Audit 389991

2021-003: Timeliness of Annual Audit Material Weakness U.S. Department of Treasury ALN #: 21.027 – American Rescue Plan Act (ARPA) Criteria: The Uniform Guidance Part 200.512(a)(1) states: “The audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period.” Condition: The City did not submit its data collection form and reporting package for the year ended December 31, 2020 timely. The form was due September 30, 2021 and was not submitted until July 19, 2024. Cause: The City did not close its accounting records timely in order to produce sufficient evidence for its financial and single audits to be conducted timely. The City’s financial statement audit was issued November 25, 2025. Effect: As a result of not submitting the Data Collection Form to the Federal Audit Clearinghouse within the required timeframe, the City is not in compliance with federal reporting requirements. This noncompliance may delay the availability of the City’s single audit information to federal agencies and the public, potentially affecting the City’s eligibility for future federal funding and increasing the risk of additional federal oversight or sanctions. Prior Year Finding: Yes, repeated from finding 2020-003. Recommendation: We recommend that management ensure documentation for the audit is readily available, reconciled and properly reviewed for accuracy and completion, to enable timely audit submission to the Federal Audit Clearinghouse and funding agencies. Views of responsible officials and Planned Corrective Action: See management’s corrective action plan.