FAC Explorer

Audit 390656

FY End
2022-06-30
Total Expended
$15.89M
Findings
2
Programs
4
Organization: City of Emmonak, Alaska (AK)
Year: 2022 Accepted: 2026-03-06
Auditor: WILSON & WILSON CPAS INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1176730 2022-001 Material Weakness Yes L
1176731 2022-002 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
20.933 NATIONAL INFRASTRUCTURE INVESTMENTS $13.98M Yes 1
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.36M Yes 1
90.100 DENALI COMMISSION PROGRAM $409,390 Yes 0
15.226 PAYMENTS IN LIEU OF TAXES $136,626 Yes 0

Contacts

Name Title Type
YBAAK6L78XM9 Ross Waddell Auditee
9072223011 Rockne Wilson Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of City of Emmonak under programs of the federal government for the year ended June 30, 2021. 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 City of Emmonak, it is not intended to and does not present the financial position, changes in net assets, or cash flows of City of Emmonak.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments . wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The City of Emmonak has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
U.S. Department of Transportation, National Infrastructure Investments – Assistance Listing No. 20.933; Grant period – Year ended June 30, 2022 Condition: The City of Emmonak audited financial statement for the year ended June 30, 2022 was not submitted timely to the Federal Clearing House. Criteria: Uniform Guidance requires that organizations submit their audited financial statements to the Federal Clearing House within a nine-month period after the end of the organization’s fiscal year end. Cause: COVID restrictions and quarantines created significant delays in the prior audit periods' financial statement preparation and completion, thus delaying the current audit period from being started. Effect: Subsequent grant monies are being withheld until the audit is completed and successfully submitted. Context: The audit of the June 30, 2022 the City of Emmonak's financial statements was initially due on March 31, 2023. This deadline was extended for an additional six months until September 30, 2023. The financial statements were submitted to Federal Clearing House after acceptance from the City of Emmonak. Recommendation: The City of Emmonak should contract to have the remaining delinquent audits completed and future audits of the financial statements performed within the prescribed deadlines. Views of Responsible Official and Planned Corrective Actions: The City of Emmonak agrees with the finding and is in the process of engaging with the current auditors for subsequent delinquent audits.
Finding 2022-002
U.S. Department of Treasury, Coronavirus State & Local Fiscal Recovery Fund – Assistance Listing No. 21.027; Grant period – Year ended June 30, 2022 Compliance Finding: The Finding 2022-001 also applies to this grant.