FAC Explorer

Audit 363814

FY End
2024-06-30
Total Expended
$8.93M
Findings
2
Programs
15
Organization: City of Marshalltown (IA)
Year: 2024 Accepted: 2025-08-06
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
572971 2024-002 Material Weakness - L
1149413 2024-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
11.307 Economic Adjustment Assistance $763,843 - 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $312,986 - 0
14.900 Lead Hazard Reduction Grant Program $146,782 - 0
20.106 Airport Improvement Program, Infrastructure Investment and Jobs Act Programs, and Covid-19 Airports Programs $128,174 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $89,419 Yes 0
66.818 Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements $82,512 - 0
97.039 Hazard Mitigation Grant $74,982 - 0
16.710 Public Safety Partnership and Community Policing Grants $71,784 - 0
14.871 Section 8 Housing Choice Vouchers $66,400 Yes 0
16.588 Violence Against Women Formula Grants $41,674 - 0
16.738 Edward Byrne Memorial Justice Assistance Grant Program $13,476 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $7,681 - 0
16.607 Bulletproof Vest Partnership Program $3,443 - 0
20.600 State and Community Highway Safety $3,117 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $1,259 Yes 0

Contacts

Name Title Type
PL3MLMD6SSM7 Diana Steiner Auditee
6417545760 Brian Unsen Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the schedule of expenditures of federal awards are recognized on the modified accrual basis, except for subrecipient expenditures, which are recorded on the cash basis. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10% de minimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal award activity of the City of Marshalltown, Iowa under programs of the federal government for the year ended June 30, 2024. The information 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 City, it is not intended to and does not present the financial position, changes in net position or fund balance, or cash flows of the City.

Finding Details

Finding 2024-002
U.S. Department of Housing and Urban Development Section 8 Housing Choice Vouchers 14.871 – IA125V08001 for FY24 Housing Voucher Cluster Reporting Material Weakness in Internal Control Over Compliance and Material Noncompliance Criteria – Per 2 CFR 200.303, the non-Federal entity must establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. This includes internal controls over maintaining records of the preparer and approver of required reports. Condition – We identified three (3) instances in which the City did not use accurate financial information or retain evidence to document the individual who reviewed the Voucher Management System (VMS) reports prior to submission. Cause – The City’s internal controls did not include separate management review of the VMS reports prior to submission. Effect – Ineffective controls over this area of compliance could result in reports that are inaccurate or incomplete being submitted to the granting agency. Questioned Costs – None reported. Context – The population consists of twelve (12) monthly VMS reports. The sample consisted of three (3) monthly VMS reports. Repeat Finding From Prior Years – No. Recommendation – We recommend that the City revise its procedures to include evidence to document the individual who reviewed required reports prior to submission. Views of Responsible Officials – We agree with the auditor’s recommendation.
Finding 2024-002
U.S. Department of Housing and Urban Development Section 8 Housing Choice Vouchers 14.871 – IA125V08001 for FY24 Housing Voucher Cluster Reporting Material Weakness in Internal Control Over Compliance and Material Noncompliance Criteria – Per 2 CFR 200.303, the non-Federal entity must establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. This includes internal controls over maintaining records of the preparer and approver of required reports. Condition – We identified three (3) instances in which the City did not use accurate financial information or retain evidence to document the individual who reviewed the Voucher Management System (VMS) reports prior to submission. Cause – The City’s internal controls did not include separate management review of the VMS reports prior to submission. Effect – Ineffective controls over this area of compliance could result in reports that are inaccurate or incomplete being submitted to the granting agency. Questioned Costs – None reported. Context – The population consists of twelve (12) monthly VMS reports. The sample consisted of three (3) monthly VMS reports. Repeat Finding From Prior Years – No. Recommendation – We recommend that the City revise its procedures to include evidence to document the individual who reviewed required reports prior to submission. Views of Responsible Officials – We agree with the auditor’s recommendation.