FAC Explorer

Audit 309164

FY End
2022-12-31
Total Expended
$2.56M
Findings
6
Programs
2
Organization: Camden County Pwsd #1 (MO)
Year: 2022 Accepted: 2024-06-18
Auditor: Evers & Company Cpa's LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
401123 2022-004 Material Weakness - I
401124 2022-005 Material Weakness - I
401125 2022-006 Material Weakness - L
977565 2022-004 Material Weakness - I
977566 2022-005 Material Weakness - I
977567 2022-006 Material Weakness - L

Programs

ALN Program Spent Major Findings
66.468 Capitalization Grants for Drinking Water State Revolving Funds $1.90M Yes 3
14.218 Community Development Block Grants/entitlement Grants $661,020 - 0

Contacts

Name Title Type
HZPWLPDJYDM4 Deryl Osborn Auditee
5733635800 Bobbie Murray Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Camden County Public Water Supply District No. 1 has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Camden County Public Water Supply District No. 1 for the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion of the operations of Camden County Public Water Supply District No. 1, it is not intended and does not present the cash basis financial position of changes in net position of Camden County Public Water Supply District No. 1. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Camden County Public Water Supply District No. 1 has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance. Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Camden County Public Water Supply District No. 1 has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance. Camden County Public Water Supply District No. 1 has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance.
Title: Drinking Water State Revolving Fund Direct Loan Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Camden County Public Water Supply District No. 1 has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance. The District received waterwork system review bonds in the amount of $711,000 as matching funds for the Drinking Water State Revolving Fund Direct grant. The funds are deposited in the District’s account as needed for payments to contractors. The deposits made into the District’s account are included in the federal expenditures presented in the schedule. See the Notes to the SEFA for chart/table.

Finding Details

Finding 2022-004
Criteria: Uniform Guidance [(CFR 2, §200.318(c)(1)] requires a non-federal entity must maintain written standards of conduct covering conflicts of interest and governing the action of its employees engaged in the selection, award and administration of contracts. Condition: The District does not have a written conflict of interest policy. Context: During our consideration of compliance requirements of Uniform Guidance, we noted the District had not adopted a conflict of interest policy. Effect: The District is not in compliance with requirements of Uniform Guidance. Cause of Condition: The District has not finalized its evaluation of existing policies for compliance with Uniform Guidance requirements. Recommendation: We recommend the District finalize its evaluation of existing policies and formally adopt a written conflict of interest policy. Views of Responsible Officials and Planned Corrective Actions: The District concurs with the recommendation to adopt a written conflict of interest policy and the District has implemented a written conflict of interest policy for the next fiscal year.
Finding 2022-005
Criteria: Uniform Guidance [(CFR 2, §200.318] requires that any entity expending over $750,000 in federal funds to adopt a procurement policy that aligns with the requirements of Uniform Guidance. Condition: The District does not have a procurement policy. Context: During our consideration of compliance requirements, we noted that the District does not have a written procurement policy. Effect: The District is not in compliance with the requirements of Uniform Guidance. Cause of Condition: The District has not finalized its evaluation of existing policies and formally adopt a written procurement policy. Recommendation: The District should finalize its evaluation of existing policies and formally adopt a written procurement policy that is in compliance with the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: The District concurs with the recommendation to adopt a written procurement policy and will adopt one for the next fiscal year.
Finding 2022-006
Criteria: Organizations expending an excess of $750,000 in federal awards are required to submit a data collection form to the Federal Clearinghouse no later than the earlier of nine months following the fiscal year end or one month after the Single Audit on Uniform Guidance report is issued. Condition: The Single Audit was started in October 2023 and not completed until May 2024. The data collection form was not submitted in a timely fashion. Context: The District had a significant amount of personnel turnover, causing difficulties in preparation of the financial statements and schedule of federal expenditures. Effect: The District is not in compliance with the Single Audit provisions requiring the timely submission of the data collection form. Cause of Condition: The District had significant turn over in the fiscal office, which resulted in the delay of the single audit. Recommendation: The District should ensure all parties assisting with the reporting and recording of federal expenditures are well trained in the requirements. Views of responsible officials and planned corrective actions: The Board concurs with the finding, and is in the process of developing processes and implementing controls to ensure timely reporting in the future.
Finding 2022-004
Criteria: Uniform Guidance [(CFR 2, §200.318(c)(1)] requires a non-federal entity must maintain written standards of conduct covering conflicts of interest and governing the action of its employees engaged in the selection, award and administration of contracts. Condition: The District does not have a written conflict of interest policy. Context: During our consideration of compliance requirements of Uniform Guidance, we noted the District had not adopted a conflict of interest policy. Effect: The District is not in compliance with requirements of Uniform Guidance. Cause of Condition: The District has not finalized its evaluation of existing policies for compliance with Uniform Guidance requirements. Recommendation: We recommend the District finalize its evaluation of existing policies and formally adopt a written conflict of interest policy. Views of Responsible Officials and Planned Corrective Actions: The District concurs with the recommendation to adopt a written conflict of interest policy and the District has implemented a written conflict of interest policy for the next fiscal year.
Finding 2022-005
Criteria: Uniform Guidance [(CFR 2, §200.318] requires that any entity expending over $750,000 in federal funds to adopt a procurement policy that aligns with the requirements of Uniform Guidance. Condition: The District does not have a procurement policy. Context: During our consideration of compliance requirements, we noted that the District does not have a written procurement policy. Effect: The District is not in compliance with the requirements of Uniform Guidance. Cause of Condition: The District has not finalized its evaluation of existing policies and formally adopt a written procurement policy. Recommendation: The District should finalize its evaluation of existing policies and formally adopt a written procurement policy that is in compliance with the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: The District concurs with the recommendation to adopt a written procurement policy and will adopt one for the next fiscal year.
Finding 2022-006
Criteria: Organizations expending an excess of $750,000 in federal awards are required to submit a data collection form to the Federal Clearinghouse no later than the earlier of nine months following the fiscal year end or one month after the Single Audit on Uniform Guidance report is issued. Condition: The Single Audit was started in October 2023 and not completed until May 2024. The data collection form was not submitted in a timely fashion. Context: The District had a significant amount of personnel turnover, causing difficulties in preparation of the financial statements and schedule of federal expenditures. Effect: The District is not in compliance with the Single Audit provisions requiring the timely submission of the data collection form. Cause of Condition: The District had significant turn over in the fiscal office, which resulted in the delay of the single audit. Recommendation: The District should ensure all parties assisting with the reporting and recording of federal expenditures are well trained in the requirements. Views of responsible officials and planned corrective actions: The Board concurs with the finding, and is in the process of developing processes and implementing controls to ensure timely reporting in the future.