Audit 343709

FY End
2024-09-30
Total Expended
$4.03M
Findings
0
Programs
1
Year: 2024 Accepted: 2025-02-25
Auditor: Wessel & Company

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
66.468 Capitalization Grants for Drinking Water State Revolving Funds $4.03M Yes 0

Contacts

Name Title Type
WKHRCMKMJRE7 Tiffany Goodrich Auditee
8142663146 Michael Lamb Auditor
No contacts on file

Notes to SEFA

Title: Maor Program Determinaton Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Highland Sewer and Water Authority and is presented on the accrual basis of accounting. 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. De Minimis Rate Used: N Rate Explanation: The Authority did not elect to use the ten percent (10%) de minimis indirect cost rate. The major federal award program selected for testing as determined by the auditors on a risk-based approach as follows: DWSRF Cluster - AL#66.468 with expenditures of $4,025,560. Total federal awards selected for testing (A) - $4,025,560. Total federal program awards (B) - $4,025,560. Percentage of total federal expenditures tested (A/B) 100%. Percentage of total federal expenditures required to be tested - 40.00%