FAC Explorer

Audit 387125

FY End
2024-12-31
Total Expended
$5.64M
Findings
11
Programs
2
Organization: Richland-Lexington Airport District (SC)
Year: 2024 Accepted: 2026-02-13
Auditor: SCOTT AND COMPANY LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1173424 2024-001 Material Weakness Yes P
1173425 2024-001 Material Weakness Yes P
1173426 2024-001 Material Weakness Yes P
1173427 2024-001 Material Weakness Yes P
1173428 2024-001 Material Weakness Yes P
1173429 2024-001 Material Weakness Yes P
1173430 2024-001 Material Weakness Yes P
1173431 2024-001 Material Weakness Yes P
1173432 2024-001 Material Weakness Yes P
1173433 2024-001 Material Weakness Yes P
1173434 2024-001 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
97.090 LAW ENFORCEMENT OFFICER REIMBURSEMENT AGREEMENT PROGRAM $61,440 Yes 1
20.106 AIRPORT IMPROVEMENT PROGRAM, INFRASTRUCTURE INVESTMENT AND JOBS ACT PROGRAMS, AND COVID-19 AIRPORTS PROGRAMS $1,498 Yes 1

Contacts

Name Title Type
JLWEL47TGMY4 Gregg Hornsby Auditee
8038225015 Michael Slapnik Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Passenger Facility Charges (PFC’s) has been prepared pursuant to the Passenger Facility Charge Audit Guide for Public Agencies issued by the Federal Aviation Administration. Specific provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”) and related documents such as OMB Compliance Supplement and Data Collection Form are not applicable to the PFC program. The financial activity shown in the Schedule of Passenger Facility Charges (PFC’s) and Expenses reflects amounts recorded by the District during its fiscal year January 1, 2024, through December 31, 2024.
Matching costs, i.e. the non-federal share of certain program costs, are not included in the accompanying schedule.
The District receives funds under various federal grant programs, and such awards are to be expended in accordance with the provisions of the various grants. Compliance with the grants is subject to audit by various government agencies which may impose sanctions in the event of non-compliance. Management believes that they have complied with all aspects of the various grant provisions and the results of adjustments, if any, relating to such audits would not have any material financial impact.

Finding Details

Finding 2024-001
Item 2024-001: Report Submission to the Federal Audit Clearinghouse (Other Matter Required to be Reported Under the Uniform Guidance) (Material Weakness) Criteria: 2 CFR §200.512(a)(1) requires a non-federal entity that expends federal awards of $750,000 or more in a fiscal year to submit a reporting package to the Federal Audit Clearinghouse (FAC) within the earlier of 30 calendar days after receiving the auditor's report or nine months after the end of the audit period. Condition: The District did not prepare and submit its Data Collection Form and Reporting Package for the year ended December 31, 2024 to the Federal Audit Clearinghouse by the due date of September 30, 2025. Cause: The District was without its Chief Executive Officer for most of the fiscal year 2025. The Chief Financial Officer was performing both duties and was not able to timely reconcile general ledger and produce the financial statements. Accordingly, the District’s general ledger for the year December 31, 2024 was not closed out in a timely manner. Effect: The District’s Data Collection Form and Reporting Package for the year ended December 31, 2024 was not prepared and submitted to the Federal Audit Clearinghouse by the due date. Recommendation: We recommend that management implement a formal timeline for all aspects of the single audit process to include developing a written plan with defined responsibilities and target dates for each task in the event of a key management personnel departure.