FAC Explorer

Audit 37635

FY End
2022-06-30
Total Expended
$2.11M
Findings
4
Programs
9
Organization: City and Borough of Wrangell, Alaska (AK)
Year: 2022 Accepted: 2023-08-06
Auditor: Bdo USA P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
41438 2022-004 Significant Deficiency - P
41439 2022-004 Significant Deficiency - P
617880 2022-004 Significant Deficiency - P
617881 2022-004 Significant Deficiency - P

Programs

ALN Program Spent Major Findings
10.665 Schools and Roads - Grants to States $1.35M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $349,064 Yes 1
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $161,548 - 0
21.019 Coronavirus Relief Fund $79,988 - 0
20.224 Federal Lands Access Program $68,246 - 0
11.022 Bipartisan Budget Act of 2018 $46,276 - 0
97.067 Homeland Security Grant Program $37,588 - 0
45.311 Native American and Native Hawaiian Library Services $10,000 - 0
45.310 Grants to States $5,916 - 0

Contacts

Name Title Type
EKXKZEKSQCN1 Mason Villarma Auditee
9078742381 Joy Merriner Auditor
No contacts on file

Notes to SEFA

Title: National Forest Receipts Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federalaward activity of City and Borough of Wrangell, Alaska under programs of the federal governmentfor the year ended June 30, 2022. The information in the Schedule is presented in accordance withthe requirements of Title 2 U.S Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).Because the Schedule presents only a selected portion of the operations of City and Borough ofWrangell, Alaska, it is not intended to and does not present the financial position, changes in netposition, or cash flows of City and Borough of Wrangell, Alaska. 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.Negative amounts shown on the Schedule represent adjustments or credits made in the normalcourse of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. In accordance with the provisions of GASB Statement Number 33, National Forest Receipts are recordeddirectly to revenue and any unspent amounts are reported as restricted fund balance. The unspentbalance reported in the Secure Rural Schools Special Revenue Fund includes interest earnings as wellas unspent grant proceeds. At June 30, 2022, there were no unspent interest earnings and unspentgrant funds were $2,260,980.

Finding Details

Finding 2022-004
Finding 2022-004 Deadline for Federal Single Audit - Noncompliance and Internal Control Over Compliance ? Significant Deficiency Agency United States Department of Agriculture ALN 10.665 21.027 Program Name Schools and Roads Grants to States Coronavirus State and Local Fiscal Recovery Funds Award Year FY 2022 Criteria or Specific Requirement The Borough is required to submit the single audit report and Form SF-SAC within nine months of the fiscal year end. Condition The Form SF-SAC for the fiscal year ended June 30, 2022 was not filed on time. Cause The audit was not completed in time to file the form, due to a delay in closing the books and records. Effect or Potential Effect The Schedule of Expenditures of Federal Awards were not available in a timely manner in order to allow for timely submission of Form SF-SAC. Questioned costs None Context The Form SF-SAC is due nine months after the fiscal year end. The form for the fiscal year ended June 30, 2022 was filed late. Identification as a repeat finding No Recommendation We recommend the Form SF-SAC is filed timely in the future. Views of Responsible Officials Management concurs with this finding. Management will ensure Beginning balance reconciliations and year-end adjustments will be complete by September 5th, and will work with external auditors to have a financial statement draft prior to their fieldwork.
Finding 2022-004
Finding 2022-004 Deadline for Federal Single Audit - Noncompliance and Internal Control Over Compliance ? Significant Deficiency Agency United States Department of Agriculture ALN 10.665 21.027 Program Name Schools and Roads Grants to States Coronavirus State and Local Fiscal Recovery Funds Award Year FY 2022 Criteria or Specific Requirement The Borough is required to submit the single audit report and Form SF-SAC within nine months of the fiscal year end. Condition The Form SF-SAC for the fiscal year ended June 30, 2022 was not filed on time. Cause The audit was not completed in time to file the form, due to a delay in closing the books and records. Effect or Potential Effect The Schedule of Expenditures of Federal Awards were not available in a timely manner in order to allow for timely submission of Form SF-SAC. Questioned costs None Context The Form SF-SAC is due nine months after the fiscal year end. The form for the fiscal year ended June 30, 2022 was filed late. Identification as a repeat finding No Recommendation We recommend the Form SF-SAC is filed timely in the future. Views of Responsible Officials Management concurs with this finding. Management will ensure Beginning balance reconciliations and year-end adjustments will be complete by September 5th, and will work with external auditors to have a financial statement draft prior to their fieldwork.
Finding 2022-004
Finding 2022-004 Deadline for Federal Single Audit - Noncompliance and Internal Control Over Compliance ? Significant Deficiency Agency United States Department of Agriculture ALN 10.665 21.027 Program Name Schools and Roads Grants to States Coronavirus State and Local Fiscal Recovery Funds Award Year FY 2022 Criteria or Specific Requirement The Borough is required to submit the single audit report and Form SF-SAC within nine months of the fiscal year end. Condition The Form SF-SAC for the fiscal year ended June 30, 2022 was not filed on time. Cause The audit was not completed in time to file the form, due to a delay in closing the books and records. Effect or Potential Effect The Schedule of Expenditures of Federal Awards were not available in a timely manner in order to allow for timely submission of Form SF-SAC. Questioned costs None Context The Form SF-SAC is due nine months after the fiscal year end. The form for the fiscal year ended June 30, 2022 was filed late. Identification as a repeat finding No Recommendation We recommend the Form SF-SAC is filed timely in the future. Views of Responsible Officials Management concurs with this finding. Management will ensure Beginning balance reconciliations and year-end adjustments will be complete by September 5th, and will work with external auditors to have a financial statement draft prior to their fieldwork.
Finding 2022-004
Finding 2022-004 Deadline for Federal Single Audit - Noncompliance and Internal Control Over Compliance ? Significant Deficiency Agency United States Department of Agriculture ALN 10.665 21.027 Program Name Schools and Roads Grants to States Coronavirus State and Local Fiscal Recovery Funds Award Year FY 2022 Criteria or Specific Requirement The Borough is required to submit the single audit report and Form SF-SAC within nine months of the fiscal year end. Condition The Form SF-SAC for the fiscal year ended June 30, 2022 was not filed on time. Cause The audit was not completed in time to file the form, due to a delay in closing the books and records. Effect or Potential Effect The Schedule of Expenditures of Federal Awards were not available in a timely manner in order to allow for timely submission of Form SF-SAC. Questioned costs None Context The Form SF-SAC is due nine months after the fiscal year end. The form for the fiscal year ended June 30, 2022 was filed late. Identification as a repeat finding No Recommendation We recommend the Form SF-SAC is filed timely in the future. Views of Responsible Officials Management concurs with this finding. Management will ensure Beginning balance reconciliations and year-end adjustments will be complete by September 5th, and will work with external auditors to have a financial statement draft prior to their fieldwork.