Audit 316601

FY End

2022-12-31

Total Expended

$1.18M

Findings

2

Programs

1

Organization: Town of Volney, New York (NY)

Year: 2022 Accepted: 2024-08-05

Auditor: Efpr Group Cpa's PLLC

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
480346	2022-001	-	-	L
1056788	2022-001	-	-	L

ALN	Program	Spent	Major	Findings
10.760	Water and Waste Disposal Systems for Rural Communities	$1.18M	Yes	1

Contacts

Name	Title	Type
KZ7PNT2FN7W8	Theresa Anderson	Auditee
3155938288	Thomas Smith, CPA	Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The amounts reported as federal expenditures are presented on the cash basis of accounting which is a basis of accounting other than accounting principles generally accepted in the United States of America, and were derived from the Town’s general ledger for the U.S. Department of Agriculture Water and Waste Disposal Systems for Rural Communities Program. De Minimis Rate Used: N Rate Explanation: The Town has not elected to incorporate the 10% de minimis option as allowed by Uniform Guidance. A negotiated indirect cost rate is used in the contract with the engineering firm.

Finding Details

Finding 2022-001

Federal Agency - United State Department of Agriculture Federal Program - Water and Waste Disposal Systems for Rural Communities - (10.760) Federal Award Year - 2021 State Agency - Not applicable Reference - 2022-001 Submission of Data Collection Form Criteria - Management is responsible for establishing and maintaining effective internal controls and for the fair presentation of the schedule of expenditures of federal awards. Condition - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year-end. Cause - The late filing resulted from a lack of internal controls over Federal financial reporting. Effect of Condition - The Data Collection Form is late and does not meet the Federal requirement. Statistical Sampling - The sample was not intended to be, and was not, a statistically valid sample. Recommendation - The Town should establish accounting procedures to properly identify Federal expenditures and implement controls to complete the timely submission of the Data Collection Form. Views of Responsible Officials and Planned Corrective Actions - Finding 2022-001 - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year end. a. Implementation of Plan of Action - Management will work with the auditors for timely completion of the audit and filing of the Data Collection Form. b. Implementation Date - Management expects to have this completed December 31, 2024. c. Persons Responsible for the Implementation - The Board of Trustees and the Town Supervisor.

Finding 2022-001

Federal Agency - United State Department of Agriculture Federal Program - Water and Waste Disposal Systems for Rural Communities - (10.760) Federal Award Year - 2021 State Agency - Not applicable Reference - 2022-001 Submission of Data Collection Form Criteria - Management is responsible for establishing and maintaining effective internal controls and for the fair presentation of the schedule of expenditures of federal awards. Condition - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year-end. Cause - The late filing resulted from a lack of internal controls over Federal financial reporting. Effect of Condition - The Data Collection Form is late and does not meet the Federal requirement. Statistical Sampling - The sample was not intended to be, and was not, a statistically valid sample. Recommendation - The Town should establish accounting procedures to properly identify Federal expenditures and implement controls to complete the timely submission of the Data Collection Form. Views of Responsible Officials and Planned Corrective Actions - Finding 2022-001 - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year end. a. Implementation of Plan of Action - Management will work with the auditors for timely completion of the audit and filing of the Data Collection Form. b. Implementation Date - Management expects to have this completed December 31, 2024. c. Persons Responsible for the Implementation - The Board of Trustees and the Town Supervisor.