FAC Explorer

Audit 409376

FY End
2023-12-31
Total Expended
$1.03M
Findings
1
Programs
1
Organization: COLTON CITY HALL (SD)
Year: 2023 Accepted: 2026-08-18
Auditor: SCHOENFISH & CO INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1227276 2023-001 Material Weakness Yes ABI

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.03M Yes 1

Contacts

Name Title Type
L7DMDLLTBAL9 Dawn Pilker Auditee
6053402052 Randy Schoenfish Auditor
No contacts on file

Notes to SEFA

Expenditures reported on the Schedule are reported on the modified 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Municipality has not elected to use the 10-percent deminimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-001
Condition: During testing of the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) program, deficiencies in internal controls over the recording and review of grant-related financial activity were identified. Specifically: • One check covering two vouchers totaling $251,125.52 was properly associated with project costs on the cost ledger; however, it was not recorded in the accounting software/general ledger and was not included in the check register. • Federal reimbursement receipts totaling $347,823.27 were recorded twice in the general ledger, once in the Sewer Fund and again in the General Fund, resulting in an overstatement of federal revenue. The underlying project costs and reimbursements were otherwise identifiable and supported. Based on the procedures performed, these errors were financial reporting errors only and did not result in identified noncompliance with the applicable federal award requirements for Activities Allowed or Unallowed, Allowable Costs/Cost Principles, or Procurement, Suspension, and Debarment.