FAC Explorer

Audit 404331

FY End
2024-12-31
Total Expended
$1.30M
Findings
2
Programs
2
Organization: City of Mechanicville (NY)
Year: 2024 Accepted: 2026-06-22
Auditor: CUSACK & COMPANY CPAS LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1218148 2024-001 Material Weakness Yes L
1218149 2024-002 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
10.760 WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES $926,000 Yes 2
14.239 HOME INVESTMENT PARTNERSHIPS PROGRAM $373,845 Yes 0

Contacts

Name Title Type
KL1VERXSJWL8 James Devito Auditee
5186648920 Kenneth B Claflin, CPA Auditor
No contacts on file

Finding Details

Finding 2024-001
Criteria: The Uniform Guidance requires that Form SF-SAC be filed no later than nine months after year end, in this case by September 30, 2025. Condition: The Form SF-SAC will be filed late for the year ended December 31, 2024. Cause: Turnover of accounting staff. Effect: The City is not in compliance with the Uniform Guidance requirements. Recommendation: Procedures should be developed and implemented to ensure timely filings.
Finding 2024-002
Criteria: The grant agreement requires the filing of Form RD 442-2, “Statement of Budget, Income and Equity” and Form RD 442-3, “Balance Sheet” within 60 days of the year end if federal financial assistance expended is less than $750,000 Condition: Forms RD 442-2 and RD 442-3 were not filed. Cause: Turnover of accounting staff. Effect: The City is not in compliance with the Uniform Guidance requirements. Recommendation: Procedures should be developed and implemented to ensure timely filings.