FAC Explorer

Audit 323531

FY End
2022-12-31
Total Expended
$7.30M
Findings
2
Programs
2
Organization: Village of Winnetka (IL)
Year: 2022 Accepted: 2024-10-01
Auditor: Lauterbach & Amen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
501251 2022-001 Significant Deficiency - L
1077693 2022-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $7.23M Yes 1
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $71,403 - 0

Contacts

Name Title Type
LHWNA62MWU87 Tim Sloth Auditee
8475016000 Don Shaw Auditor
No contacts on file

Notes to SEFA

Title: NOTE 4 – SUBRECIPIENT RELATIONSHIPS Accounting Policies: NOTE 1 – BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the Village 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 Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. 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. NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures Expenditures reported on the Schedule are reported on the accrual basis of accounting. Pass-Through Entities Pass-through entity identifying numbers are presented on the Schedule where available. De Minimis Rate Used: Y Rate Explanation: The Village has selected to use the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414. The Village did not remit any funds to subrecipients.

Finding Details

Finding 2022-001
Finding 2022 – 001: Data Collection Form Submission Condition: The FY2022 data collection form and audit package were not submitted timely. Criteria: As required by the Office of Management and Budget, auditees are required to submit a completed data collection form and audit package to the Federal Audit Clearinghouse on or before the earlier of 30 days after receipt of the auditor's report or nine months after the end of the audit period. During 2022, this requirement was due on September 30, 2023. Cause: The lack of meeting the applicable reporting requirements was largely due to issues associated with determination of federal funding expenditures on projects. Effect: The Village is at risk of jeopardizing the continued funding provided by the federal agencies. Recommendation: We recommend the Village implement policies and procedures related to the Uniform Guidance reporting requirements. Corrective Action Plan: The Finance Director, along with staff, will review all Grant Agreements to determine the type of funding and evaluate the reporting requirements of all grants.
Finding 2022-001
Finding 2022 – 001: Data Collection Form Submission Condition: The FY2022 data collection form and audit package were not submitted timely. Criteria: As required by the Office of Management and Budget, auditees are required to submit a completed data collection form and audit package to the Federal Audit Clearinghouse on or before the earlier of 30 days after receipt of the auditor's report or nine months after the end of the audit period. During 2022, this requirement was due on September 30, 2023. Cause: The lack of meeting the applicable reporting requirements was largely due to issues associated with determination of federal funding expenditures on projects. Effect: The Village is at risk of jeopardizing the continued funding provided by the federal agencies. Recommendation: We recommend the Village implement policies and procedures related to the Uniform Guidance reporting requirements. Corrective Action Plan: The Finance Director, along with staff, will review all Grant Agreements to determine the type of funding and evaluate the reporting requirements of all grants.