-002 – Reporting Criteria: The District was required to submit a quarterly project and expenditure report to the grantor for the Coronavirus State and Local Fiscal Recovery Funds – American Rescue Plan Act (ARPA) grant funding it had received during the fiscal year 2023 and should have had controls in place to monitor the proper, timely filing of the reports under the grant. Condition: The District did not file the required report during fiscal year 2023 and has subsequently filed the report in the second quarter of fiscal year 2024. The internal control processes in place over grant reporting did not address ensuring that this grant reporting requirement was met in a timely manner. Context: The grant requirements require recipients to submit status reports on the use of funds and this was a one-time use of funds for a specific land purchase so only one quarterly report should have been filed but it should have been filed in the quarter in which the funds were expended. Effect: The failure to file the required report resulted in non-compliance with grant requirements, which could lead to the District being ineligible for future funding. Recommendation: We recommend that the District review its current policies and procedures for when new grant funding is received to ensure that all relevant requirements including status reports of each grant are properly noted and internal controls are put in place to monitor timely compliance by the operating departments and divisions of these requirements. Views of Responsible Officials: The corrective action taken to resolve the reporting finding was an enhancement to the grant monitoring and reporting procedures by adding a scheduled review of the reporting requirements.
Finding 2023-001
CF 2023-001 – Reporting Criteria: The District was required to submit a quarterly project and expenditure report to the grantor for the Coronavirus State and Local Fiscal Recovery Funds -American Rescue Plan Act (ARPA) grant funding it had received during fiscal year 2023. Condition: The District did not file the required report during fiscal year 2023 and has subsequently filed the report in the second quarter of fiscal year 2024. The internal control processes in place over grant reporting did not address ensuring that this grant reporting requirement was met in a timely manner. Context: The grant requirements require recipients to submit status reports on the use of funds and this was a one-time use of funds for a specific land purchase so only one quarterly report should have been filed but it should have been filed in the quarter in which the funds were expended. Effect: The failure to file the required report resulted in non-compliance with grant requirements, which could lead to the District being ineligible for future funding. Recommendation: We noted the District has submitted the required report in the second quarter of fiscal year 2024, therefore it appears no further action is necessary. Views of Responsible Officials: The corrective action taken to resolve the reporting finding was the submittal of the quarterly report to the Florida Department of Environmental Protection.
Finding 2023-002
IC 2023-002 – Reporting Criteria: The District was required to submit a quarterly project and expenditure report to the grantor for the Coronavirus State and Local Fiscal Recovery Funds – American Rescue Plan Act (ARPA) grant funding it had received during the fiscal year 2023 and should have had controls in place to monitor the proper, timely filing of the reports under the grant. Condition: The District did not file the required report during fiscal year 2023 and has subsequently filed the report in the second quarter of fiscal year 2024. The internal control processes in place over grant reporting did not address ensuring that this grant reporting requirement was met in a timely manner. Context: The grant requirements require recipients to submit status reports on the use of funds and this was a one-time use of funds for a specific land purchase so only one quarterly report should have been filed but it should have been filed in the quarter in which the funds were expended. Effect: The failure to file the required report resulted in non-compliance with grant requirements, which could lead to the District being ineligible for future funding. Recommendation: We recommend that the District review its current policies and procedures for when new grant funding is received to ensure that all relevant requirements including status reports of each grant are properly noted and internal controls are put in place to monitor timely compliance by the operating departments and divisions of these requirements. Views of Responsible Officials: The corrective action taken to resolve the reporting finding was an enhancement to the grant monitoring and reporting procedures by adding a scheduled review of the reporting requirements.
Finding 2023-001
CF 2023-001 – Reporting Criteria: The District was required to submit a quarterly project and expenditure report to the grantor for the Coronavirus State and Local Fiscal Recovery Funds -American Rescue Plan Act (ARPA) grant funding it had received during fiscal year 2023. Condition: The District did not file the required report during fiscal year 2023 and has subsequently filed the report in the second quarter of fiscal year 2024. The internal control processes in place over grant reporting did not address ensuring that this grant reporting requirement was met in a timely manner. Context: The grant requirements require recipients to submit status reports on the use of funds and this was a one-time use of funds for a specific land purchase so only one quarterly report should have been filed but it should have been filed in the quarter in which the funds were expended. Effect: The failure to file the required report resulted in non-compliance with grant requirements, which could lead to the District being ineligible for future funding. Recommendation: We noted the District has submitted the required report in the second quarter of fiscal year 2024, therefore it appears no further action is necessary. Views of Responsible Officials: The corrective action taken to resolve the reporting finding was the submittal of the quarterly report to the Florida Department of Environmental Protection.