Audit 348357

FY End

2024-06-30

Total Expended

$3.09M

Findings

4

Programs

5

Organization: City of Carthage, Missouri (MO)

Year: 2024 Accepted: 2025-03-26

Auditor: Kpm CPAS PC

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
530273	2024-001	Significant Deficiency	-	L
530274	2024-001	Significant Deficiency	-	L
1106715	2024-001	Significant Deficiency	-	L
1106716	2024-001	Significant Deficiency	-	L

ALN	Program	Spent	Major	Findings
21.027	Coronavirus State and Local Fiscal Recovery Funds	$1.50M	Yes	1
20.939	Safe Streets and Roads for All	$162,232	-	0
20.526	Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs	$63,932	-	0
97.042	Emergency Management Performance Grants	$32,288	-	0
20.205	Highway Planning and Construction	$13,418	-	0

Contacts

Name	Title	Type
ZDYZNNKUKHH9	Traci Cox	Auditee
4172377000	Rebecca Baker	Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: 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 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 City of Carthage, Missouri, 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 of Carthage, Missouri, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Carthage, Missouri.

Title: Noncash Assistance Accounting Policies: 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 elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Noncash equipment received and expended through the Buses and Facilities Formula, Competitive, and Low or No Emissions Programs was valued based on actual cash expended by the pass-through grantor.

Finding Details

Finding 2024-001

Program: COVID-19 - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Compliance and Significant Deficiency Federal Agency: U.S. Department of the Treasury 2024-001 Reporting Criteria: Program requirements state that recipients must submit a Project and Expenditure Report on an annual basis which should include projects, obligations and expenditures for the reporting period. Condition: The City's 2024 annual Project and Expenditure Report was submitted timely, however the report did not provide accurate information as the City reported no expenditures when there were expenditures incurred during the reporting period. Context: The City did not report any expenditures on the annual report, however there were expenditures that occurred during the reporting period. Effect: The City did not report accurate information in the Project and Expenditure Report. Cause: The City did not have adequate controls or procedures in place to identify the applicable reporting requirement and ensure the information was filed accurately. Questioned Costs: N/A Identification as a Repeat Finding: N/A Recommendation: We recommend management implement policies and procedures to ensure required reports are completed accurately as required by the grant agreement and Uniform Guidance. View of Responsible Officials: We agree with the finding. Upon discovering the issue, we attempted to report accurate information on expenditures and obligations; however, the reporting window was not open for us to make corrections. We recognize the importance of maintaining accurate and timely reporting and are committed to strengthening our internal controls to prevent similar issues in the future. We will report all expenditures and obligations through the Treasury's Reporting Portal for the report due April 30, 2025, to ensure compliance with reporting requirements.

Finding 2024-001

Program: COVID-19 - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Compliance and Significant Deficiency Federal Agency: U.S. Department of the Treasury 2024-001 Reporting Criteria: Program requirements state that recipients must submit a Project and Expenditure Report on an annual basis which should include projects, obligations and expenditures for the reporting period. Condition: The City's 2024 annual Project and Expenditure Report was submitted timely, however the report did not provide accurate information as the City reported no expenditures when there were expenditures incurred during the reporting period. Context: The City did not report any expenditures on the annual report, however there were expenditures that occurred during the reporting period. Effect: The City did not report accurate information in the Project and Expenditure Report. Cause: The City did not have adequate controls or procedures in place to identify the applicable reporting requirement and ensure the information was filed accurately. Questioned Costs: N/A Identification as a Repeat Finding: N/A Recommendation: We recommend management implement policies and procedures to ensure required reports are completed accurately as required by the grant agreement and Uniform Guidance. View of Responsible Officials: We agree with the finding. Upon discovering the issue, we attempted to report accurate information on expenditures and obligations; however, the reporting window was not open for us to make corrections. We recognize the importance of maintaining accurate and timely reporting and are committed to strengthening our internal controls to prevent similar issues in the future. We will report all expenditures and obligations through the Treasury's Reporting Portal for the report due April 30, 2025, to ensure compliance with reporting requirements.

Finding 2024-001

Program: COVID-19 - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Compliance and Significant Deficiency Federal Agency: U.S. Department of the Treasury 2024-001 Reporting Criteria: Program requirements state that recipients must submit a Project and Expenditure Report on an annual basis which should include projects, obligations and expenditures for the reporting period. Condition: The City's 2024 annual Project and Expenditure Report was submitted timely, however the report did not provide accurate information as the City reported no expenditures when there were expenditures incurred during the reporting period. Context: The City did not report any expenditures on the annual report, however there were expenditures that occurred during the reporting period. Effect: The City did not report accurate information in the Project and Expenditure Report. Cause: The City did not have adequate controls or procedures in place to identify the applicable reporting requirement and ensure the information was filed accurately. Questioned Costs: N/A Identification as a Repeat Finding: N/A Recommendation: We recommend management implement policies and procedures to ensure required reports are completed accurately as required by the grant agreement and Uniform Guidance. View of Responsible Officials: We agree with the finding. Upon discovering the issue, we attempted to report accurate information on expenditures and obligations; however, the reporting window was not open for us to make corrections. We recognize the importance of maintaining accurate and timely reporting and are committed to strengthening our internal controls to prevent similar issues in the future. We will report all expenditures and obligations through the Treasury's Reporting Portal for the report due April 30, 2025, to ensure compliance with reporting requirements.

Finding 2024-001

Program: COVID-19 - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Compliance and Significant Deficiency Federal Agency: U.S. Department of the Treasury 2024-001 Reporting Criteria: Program requirements state that recipients must submit a Project and Expenditure Report on an annual basis which should include projects, obligations and expenditures for the reporting period. Condition: The City's 2024 annual Project and Expenditure Report was submitted timely, however the report did not provide accurate information as the City reported no expenditures when there were expenditures incurred during the reporting period. Context: The City did not report any expenditures on the annual report, however there were expenditures that occurred during the reporting period. Effect: The City did not report accurate information in the Project and Expenditure Report. Cause: The City did not have adequate controls or procedures in place to identify the applicable reporting requirement and ensure the information was filed accurately. Questioned Costs: N/A Identification as a Repeat Finding: N/A Recommendation: We recommend management implement policies and procedures to ensure required reports are completed accurately as required by the grant agreement and Uniform Guidance. View of Responsible Officials: We agree with the finding. Upon discovering the issue, we attempted to report accurate information on expenditures and obligations; however, the reporting window was not open for us to make corrections. We recognize the importance of maintaining accurate and timely reporting and are committed to strengthening our internal controls to prevent similar issues in the future. We will report all expenditures and obligations through the Treasury's Reporting Portal for the report due April 30, 2025, to ensure compliance with reporting requirements.