FAC Explorer

Audit 354553

FY End
2024-09-30
Total Expended
$5.91M
Findings
0
Programs
15
Organization: Androscoggin Valley Council of Governments (ME)
Year: 2024 Accepted: 2025-04-24
Auditor: Rhr Smith and Company

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.507 Federal Transit_formula Grants $1.42M Yes 0
11.307 Economic Adjustment Assistance $971,217 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $634,675 Yes 0
21.031 Statesmall Business Credit Initiative Technical Assistance Grant Program $409,849 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $226,955 - 0
20.939 Safe Streets and Roads for All $157,366 - 0
15.654 Visitor Facility Enhancements - Refuges and Wildlife $142,480 - 0
11.302 Economic Development_support for Planning Organizations $73,831 - 0
10.767 Intermediary Relending Program $44,752 - 0
66.818 Brownfields Assessment and Cleanup Cooperative Agreements $40,273 Yes 0
10.762 Solid Waste Management Grants $33,707 - 0
10.870 Rural Microentrepreneur Assistance Program $24,586 - 0
20.205 Highway Planning and Construction $17,347 - 0
59.046 Microloan Program $5,516 - 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $2,500 - 0

Contacts

Name Title Type
JZCVHW31NQA6 Kim Bustamante Auditee
2077839186 Nichol Solomon Auditor
No contacts on file

Notes to SEFA

Title: Loan Programs Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting, which is consistent with the reporting in the financial statements. De Minimis Rate Used: N Rate Explanation: The Androscoggin Valley Council of Governments utilizes an indirect cost rate of 47.97% which is approved by Federal Transit Agency. The loan programs listed subsequently are administered directly by the Androscoggin Valley Council of Governments and balances and transactions relating to these programs are included in the Androscoggin Valley Council of Government’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at September 30, 2024 consist of: