FAC Explorer

Audit 384938

FY End
2024-12-31
Total Expended
$1.45M
Findings
3
Programs
4
Organization: City of Gloversville, New York (NY)
Year: 2024 Accepted: 2026-02-02
Auditor: BST & CO CPAS LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1171897 2024-002 Material Weakness Yes L
1171898 2024-003 Material Weakness Yes L
1171899 2024-003 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
20.205 HIGHWAY PLANNING AND CONSTRUCTION $1.18M Yes 2
20.509 FORMULA GRANTS FOR RURAL AREAS AND TRIBAL TRANSIT PROGRAM $204,743 Yes 1
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $52,421 Yes 0
66.818 BROWNFIELDS MULTIPURPOSE, ASSESSMENT, REVOLVING LOAN FUND, AND CLEANUP COOPERATIVE AGREEMENTS $7,578 Yes 0

Contacts

Name Title Type
HN4RDH2VCQL6 Tammie Weiterschan Auditee
5187734536 Brendan Kennedy Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the City of Gloversville, New York (City) 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 the Comptroller General of the United States and the audit 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). The purpose of the Schedule is to present a summary of those activities of the City funded by the federal government or pass-through entities for the year ended December 31, 2024, using the accrual basis of accounting. For purposes of this Schedule, federal awards include assistance provided by a federal agency directly or indirectly in the form of grants, contracts, cooperative agreements, loans and loan guarantees, and other noncash assistance. Negative amounts, if any, on the Schedule represent adjustments or credits made to prior-year expenditures in the normal course of business.
Federal award revenues are reported in the City’s financial statements as federal aid. The City’s government-wide financial statements are presented using the accrual basis. The Schedule presents only a selected portion of the activities of the City. It is not intended to, and does not, present the financial position, statement of activities, or other changes in net assets of the City.
Expenditures for direct and indirect costs are recognized as incurred using the accrual method of accounting and in accordance with Office of Management and Budget Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, and the Uniform Guidance. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
Matching costs represent the City’s share of certain program costs and are not included in the Schedule.
There were no federal awards expended in the form of noncash assistance by the City during the year ended December 31, 2024.
The City did not participate in any federal insurance programs during the year ended December 31, 2024.
The City has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-002
Criteria or specific requirement (including statutory, regulatory, or other citation): In accordance with 2 CFR 200.512, the City is required to complete and submit the data collection form within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition and context: The City did not obtain an independent audit within the required period for submission. Cause: Lack of internal controls to ensure that an independent audit was completed timely. Effect or potential effect: The City did not comply with the requirements of 2 CFR 200.512. Identification as a repeat finding, if applicable: This is a repeat finding from the prior year. Recommendation: The City should develop a course of action to ensure that future single audit reports are completed and submitted to the Federal Audit Clearinghouse in accordance with the requirements of 2 CFR 200.512. Views of responsible officials: As noted in the corrective action plan, management agrees with this finding.
Finding 2024-003
Criteria or specific requirement (including statutory, regulatory, or other citation): The City must prepare a SEFA that is accurate and complete in accordance with 2 CFR 200.510. Condition and context: The City did not prepare a SEFA that was accurate and complete in accordance with Uniform Guidance, as two programs were reported at incorrect amounts. Cause: Lack of internal controls to ensure accurate preparation and review of the SEFA. Effect or potential effect: The SEFA required significant adjustment to be complete and accurate. Recommendation: The City should implement policies and procedures to ensure timely and accurate preparation of the SEFA. Views of responsible officials: As noted in the corrective action plan, management agrees with this finding.