Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.
Finding Type. Immaterial Noncompliance/Significant Deficiency in Internal Control over Compliance (Allowable Costs/Cost Principles). Program. Coronavirus State and Local Fiscal Recovery Funds; U.S. Department of Treasury; Assistance Listing Number 21.027; Award Number SLFRP0127. Criteria. Any non-Federal entity that does not have a current negotiated rate may elect to charge a de minimis rate of 10% of modified total direct costs ("MTDC"). Condition. The College does not have a negotiated rate, however, they used a rate other than the de minimis rate of 10% in their calculation of indirect costs. The College also did not use the MTDC for purposes of this calculation, but instead used the budgeted indirect cost total for the program. Cause. The College does not have a review process in place to ensure indirect costs charged to the grant are in accordance with the grant award letter. Effect. As a result of this condition, the College over-charged the grant by $21,765 during 2024. Questioned Costs. Questioned costs totaled $21,765 as a result of this finding. Recommendation. We recommend that the College implement a review process to ensure that the indirect costs charged to the grant are in accordance with the grant award letter. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.