Audit 348261

FY End

2024-06-30

Total Expended

$2.50M

Findings

Programs

Organization: Town of Bridgewater (MA)

Year: 2024 Accepted: 2025-03-25

Auditor: Roselli Clark and Associates

Organization Exclusion Status:

Checking exclusion status...

Findings

ID	Ref	Severity	Repeat	Requirement
530150	2024-001	-	-	C
1106592	2024-001	-	-	C

Programs

ALN	Program	Spent	Major	Findings
15.608	Fish and Wildlife Management Assistance	$969,469	Yes	1
11.473	Office for Coastal Management	$780,712	Yes	0
97.044	Assistance to Firefighters Grant	$576,381	-	0
97.042	Emergency Management Performance Grants	$50,000	-	0
20.600	State and Community Highway Safety	$25,573	-	0
16.922	Equitable Sharing Program	$25,462	-	0
20.616	National Priority Safety Programs	$7,400	-	0
16.607	Bulletproof Vest Partnership Program	$6,521	-	0
97.032	Crisis Counseling	$4,356	-	0
93.044	Special Programs for the Aging, Title Iii, Part B, Grants for Supportive Services and Senior Centers	$2,985	-	0
16.738	Edward Byrne Memorial Justice Assistance Grant Program	$1,824	-	0
16.575	Crime Victim Assistance	$843	-	0

Contacts

Name	Title	Type
KWD4N5JF4M99	Laurie Guerrini	Auditee
5086591244	Paul Gargano	Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. The accompanying Schedule includes the federal grant transactions of the Town. Although some of these programs may be supplemented with state and other revenue, only federal activity is shown. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Town has elected not 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 Bridgewater, Massachusetts (the Town) 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 Town, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Town.

Finding Details

Finding 2024-001

2024-001 U.S. Department of the Interior Fish and Wildlife Management Assistance – ALN 15.608 Criteria: Per 2 CFR section 200.305(b), payment methods must minimize the time elapsing between the transfer of funds from the Federal agency or the pass-through entity and the disbursement of funds by the recipient or subrecipient regardless of whether the payment is made by electronic funds transfer or by other means. Condition: For six months during the fiscal year the Town maintained a surplus cash balance of over 50 percent of the amount drawn down and maintained a surplus cash balance of $580,531.07 at year-end. Cause: The Town is utilizing Federal, state and local funds for the same project and did not estimate its cash needs properly. Effect: The Town is not in compliance with Federal cash management requirements. Questioned Costs: None Repeat Finding from Prior Year: No. Recommendation: The Town should implement procedures to more accurately estimate its cash needs in order to minimize the time elapsing between receipt of grants funds and payment of the vendors. Views of Responsible Official: Management agrees with the finding.

Finding 2024-001