FAC Explorer

Audit 407810

FY End
2025-06-30
Total Expended
$3.49M
Findings
1
Programs
2
Organization: City of Shepherdsville (KY)
Year: 2025 Accepted: 2026-07-23
Auditor: LBMC PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1224558 2025-007 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $2.22M Yes 1
97.083 STAFFING FOR ADEQUATE FIRE AND EMERGENCY RESPONSE (SAFER) $1.27M Yes 0

Contacts

Name Title Type
VPNAF1SC5DE7 Angela Middaugh Auditee
5022151529 Jim Stevison Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (“SEFA”) includes the federal grant activity of the City of Shepherdsville, Kentucky (the “City”) under programs of the federal government for the year ended June 30, 2025. The information in this SEFA is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (“CFR”) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the SEFA differ from amounts presented in, or used in the preparation, of the financial statements.
Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The City has elected not to use the 15% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2025-007
Federal Program: 21.027 – Coronavirus State and Local Fiscal Recovery Funds Federal Agency: U.S. Department of the Treasury Award Number: PON211221000000422 Questioned Costs: $0 Condi􀆟on: The Single Audit was not completed by the deadline. Criteria: Single audit reporting packages must have a report date no later than nine months after the fiscal year‐end (2 CFR Part 200 Subpart F). Cause: The City continued to experience delays in its financial reporting and completion of audits since 2020 when the City faced staffing difficulties. Effect: The City was not in compliance with federal regulations and guidelines for the single audit submission. Recommendation: The City should implement controls for filing federal financial reports in a timely manner. Management’s Response and Planned Correc􀆟ve Action: Timeliness and accuracy of financial information should improve as other recommendations are implemented.