FAC Explorer

Audit 377225

FY End
2025-06-30
Total Expended
$8.06M
Findings
1
Programs
7
Organization: South Central Kansas Economic Development District, Inc. (KS)
Year: 2025 Accepted: 2025-12-23
Auditor: REGIER CARR & MONROE LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1166225 2025-001 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $1.86M Yes 0
81.042 WEATHERIZATION ASSISTANCE FOR LOW-INCOME PERSONS $1.01M Yes 0
93.568 LOW-INCOME HOME ENERGY ASSISTANCE $570,014 Yes 0
10.767 INTERMEDIARY RELENDING PROGRAM $122,548 Yes 0
11.302 ECONOMIC DEVELOPMENT SUPPORT FOR PLANNING ORGANIZATIONS $70,000 Yes 0
59.046 MICROLOAN PROGRAM $59,795 Yes 1
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $14,384 Yes 0

Contacts

Name Title Type
VEMDKJ6MQFQ5 Bill Lampe Auditee
3162627035 Laura Lehmer Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of South Central Kansas Economic Development District, Inc. under programs of the federal government for the year ended June 30, 2025. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 South Central Kansas Economic Development District, Inc., it is not intended to and does not present the financial position, changes in net position, or cash flows of South Central Kansas Economic Development District, Inc.
Expenditures reported on the Schedule are reported on the 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.
South Central Kansas Economic Development District, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The following schedule summarizes the outstanding balance of direct loans as of June 30, 2025.

Finding Details

Finding 2025-001
U.S. Department of Treasury No. 59.046 – Microloan Program Grant Period Year Ended June 30, 2025 Criteria: Expenses were allocated outside of the approved grant budget. Condition and Context: While quarterly expense reimbursements were submitted timely, the entity did not allocate expenses within the parameters of the approved grant budget. Actual payroll related expenses were less than the approved budget due to staffing changes. Other expenses were over the approved budget. Variances were in excess of 10% of the approved budget expenses. SCKEDD did not obtain approval for a budget revision from the granting agency prior to requesting reimbursement. Effect: Expenses outside of the approved grant budget were submitted for reimbursement. Cause: Monitoring of expenses allocated for reimbursement was not implemented and routinely performed. Recommendation: Internal controls over monitoring of grant expenditures compared to the approved grant budget be established to ensure appropriate compliance with grant regulations. Management Response: Processes are being implemented to ensure appropriate compliance with grant regulations, see corrective action plan.