FAC Explorer

Audit 308731

FY End
2023-12-31
Total Expended
$1.01M
Findings
0
Programs
2
Organization: City of Lake Park (MN)
Year: 2023 Accepted: 2024-06-12
Auditor: Hoffman Philipp & Martell PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
66.468 Capitalization Grants for Drinking Water State Revolving Funds $982,931 Yes 0
66.458 Capitalization Grants for Clean Water State Revolving Funds $26,769 - 0

Contacts

Name Title Type
G6JMYN311VC5 Sarah Mikkelsen Auditee
2182385532 Marit Martell Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following, as applicable, in the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The city of Lake Park has elected to not use the de minimus indirect cost rate.