FAC Explorer

Audit 366112

FY End
2023-09-30
Total Expended
$1.77M
Findings
2
Programs
1
Organization: Shoshone County Fire District No. 1 (ID)
Year: 2023 Accepted: 2025-09-11
Auditor: Magnuson McHugh Dougherty CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
576198 2023-002 - - P
1152640 2023-002 - - P

Programs

ALN Program Spent Major Findings
10.766 Community Facilities Loans and Grants $1.77M Yes 1

Contacts

Name Title Type
NAPYBLUPU8U3 Dennis O'Brien Auditee
2087521101 Korby Baker Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the schedule are reported on the modified accrual basis of accounting. 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. The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of the Shoshone County Fire District No. 1 under programs of the federal government for the year ended September 30, 2023. 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 Shoshone County Fire District No. 1, it is not intended to and does not present the financial position, changes in net position, or cash flows of Shoshone County Fire District No. 1.
Title: Loan Programs With Continuing Compliance Requirements Accounting Policies: Expenditures reported on the schedule are reported on the modified accrual basis of accounting. 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. The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The federal loan programs listed subsequently are administered directly by the Government, and balances and transactions relating to these programs are included in the District’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The ending balance of loans outstanding at September 30, 2023 was $1,733,897.

Finding Details

Finding 2023-002
Section III - Findings and Questioned Costs – Major Federal Award Programs Audit We noted an instance of noncompliance relating to the Federal Awards Programs, which is required to be reported in accordance with generally accepted Government Auditing Standards. 2023-002 Criteria: CFR Section 200.512(a) requires the data collection form and Single Audit reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Condition: The audit package and data collection form for the year ended September 30, 2023, was not submitted within the required time frame as described in 2 CFR Section 200.512(a). Cause: The Uniform Guidance audit procedures were not complete as of June 30, 2024. Effect: The Organization is not in compliance with the provisions of 2 CFR Section 200.512(a) for the year ended September 30, 2023. Recommendation: The Organization should submit the Data Collection Form and reporting package to the Federal Audit Clearinghouse within thirty business days of the issuance of the audit reports required under the Uniform Guidance. Views of the Responsible Officials and Planned Corrective Actions: The Organization concurs with the finding. The Data Collection Form and reporting package will be submitted to the Federal Audit Clearinghouse within thirty business days of the issuance of the audit reports required under the Uniform Guidance. See the corrective action plan on page 45.
Finding 2023-002
Section III - Findings and Questioned Costs – Major Federal Award Programs Audit We noted an instance of noncompliance relating to the Federal Awards Programs, which is required to be reported in accordance with generally accepted Government Auditing Standards. 2023-002 Criteria: CFR Section 200.512(a) requires the data collection form and Single Audit reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Condition: The audit package and data collection form for the year ended September 30, 2023, was not submitted within the required time frame as described in 2 CFR Section 200.512(a). Cause: The Uniform Guidance audit procedures were not complete as of June 30, 2024. Effect: The Organization is not in compliance with the provisions of 2 CFR Section 200.512(a) for the year ended September 30, 2023. Recommendation: The Organization should submit the Data Collection Form and reporting package to the Federal Audit Clearinghouse within thirty business days of the issuance of the audit reports required under the Uniform Guidance. Views of the Responsible Officials and Planned Corrective Actions: The Organization concurs with the finding. The Data Collection Form and reporting package will be submitted to the Federal Audit Clearinghouse within thirty business days of the issuance of the audit reports required under the Uniform Guidance. See the corrective action plan on page 45.