Audit 372311

2024-001 Audit Report Deadline (Repeated 2023-001) CFDA Title: Coronavirus State and Local Fiscal Recovery Funds CFDA Number: 21.027 Federal Agency: Department of the Treasury Pass-through Entity: State of Montana Department of Natural Resources Condition: Montana local governments with a June 30th fiscal year end must submit their audit report to the MT Department of Administration and the Federal Clearing house by March 31st, following the fiscal year end. The City audit was not completed until April 2025. Context: Per review of the audit compliance requirements for both the State of Montana and the Federal government. Criteria: The audit for the fiscal year ended June 30, 2024, was due to the State and the Federal government by March 31, 2025 as required by MT Administrative Rules 2.4.411 and the Federal Uniform Guidance/A-133 rules. Effect: The City is late in completing the audit for fiscal year 2024. Cause: The City was required to engage a new auditor for fiscal year 2024; however, the contract with the new auditor was not finalized until the end of July 2025. As a result, there was insufficient time to adequately plan and complete the audit by the required deadline. Recommendation: We recommend the City complete their annual audits in compliance with MT Administrative Rules 2.4.411 and federal rules described in the Uniform Guidance/A-133.