FAC Explorer

Audit 396850

FY End
2025-06-30
Total Expended
$1.44M
Findings
1
Programs
4
Organization: Town of Elkton, Virginia (VA)
Year: 2025 Accepted: 2026-03-31
Auditor: BROWN EDWARDS & COMPANY LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1205191 2025-004 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
10.760 WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES $1.37M Yes 1
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $64,333 Yes 0
66.466 GEOGRAPHIC PROGRAMS - CHESAPEAKE BAY PROGRAM $3,500 Yes 0
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $3,200 Yes 0

Contacts

Name Title Type
NLYBA7GWQ1S7 Greg Lunsford Auditee
5402981951 Susan Chapman Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Federal Expenditures includes the activity of all federally-assisted programs of the Town and is presented on the modified accrual basis of accounting. All federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included on this schedule. The Town did not elect to use the 10% de minimis indirect cost rate. At June 30, 2025, the Town had $14,881,355 in outstanding water and waste disposal system loans from Rural Development.

Finding Details

Finding 2025-004
2025-004: Federal Procurement Policies Condition The policy created in 2024 specific to the federal awards cost principle requirements under Uniform Grant Guidance is not compliant. Criteria Federal award recipients must have written policies, procedures, and standards of conduct as required by 2 CFR 200, Subparts D and E. Cause Certain required policies under 2 CFR 200, Subparts D and E are not present. Effect Lack of compliant policies may create noncompliance with regulations as stated requirements may not be followed. Recommendation Develop compliant procurement policy that meets federal standards. View of Responsible Officials The Treasurer will review the Policy and submit recommended edits to the Town Council for review and approval.