FAC Explorer

Audit 363672

FY End
2024-12-31
Total Expended
$10.33M
Findings
4
Programs
3
Organization: City of Mt Pleasant (MI)
Year: 2024 Accepted: 2025-08-05
Auditor: Vredeveld Haefner LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
572514 2024-003 Material Weakness - I
572515 2024-003 Material Weakness - I
1148956 2024-003 Material Weakness - I
1148957 2024-003 Material Weakness - I

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $7.37M Yes 1
66.458 Clean Water State Revolving Fund $270,830 - 0
81.128 Energy Efficiency and Conservation Block Grant Program (eecbg) $80,000 - 0

Contacts

Name Title Type
JA14QYRJKY11 Lauren Pavlowski Auditee
9897795376 Douglas J Vredeveld Auditor
No contacts on file

Notes to SEFA

Title: Reconciliation of SEFA to financial statement revenues Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: n/a Federal revenue reported in the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balances $2,605,885; reported in Proprietary Funds Statement of Revenues, Expenditures and Changes in Net Position as contribution in aid of construction - Federal grants of $7,454,087; reported in the Proprietary Funds as increase in loans outstanding $270,830; totals $10,330,802 which agrees with expenditures reported on the SEFA .

Finding Details

Finding 2024-003
Condition and Criteria: The City does not have written policies and procedures regarding federal awards required by 2CFR 200. This includes procurement standards, including bidding procedures and review for vendor suspension and debarment. Cause: The City has had minimal federal grant funding in the past and has not implemented written federal grant policies and procedures as required by 2FCR 200. Effect: The City expended federal funds without implementing written federal grant policies and procedures, and did not follow the federal requirements for bidding and review for vendor suspension and debarment. Recommendation: The City should establish formal written federal grant policies and procedures. Management Response: Management will establish formal written policies and procedures as required by 2CFR 200.
Finding 2024-003
Condition and Criteria: The City does not have written policies and procedures regarding federal awards required by 2CFR 200. This includes procurement standards, including bidding procedures and review for vendor suspension and debarment. Cause: The City has had minimal federal grant funding in the past and has not implemented written federal grant policies and procedures as required by 2FCR 200. Effect: The City expended federal funds without implementing written federal grant policies and procedures, and did not follow the federal requirements for bidding and review for vendor suspension and debarment. Recommendation: The City should establish formal written federal grant policies and procedures. Management Response: Management will establish formal written policies and procedures as required by 2CFR 200.
Finding 2024-003
Condition and Criteria: The City does not have written policies and procedures regarding federal awards required by 2CFR 200. This includes procurement standards, including bidding procedures and review for vendor suspension and debarment. Cause: The City has had minimal federal grant funding in the past and has not implemented written federal grant policies and procedures as required by 2FCR 200. Effect: The City expended federal funds without implementing written federal grant policies and procedures, and did not follow the federal requirements for bidding and review for vendor suspension and debarment. Recommendation: The City should establish formal written federal grant policies and procedures. Management Response: Management will establish formal written policies and procedures as required by 2CFR 200.
Finding 2024-003
Condition and Criteria: The City does not have written policies and procedures regarding federal awards required by 2CFR 200. This includes procurement standards, including bidding procedures and review for vendor suspension and debarment. Cause: The City has had minimal federal grant funding in the past and has not implemented written federal grant policies and procedures as required by 2FCR 200. Effect: The City expended federal funds without implementing written federal grant policies and procedures, and did not follow the federal requirements for bidding and review for vendor suspension and debarment. Recommendation: The City should establish formal written federal grant policies and procedures. Management Response: Management will establish formal written policies and procedures as required by 2CFR 200.