FAC Explorer

Audit 351770

FY End
2024-06-30
Total Expended
$1.87M
Findings
4
Programs
3
Organization: Town of St. Francisville (LA)
Year: 2024 Accepted: 2025-03-31
Auditor: Eisneramper

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
547605 2024-005 Material Weakness - P
547606 2024-006 Material Weakness - I
1124047 2024-005 Material Weakness - P
1124048 2024-006 Material Weakness - I

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.86M Yes 2
15.904 Historic Preservation Fund Grants-in-Aid $8,426 - 0
16.738 Edward Byrne Memorial Justice Assistance Grant Program $3,062 - 0

Contacts

Name Title Type
GSSVQC4L3FU3 Andrew J. D'aquilla Auditee
2256353688 Thomas Naquin Auditor
No contacts on file

Notes to SEFA

Title: Note A - Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Town of St. Francisville, Louisiana and is presented on the modified 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 Requirments, Cost Principles, and Audit Requiremnents for Federal Awards (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operation of the Town of St. Francisville, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Town of St. Francisville. De Minimis Rate Used: N Rate Explanation: The Town used direct costs for all federal awards expended. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Town of St. Francisville, Louisiana and is presented on the modified 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 Requirments, Cost Principles, and Audit Requiremnents for Federal Awards (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operation of the Town of St. Francisville, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Town of St. Francisville.
Title: Note B - Reconciliation of Federal Revenues to Federal Expenditures Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Town of St. Francisville, Louisiana and is presented on the modified 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 Requirments, Cost Principles, and Audit Requiremnents for Federal Awards (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operation of the Town of St. Francisville, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Town of St. Francisville. De Minimis Rate Used: N Rate Explanation: The Town used direct costs for all federal awards expended. The federal revenues are recognized in the financial statements as follows: Intergovernmental: Federal $1,866,790 Federal expenditures per Schedule of Expenditures of Federal Awards $1,866,790
Title: Note C - Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Town of St. Francisville, Louisiana and is presented on the modified 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 Requirments, Cost Principles, and Audit Requiremnents for Federal Awards (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operation of the Town of St. Francisville, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Town of St. Francisville. De Minimis Rate Used: N Rate Explanation: The Town used direct costs for all federal awards expended. The Town of St. Francisville has not elected to use the 10 percent deminimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2024-005
Schedule of Expenditures of Federal Awards "SEFA" Criteria: Internal controls should be designed to capture the Town’s federal expenditures in order to ensure that an accurate Schedule of Expenditures of Federal Awards (“SEFA”) can be prepared. Condition: Uniform Guidance section 200.510 requires the auditee to prepare a SEFA. A complete and accurate SEFA was not provided to us. Cause: The records were not maintained in a manner which allowed the SEFA to be prepared in an efficient manner to ensure accuracy and completeness. Questioned Costs: None. Effect: The SEFA is used by the auditor to determine which federal programs are to be audited as major programs and to accurately report expenditures to the federal government and granting agencies. Major programs may not be properly identified in accordance with the Uniform Guidance. Recommendation: Additional resources should be employed to ensure timely and accurate completion of the SEFA, and all information should be included on the SEFA by employees familiar with the grant awards. The general ledger should be categorized by federal programs/program year in order to capture the correct expenditures by programs. A review should be performed by someone other than the preparer for accuracy and completeness. Identification of a repeat finding: N/A View of Responsible Official: Management concurs with the finding.
Finding 2024-006
Enhancement of Policies and Procedures for Federal Awards Criteria: The Uniform Guidance administrative requirements and cost principles apply to federal funding awards on or after December 26, 2014. 2 CFR 200, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles of the Uniform Guidance require specific written policies and internal controls relative to federal awards. Written policies should be in place to establish operational parameters to ensure compliance with regulations. Condition: The written policies and procedures of the Town do not directly address all the requirements under the Uniform Guidance for federal programs as it relates to procurement, suspension and debarment. Cause: The Town has not taken appropriate steps to formalize policies and procedures relating to the requirements established under Uniform Guidance for compliance with and procurement, suspension and debarment. Questioned Costs: None. Effect: The Town is susceptible to a higher risk of non-compliance with federal awarding requirements as they relate to procurement, suspension and debarment. Recommendation: The Town must establish written policies and procedures to ensure compliance with Uniform Guidance relating to procurement and suspension and debarment. Identification of a repeat finding: N/A View of Responsible Official: Management concurs with the finding.
Finding 2024-005
Schedule of Expenditures of Federal Awards "SEFA" Criteria: Internal controls should be designed to capture the Town’s federal expenditures in order to ensure that an accurate Schedule of Expenditures of Federal Awards (“SEFA”) can be prepared. Condition: Uniform Guidance section 200.510 requires the auditee to prepare a SEFA. A complete and accurate SEFA was not provided to us. Cause: The records were not maintained in a manner which allowed the SEFA to be prepared in an efficient manner to ensure accuracy and completeness. Questioned Costs: None. Effect: The SEFA is used by the auditor to determine which federal programs are to be audited as major programs and to accurately report expenditures to the federal government and granting agencies. Major programs may not be properly identified in accordance with the Uniform Guidance. Recommendation: Additional resources should be employed to ensure timely and accurate completion of the SEFA, and all information should be included on the SEFA by employees familiar with the grant awards. The general ledger should be categorized by federal programs/program year in order to capture the correct expenditures by programs. A review should be performed by someone other than the preparer for accuracy and completeness. Identification of a repeat finding: N/A View of Responsible Official: Management concurs with the finding.
Finding 2024-006
Enhancement of Policies and Procedures for Federal Awards Criteria: The Uniform Guidance administrative requirements and cost principles apply to federal funding awards on or after December 26, 2014. 2 CFR 200, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles of the Uniform Guidance require specific written policies and internal controls relative to federal awards. Written policies should be in place to establish operational parameters to ensure compliance with regulations. Condition: The written policies and procedures of the Town do not directly address all the requirements under the Uniform Guidance for federal programs as it relates to procurement, suspension and debarment. Cause: The Town has not taken appropriate steps to formalize policies and procedures relating to the requirements established under Uniform Guidance for compliance with and procurement, suspension and debarment. Questioned Costs: None. Effect: The Town is susceptible to a higher risk of non-compliance with federal awarding requirements as they relate to procurement, suspension and debarment. Recommendation: The Town must establish written policies and procedures to ensure compliance with Uniform Guidance relating to procurement and suspension and debarment. Identification of a repeat finding: N/A View of Responsible Official: Management concurs with the finding.