FAC Explorer

Audit 361133

FY End
2024-09-30
Total Expended
$3.95M
Findings
2
Programs
1
Organization: Harrison County Development Commission (MS)
Year: 2024 Accepted: 2025-07-01
Auditor: Alexander Van Loon Sloan Levens & Favre PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
569870 2024-001 - - I
1146312 2024-001 - - I

Programs

ALN Program Spent Major Findings
21.015 Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States $1.99M Yes 0

Contacts

Name Title Type
UBZLSG5DM4U3 Lori Frazier Auditee
2288965020 Kim Marmalich Auditor
No contacts on file

Notes to SEFA

Title: Note 3 - Basis of Presentation Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance. The cost principles are applied based on the period of expenditures. De Minimis Rate Used: N Rate Explanation: The Harrison County Development Commission has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Harrison County Development Commission under programs of the federal government for the year ended September 30, 2024 and is presented on the 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 Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Commission, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Harrison County Development Commission.
Title: Note 4 - Reconciliation of Grant Revenue Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance. The cost principles are applied based on the period of expenditures. De Minimis Rate Used: N Rate Explanation: The Harrison County Development Commission has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. The following reconciles the total expenditures of federal awards to grant revenue recognized in the statement of activities for the year ended September 30, 2024:

Finding Details

Finding 2024-001
Identification of the Federal Program - Assistance Listing Number 21.015 - Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE), United States Department of Treasury. Pass-Through Entity: Mississippi Department of Environmental Quality. Award Number: MDEQ -1900095. Criteria - Compliance requirements state that recipients must verify that a proposed contractor does not appear on the federal government's Excluded Parties List prior to executing an agreement or contract with that entity. Condition - Debarment and suspension status was not verfied prior to contracting with a vendor, in accordance with compliance requirements. Cause - The contract engineer was not aware that requirement applied to supply contracts. Effect - Potential material noncompliance with federal award compliance requirements. Questioned Costs - There are no questioned costs associated with finding. Context - The Commission has not had significant federal awards in recent years and has not had supply only contracts subject to federal compliance requirements. Historically, the Commission has had adequate internal controls over compliance of federal awards and has verfied suspension and debarment status of all other contracts. Subsequent inquiry determined the vendor was not suspended or debarred. Repeat Finding - This is not a repeat finding. Recommendation - The Commission should expand internal controls they have in place for procurement to include supply contracts funded with federal grants. View of Responsible Officials and Planned Corrective Actions - The Commission concurs with the finding and has provided a response in the Corrective Action Plan.
Finding 2024-001
Identification of the Federal Program - Assistance Listing Number 21.015 - Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE), United States Department of Treasury. Pass-Through Entity: Mississippi Department of Environmental Quality. Award Number: MDEQ -1900095. Criteria - Compliance requirements state that recipients must verify that a proposed contractor does not appear on the federal government's Excluded Parties List prior to executing an agreement or contract with that entity. Condition - Debarment and suspension status was not verfied prior to contracting with a vendor, in accordance with compliance requirements. Cause - The contract engineer was not aware that requirement applied to supply contracts. Effect - Potential material noncompliance with federal award compliance requirements. Questioned Costs - There are no questioned costs associated with finding. Context - The Commission has not had significant federal awards in recent years and has not had supply only contracts subject to federal compliance requirements. Historically, the Commission has had adequate internal controls over compliance of federal awards and has verfied suspension and debarment status of all other contracts. Subsequent inquiry determined the vendor was not suspended or debarred. Repeat Finding - This is not a repeat finding. Recommendation - The Commission should expand internal controls they have in place for procurement to include supply contracts funded with federal grants. View of Responsible Officials and Planned Corrective Actions - The Commission concurs with the finding and has provided a response in the Corrective Action Plan.