FAC Explorer

Audit 410698

FY End
2025-12-31
Total Expended
$3.05M
Findings
2
Programs
8
Organization: Pike County (MO)
Year: 2025 Accepted: 2026-09-09
Auditor: MCBRIDE LOCK & ASSOCIATES LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1229201 2025-003 Material Weakness Yes P
1229202 2025-003 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $1.67M Yes 1
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $504,344 Yes 0
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $448,232 Yes 1
16.575 CRIME VICTIM ASSISTANCE $38,494 Yes 0
20.205 HIGHWAY PLANNING AND CONSTRUCTION $28,262 Yes 0
16.540 JUVENILE JUSTICE AND DELINQUENCY PREVENTION $24,872 Yes 0
15.226 PAYMENTS IN LIEU OF TAXES $12,532 Yes 0
90.404 HAVA ELECTION SECURITY GRANTS $2,731 Yes 0

Contacts

Name Title Type
RAGYYL4A8W63 Laura Stumbaugh Auditee
5733242412 Matt Brickey Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal award activity of Pike County, Missouri for the year ended December 31, 2025. The information in this 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 this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
Expenditures are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowed or are limited as to reimbursement. The County has elected not to use the 15 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The County did not pass any federal awards through to subrecipients during the year ended December 31, 2025.

Finding Details

Finding 2025-003
Federal Grantor: U.S. Department of Commerce (Commerce), U.S. Department of Housing and Urban Development (HUD) Pass-Through Grantor: Missouri Department of Economic Development Federal Assistance Listing Number: 11.307, 14.228 Program Title: Economic Adjustment Assistance, Community Development Block Grants Pass-through Entity Identifying Number: 2019-LR-02 Award Year: 2025 Questioned Costs: None Criteria: 2 CFR 200.510(b) requires auditees to prepare a schedule of expenditures of federal awards (SEFA) which must report total federal awards expended during the audit period. At a minimum, the schedule must include: expenditures by individual federal program, name of the pass-through entity and identifying number for awards not received directly from the federal government, and the total amount provided to subrecipients from each federal program. The County has not implemented proper internal controls to ensure the completeness and accuracy of the SEFA. Condition: The SEFA reported by the County in the 2026 annual budget document contained errors in amounts of federal expenditures reported. The SEFA did not report $1,667,175 of expenditures under program 11.307 Economic Adjustment Assistance or $448,232 of expenditures under 14.228 Community Development Block Grants. Cause: The Community Development Block Grant funds are kept in a separate bank account and were not accounted for in the County’s accounting system. The Economic Adjustment Assistance funds were accounted for in the 30 (Misc.) Fund, which is used for pass-through funding that is distributed to outside entities, rather than in a separate fund. Effect: The SEFA presented for audit did not accurately reflect the County’s actual expenditures of federal awards for the year ended December 31, 2025. The SEFA initially reported less than $1 million of federal award expenditures, which is less than the threshold for a Uniform Guidance compliance audit to be required. However, after the additional federal award expenditures were discovered, additional audit procedures had to be performed to complete the compliance audit. Recommendation: We recommend that the County implement internal controls to ensure that the SEFA completely and accurately states the expenditures of federal awards of the County each year.