FAC Explorer

Audit 354934

FY End
2021-06-30
Total Expended
$11.06M
Findings
8
Programs
3
Organization: City of Emmonak, Alaska (AK)
Year: 2021 Accepted: 2025-04-29
Auditor: Wilson & Wilson CPAS INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
558071 2021-002 - - L
558072 2021-001 - - L
558073 2021-001 - - L
558074 2021-001 - - L
1134513 2021-002 - - L
1134514 2021-001 - - L
1134515 2021-001 - - L
1134516 2021-001 - - L

Programs

ALN Program Spent Major Findings
20.933 National Infrastructure Investments $8.80M Yes 1
21.019 Coronavirus Relief Fund $304,836 Yes 1
15.226 Payments in Lieu of Taxes $129,559 - 0

Contacts

Name Title Type
YBAAK6L78XM9 Ross Waddell Auditee
9072223011 Rockne Wilson 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 and/or OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments . wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City of Emmonak has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of City of Emmonak under programs of the federal government for the year ended June 30, 2021. 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 City of Emmonak, it is not intended to and does not present the financial position, changes in net assets, or cash flows of City of Emmonak.
Title: Summary of Significant Accounting Policies 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 and/or OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments . wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City of Emmonak has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance. 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 and/or OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments . wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate 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 and/or OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments . wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City of Emmonak has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance. The City of Emmonak has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2021-002
U.S. Department of Transportation, National Infrastructure Investments – Assistance Listing No. 20.933; Grant period – Year ended June 30, 2021 Compliance Finding: The Finding 2021-001 also applies to this grant.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2021-002
U.S. Department of Transportation, National Infrastructure Investments – Assistance Listing No. 20.933; Grant period – Year ended June 30, 2021 Compliance Finding: The Finding 2021-001 also applies to this grant.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2021-001
U.S. Department of Treasury, Coronavirus Aid, Relief, and Economic Security Act – Assistance Listing No. 21.019; Grant period – Year ended June 30, 2021 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2021 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: Covid restrictions and quarantines prevented the audit from being accomplished within the proscribed timeframe. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2021 Emmonak City financial statements was initially due on March 31, 2022. This deadline was extended for an additional six months until September 30, 2021. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: Emmonak City should contract to have the audit of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.