FAC Explorer

Audit 381847

FY End
2025-03-31
Total Expended
$3.03M
Findings
3
Programs
1
Organization: Jacksonville Airport Authority (IL)
Year: 2025 Accepted: 2026-01-15
Auditor: ZUMBAHLEN EYTH SURRATT FOOTE & FLYNN LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1169094 2025-002 Material Weakness Yes P
1169095 2025-002 Material Weakness Yes P
1169096 2025-002 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
20.106 AIRPORT IMPROVEMENT PROGRAM, INFRASTRUCTURE INVESTMENT AND JOBS ACT PROGRAMS, AND COVID-19 AIRPORTS PROGRAMS $1.97M Yes 1

Contacts

Name Title Type
KKM4W6N1L5A4 Megan Davidson Auditee
2174911577 Adam Withee Auditor
No contacts on file

Notes to SEFA

FEDERAL REVENUES PER FINANCIAL STATEMENTS $3,028,849 EQUALS FEDERAL REVENUES PER SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS OF $3,028,849.
JACKSONVILLE AIRPORT AUTHORITY HAD NO FEDERAL INSURANCE IN EFFECT DURING THE YEAR ENDED MARCH 31, 2025.
JACKSONVILLE AIRPORT AUTHORITY HAD NO FEDERAL LOANS OR FEDERAL LOAN GUARANTEES OUTSTANDING AS OF MARCH 31, 2025.
JACKSONVILLE AIRPORT AUTHORITY PROVIDED NO FEDERAL AWARDS TO SUBRECIPIENTS.

Finding Details

Finding 2025-002
Finding Number 2023-003: Criteria or specific requirement: The accounting function should be controlled by a sufficient number of individuals in order to have adequate segregation of duties. Condition: The Authority's accounting function is controlled by a limited number of individuals resulting in inadequate segregation of duties. Context: The Authority's accounting function is mainly controlled by one bookkeeper. Effect: The limited number of personnel hinders the overall effectiveness of internal controls. Cause: The Authority is unable to hire an adequate number of staff to increase the effectiveness of internal controls. Recommendation: The Authority should segregate duties where possible. The Board should be aware of this problem and closely review and approve all financial related information. Management's Response: The Authority has reviewed and continues to review its financial policies and procedures to better segregate duties where possible. The Treasurer continually reminds the Board about their responsibility in regards to reviewing and approving financial items and asking questions. It is not cost-feasible to hire additional personnel.