FAC Explorer

Audit 334982

FY End
2024-06-30
Total Expended
$9.64M
Findings
8
Programs
5
Organization: City of Belding (MI)
Year: 2024 Accepted: 2024-12-30
Auditor: Vredeveld Haefner LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
517104 2024-001 - - I
517105 2024-001 - Yes I
517106 2024-001 - Yes I
517107 2024-001 - Yes I
1093546 2024-001 - - I
1093547 2024-001 - Yes I
1093548 2024-001 - Yes I
1093549 2024-001 - Yes I

Programs

ALN Program Spent Major Findings
66.458 Clean Water State Revolving Fund $7.13M Yes 1
10.766 Community Facilities Loans and Grants $1.30M - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $149,669 Yes 1
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $118,500 - 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $2,793 - 0

Contacts

Name Title Type
GAUTK66SFSL3 Rebecca Schlienz Auditee
6167941900 Douglas J Vredeveld Auditor
No contacts on file

Notes to SEFA

Title: Reconciliation of SEFA to financial statement revenues Accounting Policies: With the exception of the USDA bonds expended in prior years, the Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting in governmental funds and the accrual basis of accounting in proprietary funds. The USDA community facilities bonds are required to be reported as expenditures until the bonds are repaid. De Minimis Rate Used: N Rate Explanation: n/a Federal revenue reported in proprietary funds non-operating $693,364; proprietary funds contributed capital $514,775; Federal portion of SRF Loan draws included in proprietary fund liabilities $7,132,241; outstanding USDA bonds expended in prior years $1,303,000; amounts total $9,643,380 which agrees to expenditures reported on the SEFA.

Finding Details

Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.
Finding 2024-001
Condition and Criteria: The City does not have written policies and procedures provide regarding Federal awards required by 2CFR200. Cause: The City had minimal Federal grant funding in the past and has not implemented written Federal grant policies and procedures as required by 2CFR200. Effect: The City expended Federal funds without implementing Federal grant policies and procedures. Recommendation: The City should establish formal wirtten Federal grant policies and procedures. Management Response: Management will establish formal written federal grant policies and procedures as required by 2CFR200.