FAC Explorer

Audit 316835

FY End
2022-12-31
Total Expended
$946,052
Findings
2
Programs
3
Organization: Mobridge Housing and Redevelopment Commission (SD)
Year: 2022 Accepted: 2024-08-07
Auditor: Wohlenberg Ritzman & CO LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
480641 2022-002 Significant Deficiency - L
1057083 2022-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $623,198 Yes 1
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $283,374 - 0
14.896 Family Self-Sufficiency Program $39,480 - 0

Contacts

Name Title Type
NQF9FUHVJ9A6 Renee Harris Auditee
6058452560 Jessica Gadeken Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of Expenditures of federal awards (the "Schedule") includes the federal award activity of the Commission under programs of the federal government 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 the Commission, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Commission. Expenditures reported on the Schedule are reported on the accrual basis of accounting. 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 Commission has elected to not use the 10-percent de minimis indirect cost rate as allowed under Uniform Guidance.

Finding Details

Finding 2022-002
Finding 2022-002 – Reporting – Compliance Significant Deficiency Condition: The Commission did not complete and submit their audit to the Federal Audit Clearinghouse by the due date of September 30, 2023. This affects all federal programs. Questions Costs: None. Criteria: 2 CFR §200.512 of the Uniform Guidance requires an entity expending more than $750,000 of federal funds in a fiscal year to submit a data collection form by a due date that is the earlier of 30 calendar day after receipt of the auditor’s report(s) or nine months after the end of the audit period. Cause: The Commission had difficulties in securing an audit firm to conduct an audit of the Commission’s 2022 calendar year. Effect: Late filing of the data collection form results in noncompliance with requirements of Uniform Guidance which could lead to sanctions by funding agencies. Recommendation: We recommend the Commission become familiar with reporting requirements for each award and implement procedures to begin audit preparation work earlier in the fiscal year to ensure reports are filed within the nine-month reporting deadline set forth by Uniform Guidance. Views of Responsible Officials: Please refer to the Corrective Action Plan for management’s views and planned corrective action.
Finding 2022-002
Finding 2022-002 – Reporting – Compliance Significant Deficiency Condition: The Commission did not complete and submit their audit to the Federal Audit Clearinghouse by the due date of September 30, 2023. This affects all federal programs. Questions Costs: None. Criteria: 2 CFR §200.512 of the Uniform Guidance requires an entity expending more than $750,000 of federal funds in a fiscal year to submit a data collection form by a due date that is the earlier of 30 calendar day after receipt of the auditor’s report(s) or nine months after the end of the audit period. Cause: The Commission had difficulties in securing an audit firm to conduct an audit of the Commission’s 2022 calendar year. Effect: Late filing of the data collection form results in noncompliance with requirements of Uniform Guidance which could lead to sanctions by funding agencies. Recommendation: We recommend the Commission become familiar with reporting requirements for each award and implement procedures to begin audit preparation work earlier in the fiscal year to ensure reports are filed within the nine-month reporting deadline set forth by Uniform Guidance. Views of Responsible Officials: Please refer to the Corrective Action Plan for management’s views and planned corrective action.