Audit 403934

2025-002 Audit report deadline CFDA Title: Airport Improvement Program, Infrastructure Investment and Jobs Act Programs, and COVID-19 Airports Programs CFDA Number: 20.106 Federal Agency: Department of Transportation Condition: Montana local governments with a June 30 fiscal year-end are required to submit audited financial statements to the Montana Department of Administration and the Federal Audit Clearinghouse by March 31 following year-end. The County’s fiscal year 2025 audit was not completed and submitted until after the required deadline. Context: During audit procedures, we reviewed applicable State of Montana and federal audit submission requirements and noted the fiscal year 2025 audit report was submitted after the required filing deadline. Criteria: Montana Administrative Rule 2.4.411 and the Uniform Guidance require audits to be completed and submitted within nine months following fiscal year-end. Effect: The County was not in compliance with required State and federal audit filing deadlines for fiscal year 2025. Cause: The County experienced turnover in several key financial positions during the fiscal year and audit period, which contributed to delays in completing financial reporting and audit preparation. Recommendation: We recommend the County continue strengthening financial reporting and year-end closing procedures to ensure future audits are completed and submitted timely in accordance with State and federal requirements.