FAC Explorer

Audit 388777

FY End
2025-06-30
Total Expended
$1.64M
Findings
1
Programs
2
Organization: Town of Manteo (NC)
Year: 2025 Accepted: 2026-02-24
Auditor: THOMPSON PRICE SCOTT ADAMS & CO P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1175157 2025-001 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
66.458 CLEAN WATER STATE REVOLVING FUND $1.61M Yes 1
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $24,465 Yes 0

Contacts

Name Title Type
DL48U84HGCF5 Heather Doughtie Auditee
2524732133 Austin Eubanks Auditor
No contacts on file

Finding Details

Finding 2025-001
Capitalization Grants for Clean Water State Revolving SIGNIFICANT DEFICIENCY/NONCOMPLIANCE 2025 - 001 Cash Management Criteria: The Town did not adhere to the grant agreement cash management policy. Condition: The Town did not expend requisitioned funds within three business days following the receipt of the funds from the State. Effect: Monies receipted by the Town were not paid out in a timely manner and were not expended within three business days and could have been accruing interest from the bank. Cause: The Town did not have proper internal controls in place to safeguard against this type of policy. Identification of a repeat finding: This is not a repeat finding. Recommendation: The Town should implement internal controls to safeguard against these types of policies to ensure that they are not repeat or future findings. Views of responsible officials and planned corrective actions: The Town agrees to this recommendation and will implement proper controls immediately.