Audit 309382

FY End

2023-06-30

Total Expended

$1.75M

Findings

2

Programs

1

Organization: Uintah City (UT)

Year: 2023 Accepted: 2024-06-20

Auditor: Child Richards CPAS

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
401314	2023-001	Significant Deficiency	-	P
977756	2023-001	Significant Deficiency	-	P

ALN	Program	Spent	Major	Findings
21.027	Coronavirus State and Local Fiscal Recovery Funds	$1.75M	Yes	1

Contacts

Name	Title	Type
FS6WPVLWBK11	Michael Ulrich	Auditee
8016272100	Ryan Child	Auditor
No contacts on file

Notes to SEFA

Title: PURPOSE OF SCHEDULE Accounting Policies: A.Basis of Presentation – The information is presented in accordance with the Uniform Guidance and in accordance with accrual basis of accounting. Federal Awards – Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly, non-monetary federal awards, including federal surplus property, is included in federal awards and, therefore, is reported on the Schedule. Federal awards do not include direct federal cash assistance to individuals. Type A and Type B Programs – The Uniform Guidance establishes the levels of expenditures or expenses to be used in defining Type A and Type B federal awards programs. Type A program threshold in during the year was $750,000. B.Reporting Entity – The reporting entity is fully described in the footnotes of Uintah City’s financial statements. The schedule includes all federal awards programs administered by Uintah City for the year ended June 30, 2023. C.Basis of Accounting – The expenditures in the Schedule are recognized as incurred based on the accrual basis of accounting and the cost accounting principles contained in the Uniform Guidance. The information in the Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. D.Assistance Listing Numbers – Uniform Guidance requires the Schedule to show the total expenditures for each of the entity’s federal financial assistance programs as identified as Assistance Listing Numbers, formerly (CFDA). Each program is assigned a five-digit program identification number (AL number). E.Major Programs – The Uniform Guidance establishes a risk-based approach to be used in defining major federal financial programs. Major programs are identified in the schedule of findings and questioned costs. F.Indirect Costs – The City does not use an indirect cost allocation. G.Loan Programs – The balance of federal loan programs as of June 30, 2023 was $0. De Minimis Rate Used: N Rate Explanation: NONE Used The accompanying Schedule of Expenditures of Federal Awards (Schedule) is a supplementary schedule of Uintah City’s general purpose financial statements and is presented for purposes of additional analysis. Because the schedule presents only a select portion of the activities of the Uintah City, it is not intended to and does not present the financial position, changes in net position or the revenues or expenditures of Uintah City. The schedule is required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).

Finding Details

Finding 2023-001

2023-001: Internal Controls Over Financial Reporting – Bank Reconciliations Criteria: Controls should be in place and performed in a timely basis in order to to be completed within 30 days of the month end. prevent, or detect and correct misstatements. Condition: An important element in accounting are bank reconciliations, which were not being performed in a scheduled timely manner. Cause: Disbursements and receipts of City funds record these transactions into the general ledger, which generates financial statements. The bank reconciliations verify the items that are disbursed and receipted are correctly recorded in the financial statements and are properly authorized. Effect: There is no effect on the financial statements. Recommendation: We recommend the City implement controls so that the bank reconciliations are performed in a timely manner. Management’s Response: Management intends to adopt the recommendation to require the bank reconciliation to be completed within 30 days of the month end.

Finding 2023-001

2023-001: Internal Controls Over Financial Reporting – Bank Reconciliations Criteria: Controls should be in place and performed in a timely basis in order to to be completed within 30 days of the month end. prevent, or detect and correct misstatements. Condition: An important element in accounting are bank reconciliations, which were not being performed in a scheduled timely manner. Cause: Disbursements and receipts of City funds record these transactions into the general ledger, which generates financial statements. The bank reconciliations verify the items that are disbursed and receipted are correctly recorded in the financial statements and are properly authorized. Effect: There is no effect on the financial statements. Recommendation: We recommend the City implement controls so that the bank reconciliations are performed in a timely manner. Management’s Response: Management intends to adopt the recommendation to require the bank reconciliation to be completed within 30 days of the month end.