FAC Explorer

Audit 372565

FY End
2024-12-31
Total Expended
$2.15M
Findings
2
Programs
7
Organization: City of Saratoga Springs, New York (NY)
Year: 2024 Accepted: 2025-11-25
Auditor: BST & CO CPAS LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1162969 2024-004 Material Weakness Yes P
1162970 2024-003 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
97.083 STAFFING FOR ADEQUATE FIRE AND EMERGENCY RESPONSE (SAFER) $1.31M Yes 1
20.600 STATE AND COMMUNITY HIGHWAY SAFETY $379,201 Yes 1
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $155,425 Yes 0
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $143,435 Yes 0
97.041 NATIONAL DAM SAFETY PROGRAM $131,659 Yes 0
16.607 BULLETPROOF VEST PARTNERSHIP PROGRAM $15,942 Yes 0
15.904 HISTORIC PRESERVATION FUND GRANTS-IN-AID $14,060 Yes 0

Contacts

Name Title Type
CR2DD5UWCSJ3 Deana Bizzarro Auditee
5185800781 Jonathan Gibbs Auditor
No contacts on file

Notes to SEFA

a. Basis of Presentation The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the City of Saratoga Springs, New York (City) under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of the Comptroller General of the United States and the audit 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). The purpose of the Schedule is to present a summary of those activities of the City funded by the federal government or pass-through entities for the year ended December 31, 2024, using the accrual basis of accounting. For purposes of this Schedule, federal awards include assistance provided by a federal agency, directly or indirectly, in the form of grants, contracts, cooperative agreements, loans and loan guarantees, and other noncash assistance. Negative amounts, if any, on the Schedule represent adjustments or credits made to prior-year expenditures in the normal course of business. b. Relationship to Financial Statements Federal award revenues are reported in the City’s financial statements as federal aid. The City’s government-wide financial statements are presented using the accrual basis. The Schedule presents only a selected portion of the activities of the City. It is not intended to, and does not, present the financial position, statement of activities, or other changes in net assets of the City. c. Direct and Indirect Costs Expenditures for direct and indirect costs are recognized as incurred using the accrual method of accounting and in accordance with Office of Management and Budget Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, and the Uniform Guidance. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement. d. Matching Costs Matching costs represent the City’s share of certain program costs and are not included in the Schedule.
There were no federal awards expended in the form of noncash assistance by the City during the year ended December 31, 2024.
The City participates in the Community Development Revolving Loan Program and had $142,000 in economic development and rehabilitation loans to recipients outstanding at December 31, 2024.
The City did not participate in any federal insurance programs during the year ended December 31, 2024.
The City has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-004
2024-004. Schedule of Expenditures of Federal Awards Criteria or specific requirement (including statutory, regulatory, or other citation): It is the responsibility of City management to design and implement internal controls that provide reasonable assurance over the accuracy of the schedule of expenditures of federal awards (SEFA). Condition and context: During the course of the City’s audit as of and for the year ended December 31, 2024, it was determined that federal expenditures related to the United States Department of Highway Planning and Construction, as passed through the State of New York, were incorrectly reported on the original SEFA provided by management to begin the audit. Cause: Internal controls not operating as designed, whereby the City was unable to ensure that the SEFA was accurate. Effect or potential effect: As a result of the error, material modifications were required to the SEFA prior to the issuance of the City’s single audit report. Questioned costs: None. Identification as a repeat finding, if applicable: Not applicable. Recommendation: Policies and procedures should be implemented by City management to verify the accuracy of the SEFA. Views of responsible officials: As detailed in the Corrective Action Plan, management has agreed to the findings and recommendations noted above.
Finding 2024-003
2024-003. Single Audit Report Submission Criteria or specific requirement (including statutory, regulatory, or other citation): In accordance with 2 CFR 200.412, the City is required to complete and submit the data collection form within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition and context: The City did not obtain an independent audit within the required period for submission. Cause: Lack of internal controls to ensure that an independent audit was completed timely. Effect or potential effect: The City did not comply with requirements of 2 CFR 200.512. Questioned costs: None. Identification as a repeat finding, if applicable: Repeat finding of 2023-002. Recommendation: The City should develop a course of action to ensure that future single audit reports are completed and submitted to the Federal Audit Clearinghouse in accordance with the requirements of 2 CFR 200.512. Views of responsible officials: As detailed in the Corrective Action Plan, management has agreed to the findings and recommendations noted above.