FAC Explorer

Audit 318008

FY End
2024-02-29
Total Expended
$939,752
Findings
2
Programs
2
Organization: Village of Baldwin (MI)
Year: 2024 Accepted: 2024-08-28
Auditor: Uhy LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
485250 2024-007 - - B
1061692 2024-007 - - B

Programs

ALN Program Spent Major Findings
20.205 Highway Planning and Construction $855,636 Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $84,116 - 0

Contacts

Name Title Type
VGJQHZLHCD58 Theresa Lamb Auditee
2317453587 Angela K. Kopriva Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: See Additional Notes tab for significant policies used in preparing the SEFA De Minimis Rate Used: N Rate Explanation: The Village did not charge any indirect costs The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Village of Baldwin (the "Village") for the year ended February 29, 2024. 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 Village, it is not intended to, and does not, present the financial position, changes in net position, or cash flows of the Village.
Title: Summary of Significant Accounting Policies Accounting Policies: See Additional Notes tab for significant policies used in preparing the SEFA De Minimis Rate Used: N Rate Explanation: The Village did not charge any indirect costs Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures reported on the schedule are recognized following the cost principles contained in Subpart E of the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. For purposes of charging indirect costs to federal awards, the Village has not elected to use the 10% de minimis cost rate. The Village does not pass through federal funds to sub recipients.
Title: Reconciliation of Revenues with Expenditures for Federal Financial Assistance Programs Accounting Policies: See Additional Notes tab for significant policies used in preparing the SEFA De Minimis Rate Used: N Rate Explanation: The Village did not charge any indirect costs See the Notes to the SEFA table instead

Finding Details

Finding 2024-007
2024-001 U.S. DEPARTMENT OF TRANSPORTATION Program Title: Highway Planning and Construction Assistance Listing Number: 20.205 Federal Award Number: N/A Federal Award Year: October 2021 to September 30, 2024 Pass-Through Entity: Michigan Department of Transportation Type of Compliance: Immaterial noncompliance Criteria: The Uniform Guidance requires a non-federal entity that has expended federal awards for a grant awarded to have written policies pertaining to allowability of costs, payments, and compensation charged to federal programs (§200.302(7)). Condition: A formal written policy covering allowable costs, conflict of interest and procurement has not been updated in accordance with the Uniform Guidance. Cause: This condition appears to be the result of a time lag in identifying the requirement and developing a plan for compliance. Effect: The lack of written policies could result in costs or transactions that would be nonallowable for a federal program. Questioned Costs: None Perspective Information: The finding appears to be an isolated instance. No sampling was necessary to determine this finding. Identification of Repeat Findings: None Recommendations: The Village Council should, as soon as possible, adopt written policies, as required by Uniform Guidance, for allowable costs, conflict of interest and procurement. Views of Responsible Officials: The Village does not believe that there were any actual nonallowable costs or transactions because of the lack of written policies as required by Uniform Guidance. However, corrective action will be done whereby the written policies will be prepared and adopted for the future.
Finding 2024-007
2024-001 U.S. DEPARTMENT OF TRANSPORTATION Program Title: Highway Planning and Construction Assistance Listing Number: 20.205 Federal Award Number: N/A Federal Award Year: October 2021 to September 30, 2024 Pass-Through Entity: Michigan Department of Transportation Type of Compliance: Immaterial noncompliance Criteria: The Uniform Guidance requires a non-federal entity that has expended federal awards for a grant awarded to have written policies pertaining to allowability of costs, payments, and compensation charged to federal programs (§200.302(7)). Condition: A formal written policy covering allowable costs, conflict of interest and procurement has not been updated in accordance with the Uniform Guidance. Cause: This condition appears to be the result of a time lag in identifying the requirement and developing a plan for compliance. Effect: The lack of written policies could result in costs or transactions that would be nonallowable for a federal program. Questioned Costs: None Perspective Information: The finding appears to be an isolated instance. No sampling was necessary to determine this finding. Identification of Repeat Findings: None Recommendations: The Village Council should, as soon as possible, adopt written policies, as required by Uniform Guidance, for allowable costs, conflict of interest and procurement. Views of Responsible Officials: The Village does not believe that there were any actual nonallowable costs or transactions because of the lack of written policies as required by Uniform Guidance. However, corrective action will be done whereby the written policies will be prepared and adopted for the future.