FAC Explorer

Audit 381227

FY End
2025-06-30
Total Expended
$8.08M
Findings
2
Programs
3
Organization: Scotland County Memorial Hospital District (MO)
Year: 2025 Accepted: 2026-01-13
Auditor: WIPFLI LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1168870 2025-004 Material Weakness Yes N
1168871 2025-004 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $7.28M Yes 1
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $478,190 Yes 0
93.301 SMALL RURAL HOSPITAL IMPROVEMENT GRANT PROGRAM $10,871 Yes 0

Contacts

Name Title Type
LB3GVNGADQN4 Meagan Weber Auditee
6604658511 Paul Traczek Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (“Schedule”) includes the federal award activity of Scotland County Memorial Hospital District (the “District”). 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 (the “Uniform Guidance”). Because the schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the District.
The District does not have any sub-recipients of federal awards.
The District has direct loans from the U.S. Department of Agriculture under the community facility loans and grants program. Amounts reported in the schedule of expenditures of federal awards are the balances at the beginnning of the year. Outstanding balance at June 30, 2025 were as follows: Loan Balance at beginning of year Balance at end of year 97-01 $586,111 $570,173 97-03 $6,896,738 $6,709,855

Finding Details

Finding 2025-004
Finding 2025-004 Repeat Finding: Yes Program Name: Community Facilities Loans and Grants Assistance Listing Number: 10.766 Federal Agency: U.S. Department of Agriculture Questioned Costs: N/A Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Special Tests and Provisions Condition: The District did not meet its financial covenants required under the program during the year. Criteria The District is required to meet certain financial covenants as described in Article VIII of the Hospital Revenue Bonds Series A loan documents dated October 25, 2012. Cause: The District has had significant financial challenges and turnover within its finance department. Effect: The District was not in compliance with the program. Recommendation: We recommend that management put a plan in place to become compliant with the financial covenants of the debt. Review of Responsible Officials: Managemet acknowledges they were not in compliance with the financial covenants of the bond. Management has been in contact USDA to keep them informed on the situation and has put plans into place to improve the financial position of the District.