FAC Explorer

Audit 393871

FY End
2025-06-30
Total Expended
$9.85M
Findings
1
Programs
2
Organization: Ruby Valley Hospital District Dba Ruby Valley Medical Center (MT)
Year: 2025 Accepted: 2026-03-24
Auditor: WIPFLI LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1182463 2025-002 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $9.84M Yes 1
93.301 SMALL RURAL HOSPITAL IMPROVEMENT GRANT PROGRAM $8,780 Yes 0

Contacts

Name Title Type
U5TEVN3D76U1 Jim Gillhouse Auditee
4068425453 Wes Thew Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal award activity of Ruby Valley Hospital District dba Ruby Valley Medical Center. The information in this schedule is presented in accordance with requirements of the 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 the District, it is not intended to and does not present the financial position, changes in net position or cash flows of the District.
The District does not have any sub-recipients of federal or state awards.
The District has an outstanding loan with USDA as of June 30, 2025, with a balance of $9,382,819. The loan balance outstanding at July 1, 2024 was included on the federal expenditures presented in the Schedule.

Finding Details

Finding 2025-002
Finding: 2025-002 Program Name/CFDA Title: Community Facilities Loans and Grants Federal Assistance Listing Number: 10.766 Federal Agency: U.S. Department of Agriculture Rural Development Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Special Tests and Provisions Condition: The District did not meet its special tests and provisions obligations under the grant during the year. During the audit, it was determined that the District did not adequately fund the reserve accounts as specified in loan resolutions. Criteria: The District is required to fund the reserve account in accordance with the terms of the loan. Cause: Funds were not transferred to the reserve account. Effect: The District was not in compliance with the USDA loans and grants. Recommendation: We recommend management review the terms of the USDA loan agreements and identify the required reserve account types, minimum balances, and funding schedules in accordance with the loan agreements. View of Responsible The District will work to establish and renew policies and procedure to ensure adequate Officials: funding is reserved for debt service during the year and at fiscal year end.