FAC Explorer

Audit 326654

FY End
2022-06-30
Total Expended
$1.25M
Findings
0
Programs
1
Organization: Town of Lucama, North Lucama (NC)
Year: 2022 Accepted: 2024-10-30
Auditor: Nunn Brashear & Uzzell P A

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
66.468 Drinking Water State Revolving Fund $1.25M Yes 0

Contacts

Name Title Type
VEU4FKWBEBC9 Dena Owens Auditee
2522390560 Danna Layne, CPA Auditor
No contacts on file

Notes to SEFA

Title: Basis Presentation Accounting Policies: See tab De Minimis Rate Used: N Rate Explanation: See tab SEFSA includes grant activity for year ended June 30, 2022. Presented in accordance with Uniform Guidance and State Single Audit Act. Only presents selected portion of Town, not intended to present the financial position, change in net position or cash flows.
Title: Summary of Significant Accounting Policies: See tab De Minimis Rate Used: N Rate Explanation: See tab Expenditures are on the modified accrual basis of accounting.
Title: Indirect Cost Rate Accounting Policies: See tab De Minimis Rate Used: N Rate Explanation: See tab Town elected not to use the 10% minimis cost rate.