FAC Explorer

Audit 383951

FY End
2024-12-31
Total Expended
$984,617
Findings
4
Programs
2
Organization: North Conway Water Precinct (NH)
Year: 2024 Accepted: 2026-01-27
Auditor: PLODZIK & SANDERSON P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1170753 2024-002 Material Weakness Yes ABCEFGHIJLMNP
1170754 2024-002 Material Weakness Yes ABCEFGHIJLMNP
1170755 2024-002 Material Weakness Yes ABCEFGHIJLMNP
1170756 2024-002 Material Weakness Yes ABCEFGHIJLMNP

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $749,145 Yes 1
66.458 CLEAN WATER STATE REVOLVING FUND $202,678 Yes 1

Contacts

Name Title Type
M944NQH3MPQ8 Molly Donley Auditee
6033565382 Michael Campo Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of the North Conway Water Precinct 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 Title 2 U.S. Code of Federal Regulations 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 the North Conway Water Precinct, it is not intended to and does not present the financial position, changes in net position, or cash flows of the North Conway Water Precinct.

Finding Details

Finding 2024-002
2024-002 Document Policies and Procedures over Federal Awards (Significant Deficiency) Cluster/Program: All Federal Programs Type of Finding: Compliance – Other Matters Internal Control over Compliance – Significant Deficiency Criteria or Specific Requirement: OMB’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UG) established significant requirements related to Federal awards. The requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial program management. Specifically, written policies are required for the following: • Determination of allowable costs • Employee travel • Cash Management • Procurement and Suspension and Debarment • Subrecipient monitoring and management. Condition: The Precinct has not formalized written policies and procedures related to Federal awards as required under Uniform Guidance. Cause: Weaknesses in the formal documentation of internal controls. Effect: There are no formal policies related to federal grant activity noted above. Questioned Costs: There are no questioned costs as a result of this finding as there are no costs directly associated with this compliance requirement. Identification as Repeat Finding: This is not a repeat finding. Recommendation: The Precinct should ensure that written policies and procedures are compiled and adopted as soon as practicable to ensure compliance with the Uniform Guidance. Views of Responsible Officials: Management’s views and corrective action plan is included at the end of this report.