Audit 32984

FY End
2022-06-30
Total Expended
$14.78M
Findings
14
Programs
17
Year: 2022 Accepted: 2023-06-29

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
32515 2022-002 Material Weakness - P
32516 2022-002 Material Weakness - P
32517 2022-002 Material Weakness - P
32518 2022-002 Material Weakness - P
32519 2022-002 Material Weakness - P
32520 2022-002 Material Weakness - P
32521 2022-002 Material Weakness - P
608957 2022-002 Material Weakness - P
608958 2022-002 Material Weakness - P
608959 2022-002 Material Weakness - P
608960 2022-002 Material Weakness - P
608961 2022-002 Material Weakness - P
608962 2022-002 Material Weakness - P
608963 2022-002 Material Weakness - P

Contacts

Name Title Type
YM7NMR25BFT3 Geavelis Perez Ruiz Auditee
7878686400 Fernando E. Ortiz Ramos Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Expenditures are recognized when the related liability is incurred, following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Expenditures for the following programs are recognized based on other unique requirements: Section 8 Housing Choice Voucher Program (HCV). Expenditures are reported on a statutory basis as required by the U.S. Department of Housing and Urban Development. Such expenditures should equal the net ACC subsidy for the PHAs fiscal period. Public assistance grants (FEMA). Expenditures are recognized in the period when: (1) FEMA has approved the PW, and (2) eligible expenditures are incurred. Loans or loans guarantee programs. Expenditures equal the value of new loans made or received during the audit period plus the beginning of the audit period balance of outstanding loans from previous years for which the federal government imposes continuing compliance requirements. For loans with no imposed continuing compliance requirements, expenditures are recognized when the related costs financed with loan proceeds are incurred. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 1545909. COMMUNITY DISASTER LOANS (97.030) - Balances outstanding at the end of the audit period were 1000000.

Finding Details

Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.
Finding 2022-002: Late submission of single audit report package Federal Programs: All Federal Agencies in the SEFA Criteria Title 2, Subtitle A, Chapter II, Part 200 named ?Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards? Subpart F- Audit Requirements, under 200.512 ?Report Submission? states that the audit shall be completed and the Data Collection Form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted to the Federal Clearinghouse designated by OMB within the earlier of 30 calendar days after receipt of the auditor's reports, or nine months after the end of the audit period. Condition The Municipality did not submit the single audit report and reporting package for the year ended June 30, 2022, to the Federal Audit Clearinghouse during the required submission deadline period. Cause Financial information contained in the Governmental-Wide and Governmental Funds Financial Statements was not available before the reporting package submission deadline. The financial information was provided after March 31, 2023. Effect The Municipality may be subject to additional compliance requirements imposed by the federal government such as the preparation and monitoring of a detailed audit submission schedule when requesting new loans or grant awards. Questioned Costs None Identification of a repeat finding None Recommendation We recommend that the Municipality should start the process of compiling and preparing the financial information to complete the Governmental-Wide and Governmental Funds Financial Statements and the Schedule of Expenditures of Federal Awards with enough time to assure that such information is available for the audit process, before March 31, and to provide it with enough time so the audit process can be completed before such due date. View of Responsible Official and Planned Corrective Action Plan Management concurs with the finding. Refer to the corrective action plan section of this report for details. Responsible Person Geavelis Perez Ruiz Finance Director Note: Mrs. Geavelis Perez Ruiz started as Finance Director on June 9, 2023, the Finance Director during the Single Audit period was Mr. Noe A. Ramirez Laracuente.