Audit 318668

FY End
2023-12-31
Total Expended
$1.79M
Findings
6
Programs
2
Year: 2023 Accepted: 2024-09-06
Auditor: Eide Bailly LLP

Organization Exclusion Status:

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Findings

ID Ref Severity Repeat Requirement
485940 2023-002 Material Weakness - P
485941 2023-003 Significant Deficiency - ABH
485942 2023-004 Significant Deficiency - L
1062382 2023-002 Material Weakness - P
1062383 2023-003 Significant Deficiency - ABH
1062384 2023-004 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
97.039 Hazard Mitigation Grant $1.66M Yes 3
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $128,278 - 0

Contacts

Name Title Type
T2NSZJGHN7V3 Carmen Christensen Auditee
4026752185 Stacey Nelson Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. When applicable, 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10% de minimis cost rate. The schedule of expenditures of federal awards (the schedule) includes the federal award activity of Elkhorn Rural Public Power District (the District) under programs of the federal government for the year ended December 31, 2023. The information 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 District, it is not intended to and does not present the financial position, changes in net position, and cash flows of the District.
Title: Disaster Grants – Public Assistance Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. When applicable, 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10% de minimis cost rate. Per the OMB Compliance Supplement, nonfederal entities must record expenditures on the schedule of expenditures of federal awards when FEMA has approved the entity’s project worksheet. The expenditures included in the schedule were incurred in prior fiscal years. These expenditures were approved for payment by the federal agency in 2023 and therefore are included in the schedule when approved.

Finding Details

Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Preparation of the Schedule of Expenditures of Federal Awards Material Weakness in Internal Control over Compliance Criteria: Proper controls over financial reporting include a system designed to prepare the schedule of expenditures of federal awards (the schedule) and the accompanying notes to the schedule. Condition: The District does not have an internal control system designed to provide for a complete and accurate schedule of expenditures of federal awards being audited. As auditors, we were requested to assist with the preparation of the schedule. Cause: Auditor assistance with preparation of the schedule is not unusual as the schedule has unique and specialized requirements and preparation is only required when the District meets a specified threshold of federal expenditures. Effect: There is a reasonable possibility that the District would not be able to draft a complete and accurate schedule. Questioned Costs: None reported. Context/Sampling: Sampling was not used. Repeat Finding form Prior Year: No Recommendation: While we recognize that this condition is not unusual for an organization with limited staffing, it is important that the District is aware of this condition for financial reporting requirements relating to the District’s schedule and the internal controls that impact financial reporting. Views of Responsible Officials: Management agrees with the finding.
Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Activities Allowed or Unallowed, Allowable Costs/Cost Principles, Period of Performance Significant Deficiency in Internal Control over Compliance Criteria: 2 CFR 200.303(a) establishes that the auditee must establish and maintain effective internal control over the federal award that provides assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. Condition: There was one instance of an employee’s timesheet which did not have an independent review performed. Cause: The timesheet was reviewed and approved by the same employee who performed the work on the grant. The timesheet will get reviewed as a part of month end close, however, there is no documentation supporting a formally documented review or approval over payroll. Effect: The District’s control procedures did not detect or correct the error. Questioned Costs: No questioned costs over $25,000. Context/Sampling: Nonstatistical sampling was used. Sample size of 15 transactions which accounted for $2,196,234 out of $2,216,216 of federal program expenditures of which $1,662,162 was submitted for reimbursement. Repeat Finding form Prior Year: No Recommendation: We recommend the District review the employee timesheet approval process to ensure that all timesheets are obtaining an independent review and approval. Views of Responsible Officials: Management agrees with the finding.
Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Reporting Significant Deficiency in Internal Control over Compliance Criteria: 2 CFR 200.303(a) establishes that the auditee must establish and maintain effective internal control over the federal award that provides assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. Condition: Certain line items in the reports submitted for the quarters ended 6/30/2023 and 9/30/2023 contained costs from the incorrect period. Cause: The District utilized the “Job Analysis Report” and was unaware the report contained costs that were from the incorrect period. Effect: The District’s control process and procedures did not detect or correct the errors. Questioned Costs: No questioned costs over $25,000. Context/Sampling: Nonstatistical sampling was used. There were four quarterly reports submitted throughout the fiscal year. As such, two reports were selected for testing. Key line items were identified within the reports for testing. Repeat Finding form Prior Year: No Recommendation: We recommend the District review the process surrounding the data utilized to put together the quarterly reports submitted to ensure the correct amounts are used and are properly supported. Views of Responsible Officials: Management agrees with the finding.
Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Preparation of the Schedule of Expenditures of Federal Awards Material Weakness in Internal Control over Compliance Criteria: Proper controls over financial reporting include a system designed to prepare the schedule of expenditures of federal awards (the schedule) and the accompanying notes to the schedule. Condition: The District does not have an internal control system designed to provide for a complete and accurate schedule of expenditures of federal awards being audited. As auditors, we were requested to assist with the preparation of the schedule. Cause: Auditor assistance with preparation of the schedule is not unusual as the schedule has unique and specialized requirements and preparation is only required when the District meets a specified threshold of federal expenditures. Effect: There is a reasonable possibility that the District would not be able to draft a complete and accurate schedule. Questioned Costs: None reported. Context/Sampling: Sampling was not used. Repeat Finding form Prior Year: No Recommendation: While we recognize that this condition is not unusual for an organization with limited staffing, it is important that the District is aware of this condition for financial reporting requirements relating to the District’s schedule and the internal controls that impact financial reporting. Views of Responsible Officials: Management agrees with the finding.
Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Activities Allowed or Unallowed, Allowable Costs/Cost Principles, Period of Performance Significant Deficiency in Internal Control over Compliance Criteria: 2 CFR 200.303(a) establishes that the auditee must establish and maintain effective internal control over the federal award that provides assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. Condition: There was one instance of an employee’s timesheet which did not have an independent review performed. Cause: The timesheet was reviewed and approved by the same employee who performed the work on the grant. The timesheet will get reviewed as a part of month end close, however, there is no documentation supporting a formally documented review or approval over payroll. Effect: The District’s control procedures did not detect or correct the error. Questioned Costs: No questioned costs over $25,000. Context/Sampling: Nonstatistical sampling was used. Sample size of 15 transactions which accounted for $2,196,234 out of $2,216,216 of federal program expenditures of which $1,662,162 was submitted for reimbursement. Repeat Finding form Prior Year: No Recommendation: We recommend the District review the employee timesheet approval process to ensure that all timesheets are obtaining an independent review and approval. Views of Responsible Officials: Management agrees with the finding.
Department of Homeland Security, State of Nebraska Office of Emergency Management Agency, 97.039, DR‐4420‐NE‐0017 Hazard Mitigation Grant Program Reporting Significant Deficiency in Internal Control over Compliance Criteria: 2 CFR 200.303(a) establishes that the auditee must establish and maintain effective internal control over the federal award that provides assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. Condition: Certain line items in the reports submitted for the quarters ended 6/30/2023 and 9/30/2023 contained costs from the incorrect period. Cause: The District utilized the “Job Analysis Report” and was unaware the report contained costs that were from the incorrect period. Effect: The District’s control process and procedures did not detect or correct the errors. Questioned Costs: No questioned costs over $25,000. Context/Sampling: Nonstatistical sampling was used. There were four quarterly reports submitted throughout the fiscal year. As such, two reports were selected for testing. Key line items were identified within the reports for testing. Repeat Finding form Prior Year: No Recommendation: We recommend the District review the process surrounding the data utilized to put together the quarterly reports submitted to ensure the correct amounts are used and are properly supported. Views of Responsible Officials: Management agrees with the finding.