Audit 343442

FY End
2024-06-30
Total Expended
$1.05M
Findings
26
Programs
3
Organization: City of Newcastle (WY)
Year: 2024 Accepted: 2025-02-21

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
524254 2024-001 Material Weakness - L
524255 2024-001 Material Weakness - L
524256 2024-001 Material Weakness - L
524257 2024-001 Material Weakness - L
524258 2024-001 Material Weakness - L
524259 2024-004 Material Weakness - I
524260 2024-004 Material Weakness - I
524261 2024-004 Material Weakness - I
524262 2024-005 Significant Deficiency - ABI
524263 2024-005 Significant Deficiency - ABI
524264 2024-005 Significant Deficiency - ABI
524265 2024-005 Significant Deficiency - ABI
524266 2024-005 Significant Deficiency - ABI
1100696 2024-001 Material Weakness - L
1100697 2024-001 Material Weakness - L
1100698 2024-001 Material Weakness - L
1100699 2024-001 Material Weakness - L
1100700 2024-001 Material Weakness - L
1100701 2024-004 Material Weakness - I
1100702 2024-004 Material Weakness - I
1100703 2024-004 Material Weakness - I
1100704 2024-005 Significant Deficiency - ABI
1100705 2024-005 Significant Deficiency - ABI
1100706 2024-005 Significant Deficiency - ABI
1100707 2024-005 Significant Deficiency - ABI
1100708 2024-005 Significant Deficiency - ABI

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $418,702 Yes 3
66.468 Capitalization Grants for Drinking Water State Revolving Funds $75,228 - 2
20.205 Highway Planning and Construction $8,031 - 2

Contacts

Name Title Type
FBN9MR52TLH3 Stacy Haggerty Auditee
3077463535 Jeff Yennie Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation and Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City under programs of the federal government for the year ended June 30, 2024. The information in this City is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the City. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the City. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City under programs of the federal government for the year ended June 30, 2024. The information in this City is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the City. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The City has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-001: Preparation of Financial Statements and Schedule of Expenditures of Federal Awards Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None. Condition and Cause: As in prior years, we were requested to draft the audited financial statements and related footnote disclosures as part of our regular audit services. Additionally, we were requested to prepare the Schedule of Expenditures of Federal Awards (SEFA). Auditing standards require auditors to communicate this situation to the City Council as an internal control deficiency. Ultimately, it is management’s responsibility to provide for the preparation of the City’s statements and footnotes, and the responsibility of the auditor to determine the fairness and presentation of those statements. From a practical standpoint, we do both for the City at the same time in connection with our audit. This is not unusual for municipalities of your size. Criteria and Effect: It is our responsibility to inform the City Council that this deficiency could result in a material misstatement to the financial statements that would not have been prevented or detected by the City’s management. Repeat Finding from Prior Year: Yes, prior year finding #2023-001. Recommendation: We have instructed management to review a draft of the auditor prepared financials and SEFA in detail for their accuracy; we have answered any questions they might have and have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in the City’s financial statements and SEFA. We are satisfied that the appropriate steps have been taken to provide the City with the completed financial statements and SEFA. It is the responsibility of management and the City Council to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: See Corrective Action Plan
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-004: Procurement, Suspension, and Debarment Federal Program Affected: Coronavirus State and Local Fiscal Recovery Funds #21.027 Compliance Requirement: Procurement, Suspension, and Debarment Questioned Costs: None Condition and Cause: The City does not have a policy in place and is not obtaining price quotes from a reasonable number of sources for purchases greater than $10,000 but less than $35,000. Additionally, the City is not verifying vendors are not included on the suspended and debarred vendor list on www.sam.gov or other methods. Criteria and Effect: In accordance with Part 200, Subpart D of the Uniform Guidance, for purchases that exceed the micro-purchase amount ($10,000) but do not exceed the simplified acquisition threshold ($250,000), price or rate quotations must be obtained from an adequate number of qualified sources. The City’s internal policy is to obtain bids for purchases exceeding $35,000. Additionally, in accordance with Part 200, Subpart C of the Uniform Guidance, recipient and subrecipients of federal funds are prohibited from contracting with or making subawards to parties that are suspended or debarred. Without proper verification, the City may unknowingly contract with a suspended or debarred entity. Repeat Finding from Prior Year: No Recommendation: The City should implement policies and obtain quotes from a reasonable number of vendors prior to purchasing when the acquisition exceeds $10,000. The City should verify vendors are not suspended or debarred. One method of verification is searching www.sam.gov annually and retaining records to support the search was performed.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.
Finding No. 2024-005: Written Uniform Guidance Policies Federal Program Affected: All Compliance Requirement: Activities Allowed or Unallowed, Allowable Costs/Cost Principles, and Procurement and Suspension and Debarment Questioned Costs: None Condition and Cause: The City does not have formal written UG policies related to allowable cost/activities allowed, procurement, and suspension and debarment. Criteria and Effect: The Uniform Guidance specifically requires entities to maintain a written policy for allowable costs and procurement. Not properly maintaining such policies leads to noncompliance with the Uniform Guidance. Repeat Finding from Prior Year: No Recommendation: We recommend the City develop written policies in accordance with the Uniform Guidance.