FAC Explorer

Audit 319547

FY End
2023-06-30
Total Expended
$3.46M
Findings
2
Programs
2
Organization: Town of Edinburg (VA)
Year: 2023 Accepted: 2024-09-13
Auditor: Brown Edwards & Company LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
496818 2023-003 - - I
1073260 2023-003 - - I

Programs

ALN Program Spent Major Findings
10.760 Water and Waste Disposal Systems for Rural Communities $2.98M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $481,474 - 0

Contacts

Name Title Type
F9LNP55NM8X9 Mandy Roberts Auditee
5409848521 Susan Chapman Auditor
No contacts on file

Notes to SEFA

Title: NOTE 3 - OUTSTANDING LOAN BALANCES: Accounting Policies: The accompanying schedule of federal expenditures includes the activity of all federally assisted programs of the Town of Edinburg, Virginia and is presented on the modified accrual basis of accounting, as described in Note 1 to the Town's basic financial statements. All federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included on this schedule. De Minimis Rate Used: N Rate Explanation: The Town did not elect to use the 10% de minimis indirect cost rate At June 30, 2023, the Town had amounts of $2,503,000 and $251,673 in outstanding water and waste disposal system loans from Rural Development

Finding Details

Finding 2023-003
Federal Procurement Policies Condition: There are no written procurement policies specific to the federal awards cost principle requirements under Uniform Grant Guidance. Existing procurement policies are minimal and do not meet federal requirements. Criteria: Federal award recipients must have written policies, procedures, and standards of conduct as required by 2 CFR 200, Subparts D and E. Cause: Certain required policies under 2 CFR 200, Subparts D and E are not present. Effect: Lack of required policies may create noncompliance with regulations as stated requirements may not be followed. Recommendation: Develop procurement policies and financial policies that meet federal standards. Views of Responsible Officials and Planned Corrective Action: The Treasurer has drafted a Procurement Policy for Council to review and approve for implementation.
Finding 2023-003
Federal Procurement Policies Condition: There are no written procurement policies specific to the federal awards cost principle requirements under Uniform Grant Guidance. Existing procurement policies are minimal and do not meet federal requirements. Criteria: Federal award recipients must have written policies, procedures, and standards of conduct as required by 2 CFR 200, Subparts D and E. Cause: Certain required policies under 2 CFR 200, Subparts D and E are not present. Effect: Lack of required policies may create noncompliance with regulations as stated requirements may not be followed. Recommendation: Develop procurement policies and financial policies that meet federal standards. Views of Responsible Officials and Planned Corrective Action: The Treasurer has drafted a Procurement Policy for Council to review and approve for implementation.