Audit 356504

FY End

2023-12-31

Total Expended

$900,000

Findings

2

Programs

1

Organization: Town of Hammond (NY)

Year: 2023 Accepted: 2025-05-16

Auditor: Grossman St Amour CPAS

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
560586	2023-001	-	Yes	P
1137028	2023-001	-	Yes	P

ALN	Program	Spent	Major	Findings
10.766	Community Facilities Loans and Grants	$900,000	Yes	1

Contacts

Name	Title	Type
GXP6DCMLRLM8	Ron Bertram	Auditee
3153245321	Michael Lisson	Auditor
No contacts on file

Notes to SEFA

Title: Community Facilities Loans and Grants Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) presents the activity of federal award programs administered by the Town of Hammond, which is described in Note 1 to the Town’s’s accompanying financial statements. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. CFDA numbers and pass-through numbers are provided, when available. De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports used as the source for the data provided. The Town of Hammond has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Matching costs (the Towns’s share of certain program costs) are not included in the reported federal expenditures. The Town was awarded a loan not to exceed $900,000 pertaining to its municipal building capital project. This loan is administered by the United States Department of Agriculture (USDA) Rural Housing Service, and Community Facilities Programs. This loan has continuing compliance requirements that the Village must comply with in accordance with the terms and conditions of such loan. Since the loan has continuing compliance requirements, the value of new loans made or received during the fiscal period plus the beginning of the audit period balance of loans from previous years is required to be reported on the SEFA. The Town is required to submit annual financial statement audits by the end of September each year to the Federal Audit Clearinghouse. The Town was not in compliance with such requirement. The Town paid additional principal on the USDA loan of $151,000 in fiscal year 2023, as such, the outstanding loan as of December 31, 2023 was $749,000.

Finding Details

Finding 2023-001

Condition: The Town met the requirements for a Single Audit and is required to submit its annual audited financial statements and single audit reporting requirements within 9 months of the Town's fiscal year end. The Town did not complete and submit its single audit by September 30, 2024. Criteria: The requirement in 2 CFR 200.512(a)(1) states that single audits are due to the Federal Audit Clearinghouse within the earlier of 30 days after receipt of the auditor’s report or 9 months from the Town's fiscal year end. This reporting package, is required to be submitted electronically and includes the financial statements and a supplementary schedule of expenditures of federal awards, auditor’s reports, a summary schedule of prior audit findings and a corrective action plan, if necessary. Cause: The delay in the timely submission of the audited financial statements and single audit reporting requirements was primarily due to a combination of factors impacting the ability to complete the necessary procedures within the required timeframe.

Finding 2023-001

Condition: The Town met the requirements for a Single Audit and is required to submit its annual audited financial statements and single audit reporting requirements within 9 months of the Town's fiscal year end. The Town did not complete and submit its single audit by September 30, 2024. Criteria: The requirement in 2 CFR 200.512(a)(1) states that single audits are due to the Federal Audit Clearinghouse within the earlier of 30 days after receipt of the auditor’s report or 9 months from the Town's fiscal year end. This reporting package, is required to be submitted electronically and includes the financial statements and a supplementary schedule of expenditures of federal awards, auditor’s reports, a summary schedule of prior audit findings and a corrective action plan, if necessary. Cause: The delay in the timely submission of the audited financial statements and single audit reporting requirements was primarily due to a combination of factors impacting the ability to complete the necessary procedures within the required timeframe.