Audit 345699

FY End
2024-06-30
Total Expended
$1.94M
Findings
6
Programs
3
Organization: Town of Oakland, MD (MD)
Year: 2024 Accepted: 2025-03-12

Organization Exclusion Status:

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Findings

ID Ref Severity Repeat Requirement
526686 2024-001 Significant Deficiency - AB
526687 2024-001 Significant Deficiency - AB
526688 2024-001 Significant Deficiency - AB
1103128 2024-001 Significant Deficiency - AB
1103129 2024-001 Significant Deficiency - AB
1103130 2024-001 Significant Deficiency - AB

Contacts

Name Title Type
YLK5JJJHP4W1 Valerie Stemac Auditee
3013342691 Stuart Stickel Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 – BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis and accrual basis of accounting as appropriate for the fund expending the federal award. 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 town has not elcted to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of The Town of Oakland, Maryland under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the provisions 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 Town, it is not intended to and does not present the financial position and changes in financial position of the Town in accordance with accounting principles generally accepted in the United States of America.
Title: NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis and accrual basis of accounting as appropriate for the fund expending the federal award. 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 town has not elcted to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. Expenditures reported on the Schedule are reported on the modified accrual basis and accrual basis of accounting as appropriate for the fund expending the federal award. 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: NOTE 3 – INDIRECT COST RATE Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis and accrual basis of accounting as appropriate for the fund expending the federal award. 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 town has not elcted to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. Per Uniform Guidance 2 CFR § 200.510(b)(6), auditees are required to disclose whether they elect to use the 10 percent de minimis cost rate that 2 CFR § 200.414(f) allows for nonfederal entities that have never received a negotiated cost rate. The Town has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.
Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.
Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.
Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.
Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.
Criteria: 2 CFR 200.303 requires that a non-federal entity must “(a) establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the comptroller General of the United States and the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). 2 CFR 200.403 requires that costs “be necessary and reasonable for the performance of the Federal award.” Costs should not consist of improper payments, including payments that were not eligible under the award document. Condition: The Town received a reimbursement for a cost from an award for “blighted property” that was not an eligible expense under the grant agreement. Cause: The Town’s controls related to allowable costs for individual grant agreements were not operating effectively. Effect or Potential Effect: Unallowable expenditures may have been paid with federal funds. Questioned Costs: $19,569 Context: Total federal expenditures for the Community Development Block Grants-State's Program and Non-Entitlement Grants in Hawaii were $1,450,668 for the fiscal year ended June 30, 2024. Identification of a Repeat Finding: This is not a repeat finding from the prior year. Recommendation: Officials should ensure that the control of personnel adequately reviewing award requirements before submitting for reimbursement of a particular cost is operating effectively. Furthermore, officials should consider a secondary review of reimbursement requests. Views of Responsible Officials: Management concurs with the finding and has developed a plan to correct the issue.