Audit 314994

FY End
2023-12-31
Total Expended
$2.17M
Findings
16
Programs
4
Organization: United Way of Acadiana, INC (LA)
Year: 2023 Accepted: 2024-07-12

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
478323 2023-001 - - B
478324 2023-004 Material Weakness - B
478325 2023-001 - Yes B
478326 2023-004 Material Weakness Yes B
478327 2023-002 - Yes L
478328 2023-005 Significant Deficiency Yes L
478329 2023-003 - - N
478330 2023-006 Significant Deficiency - N
1054765 2023-001 - - B
1054766 2023-004 Material Weakness - B
1054767 2023-001 - Yes B
1054768 2023-004 Material Weakness Yes B
1054769 2023-002 - Yes L
1054770 2023-005 Significant Deficiency Yes L
1054771 2023-003 - - N
1054772 2023-006 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
93.600 Head Start $1.88M Yes 6
21.027 Coronavirus State and Local Fiscal Recovery Funds $86,317 - 0
10.558 Child and Adult Care Food Program $57,044 - 0
21.009 Volunteer Income Tax Assistance (vita) Matching Grant Program $52,809 - 0

Contacts

Name Title Type
J3SZD3J4AGE5 Tiffany Handford Auditee
3372338302 Bryan K. Joubert Auditor
No contacts on file

Notes to SEFA

Title: General Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of United Way of Acadiana, Inc. (a nonprofit organization). United Way of Acadiana, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended December 31, 2023. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to United Way of Acadiana, Inc.'s financial statements for the year ended December 31, 2023. Such expenditures are recognized following 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 Organization has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of United Way of Acadiana, Inc. (a nonprofit organization). United Way of Acadiana, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended December 31, 2023. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies.
Title: Basis of Accounting Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of United Way of Acadiana, Inc. (a nonprofit organization). United Way of Acadiana, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended December 31, 2023. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to United Way of Acadiana, Inc.'s financial statements for the year ended December 31, 2023. Such expenditures are recognized following 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 Organization has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to United Way of Acadiana, Inc.'s financial statements for the year ended December 31, 2023. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of United Way of Acadiana, Inc. (a nonprofit organization). United Way of Acadiana, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended December 31, 2023. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to United Way of Acadiana, Inc.'s financial statements for the year ended December 31, 2023. Such expenditures are recognized following 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 Organization has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.

Finding Details

Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to file the SF-429 Real Property Status Report, SF-429A General Reporting, and the SF-425 Federal Financial Report. The Organization should have internal controls over the preparation and timely submission of these required reports. CONDITION: The Organization did not have adequate internal controls over the preparation and timely submission of the required reports for their major federal program. CAUSE: The Organization has established controls and procedures over reporting; however, the controls are not operating effectively. EFFECT: The Organization’s SF-429 was filed approximately 45 days after the prescribed due date. The Organizations SF-425 was filed with inaccurate information. RECOMMENDATION: The Organization should review their established policies and procedures and ensure that the required federal program reporting is submitted within the prescribed timelines with accurate information. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana has engaged in fiscal integrity training through the EHS program and has established internal controls for financial reporting. We have designated staff and established timelines to ensure timely completion of reporting.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to file the SF-429 Real Property Status Report, SF-429A General Reporting, and the SF-425 Federal Financial Report. The Organization should have internal controls over the preparation and timely submission of these required reports. CONDITION: The Organization did not have adequate internal controls over the preparation and timely submission of the required reports for their major federal program. CAUSE: The Organization has established controls and procedures over reporting; however, the controls are not operating effectively. EFFECT: The Organization’s SF-429 was filed approximately 45 days after the prescribed due date. The Organizations SF-425 was filed with inaccurate information. RECOMMENDATION: The Organization should review their established policies and procedures and ensure that the required federal program reporting is submitted within the prescribed timelines with accurate information. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana has engaged in fiscal integrity training through the EHS program and has established internal controls for financial reporting. We have designated staff and established timelines to ensure timely completion of reporting.
Fiscal year finding initially occurred: 2023 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to share accurate and regular financial information with the governing body and the policy council, including monthly financial statements. CONDITION: The Organization did not provide financial statements related to the federal programs on a monthly basis. CAUSE: The Organization shares bimonthly financial statements; however, the financial statements are required to be shared on a monthly basis. EFFECT: The Organization did not share monthly financial statements with the governing bodies; therefore, it was not in compliance with the regulation. RECOMMENDATION: The Organization should ensure the sharing of accurate and regular information for use by the governing body and the policy council, about program planning, policies, and Head Start agency operations, including-- (A) monthly financial statements, including credit card expenditures; (B) monthly program information summaries; (C) program enrollment reports, including attendance reports for children whose care is partially subsidized by another public agency; (D) monthly reports of meals and snacks provided through programs of the Department of Agriculture; (E) the financial audit; (F) the annual self-assessment, including any findings related to such assessment; (G) the communitywide strategic planning and needs assessment of the Head Start agency, including any applicable updates; (H) communication and guidance from the Secretary; and (I) the program information reports. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana acknowledges the recommendation and is dedicated to improving our procedures to guarantee the accurate and timely dissemination of information to the governing body and policy council. Beginning Q4 2023, we have consistently provided monthly financial reports to the governing body, and we are committed to maintaining this practice going forward.
Fiscal year finding initially occurred: 2023 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to share accurate and regular financial information with the governing body and the policy council, including monthly financial statements. CONDITION: The Organization did not provide financial statements related to the federal programs on a monthly basis. CAUSE: The Organization shares bimonthly financial statements; however, the financial statements are required to be shared on a monthly basis. EFFECT: The Organization did not share monthly financial statements with the governing bodies; therefore, it was not in compliance with the regulation. RECOMMENDATION: The Organization should ensure the sharing of accurate and regular information for use by the governing body and the policy council, about program planning, policies, and Head Start agency operations, including-- (A) monthly financial statements, including credit card expenditures; (B) monthly program information summaries; (C) program enrollment reports, including attendance reports for children whose care is partially subsidized by another public agency; (D) monthly reports of meals and snacks provided through programs of the Department of Agriculture; (E) the financial audit; (F) the annual self-assessment, including any findings related to such assessment; (G) the communitywide strategic planning and needs assessment of the Head Start agency, including any applicable updates; (H) communication and guidance from the Secretary; and (I) the program information reports. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana acknowledges the recommendation and is dedicated to improving our procedures to guarantee the accurate and timely dissemination of information to the governing body and policy council. Beginning Q4 2023, we have consistently provided monthly financial reports to the governing body, and we are committed to maintaining this practice going forward.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the Uniform Guidance, the Organization should have internal controls over some or all of the compliance requirements for major federal programs. CONDITION: The Organization's internal controls over activities allowed/allowable costs were determined to be ineffective during the performance of internal control testing over the major federal program. CAUSE: The Organization did not adhere to their established controls and procedures over activities allowed/allowable costs. EFFECT: The Organization may have included costs that were not allowable in their cost of assistance. A sample of 63 transactions totaling $126,316 was selected for testing. There was one disbursement transaction that was not approved by two employees and three transactions were not properly allocated between federal grant employees and nonfederal grant employees in accordance with the Organization’s policy. As a result, the Organization had questioned costs totaling $7,660. Our sample was a non-statistical sample. RECOMMENDATION: The Organization should review their established policies and procedures for effectiveness and ensure all employees adhere to all established procedures. Additionally, management should ensure all costs charged to the program are allowable under the grant guidelines. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way onboarded a new Finance Director with expertise in developing internal controls for Federal grant programs as of August 2023. We have successfully implemented robust internal controls that have significantly enhanced our operational efficiency. We are confident that as of 2024, this issue has been effectively addressed.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to file the SF-429 Real Property Status Report, SF-429A General Reporting, and the SF-425 Federal Financial Report. The Organization should have internal controls over the preparation and timely submission of these required reports. CONDITION: The Organization did not have adequate internal controls over the preparation and timely submission of the required reports for their major federal program. CAUSE: The Organization has established controls and procedures over reporting; however, the controls are not operating effectively. EFFECT: The Organization’s SF-429 was filed approximately 45 days after the prescribed due date. The Organizations SF-425 was filed with inaccurate information. RECOMMENDATION: The Organization should review their established policies and procedures and ensure that the required federal program reporting is submitted within the prescribed timelines with accurate information. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana has engaged in fiscal integrity training through the EHS program and has established internal controls for financial reporting. We have designated staff and established timelines to ensure timely completion of reporting.
Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to file the SF-429 Real Property Status Report, SF-429A General Reporting, and the SF-425 Federal Financial Report. The Organization should have internal controls over the preparation and timely submission of these required reports. CONDITION: The Organization did not have adequate internal controls over the preparation and timely submission of the required reports for their major federal program. CAUSE: The Organization has established controls and procedures over reporting; however, the controls are not operating effectively. EFFECT: The Organization’s SF-429 was filed approximately 45 days after the prescribed due date. The Organizations SF-425 was filed with inaccurate information. RECOMMENDATION: The Organization should review their established policies and procedures and ensure that the required federal program reporting is submitted within the prescribed timelines with accurate information. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana has engaged in fiscal integrity training through the EHS program and has established internal controls for financial reporting. We have designated staff and established timelines to ensure timely completion of reporting.
Fiscal year finding initially occurred: 2023 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to share accurate and regular financial information with the governing body and the policy council, including monthly financial statements. CONDITION: The Organization did not provide financial statements related to the federal programs on a monthly basis. CAUSE: The Organization shares bimonthly financial statements; however, the financial statements are required to be shared on a monthly basis. EFFECT: The Organization did not share monthly financial statements with the governing bodies; therefore, it was not in compliance with the regulation. RECOMMENDATION: The Organization should ensure the sharing of accurate and regular information for use by the governing body and the policy council, about program planning, policies, and Head Start agency operations, including-- (A) monthly financial statements, including credit card expenditures; (B) monthly program information summaries; (C) program enrollment reports, including attendance reports for children whose care is partially subsidized by another public agency; (D) monthly reports of meals and snacks provided through programs of the Department of Agriculture; (E) the financial audit; (F) the annual self-assessment, including any findings related to such assessment; (G) the communitywide strategic planning and needs assessment of the Head Start agency, including any applicable updates; (H) communication and guidance from the Secretary; and (I) the program information reports. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana acknowledges the recommendation and is dedicated to improving our procedures to guarantee the accurate and timely dissemination of information to the governing body and policy council. Beginning Q4 2023, we have consistently provided monthly financial reports to the governing body, and we are committed to maintaining this practice going forward.
Fiscal year finding initially occurred: 2023 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to share accurate and regular financial information with the governing body and the policy council, including monthly financial statements. CONDITION: The Organization did not provide financial statements related to the federal programs on a monthly basis. CAUSE: The Organization shares bimonthly financial statements; however, the financial statements are required to be shared on a monthly basis. EFFECT: The Organization did not share monthly financial statements with the governing bodies; therefore, it was not in compliance with the regulation. RECOMMENDATION: The Organization should ensure the sharing of accurate and regular information for use by the governing body and the policy council, about program planning, policies, and Head Start agency operations, including-- (A) monthly financial statements, including credit card expenditures; (B) monthly program information summaries; (C) program enrollment reports, including attendance reports for children whose care is partially subsidized by another public agency; (D) monthly reports of meals and snacks provided through programs of the Department of Agriculture; (E) the financial audit; (F) the annual self-assessment, including any findings related to such assessment; (G) the communitywide strategic planning and needs assessment of the Head Start agency, including any applicable updates; (H) communication and guidance from the Secretary; and (I) the program information reports. MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana acknowledges the recommendation and is dedicated to improving our procedures to guarantee the accurate and timely dissemination of information to the governing body and policy council. Beginning Q4 2023, we have consistently provided monthly financial reports to the governing body, and we are committed to maintaining this practice going forward.