FAC Explorer

Audit 401185

FY End
2024-06-30
Total Expended
$3.89M
Findings
0
Programs
17
Organization: City of Placerville (CA)
Year: 2024 Accepted: 2026-05-12
Auditor: THE PUN GROUP LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.205 Placerville Drive Bicycle & Pedestrian Facility Improvements $1.23M Yes 0
20.205 Broadway Sidewalks $929,410 Yes 0
20.500 Federal Transit - Capital Investment Grants $456,544 Yes 0
20.205 Placerville Drive Bridge Widening $274,812 Yes 0
20.205 Western Placerville Interchange, Phase 2 Construction $227,011 Yes 0
21.027 State and Local Fiscal Recovery Fund $220,832 Yes 0
20.205 Bridge at Clay & Main Street $175,973 Yes 0
20.205 Canal Street, Phase 1-Combellack Road to Cougar Lane $161,566 Yes 0
20.205 Placerville Drive Pedestrian Connectivity $98,406 Yes 0
97.067 Homeland Security Grant Program $50,141 Yes 0
20.205 Canal Street, Phase 2-Cougar Lane to US Highway 50 $26,574 Yes 0
20.616 Alcohol Policing Partnership (APP) Program $9,565 Yes 0
14.228 Community Development Block Grants $7,920 Yes 0
20.608 Selective Traffic Enforcement Program (STEP) Grant $7,308 Yes 0
20.205 Western Placerville Interchange, Phase 2.2 $3,102 Yes 0
16.607 Bulletproof Vest Partnership Program $911 Yes 0
20.205 Canal Street, Phase 1A-Combellack Road Sidewalk $45 Yes 0

Contacts

Name Title Type
C1H8SPDCULC7 Natalie Tornincasa Auditee
5306425556 Andrew Roth Auditor
No contacts on file

Notes to SEFA

The financial reporting entity, as defined by the Governmental Accounting Standard Board (“GASB”), consists of the primary government, which is the City of Placerville (the “City”), organizations for which the primary government is financially accountable, and other organizations for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity’s financial statements to be misleading or incomplete. The City Council acts as the governing body and is able to impose its will on the following organizations, establishing financial accountability: • Placerville Public Financing Authority
Funds received under the various grant programs have been recorded within the General Fund and special revenue funds of the City. The City utilizes the modified accrual method of accounting for the general fund and special revenue funds. The accompanying Schedule of Expenditures of Federal Awards (“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). Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the City’s basic financial statements.
The accompanying Schedule presents the activity of all federal financial assistance programs of the City. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through the State of California and Sacramento Regional Transit District is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the City.
During the fiscal year ended June 30, 2024, there were no amounts provided to subrecipients.
The City has not elected to use the 10% de-minimis indirect rate as allowed under the Uniform Guidance.