FAC Explorer

Audit 411675

FY End
2025-12-31
Total Expended
$2.97M
Findings
5
Programs
3
Organization: CITY OF FLANDREAU (SD)
Year: 2025 Accepted: 2026-09-22
Auditor: KETEL THORSTENSON LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1236044 2025-001 Material Weakness Yes L
1236045 2025-001 Material Weakness Yes L
1236046 2025-001 Material Weakness Yes L
1236047 2025-001 Material Weakness Yes L
1236048 2025-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.13M Yes 1
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $768,400 Yes 1
20.106 AIRPORT IMPROVEMENT PROGRAM, INFRASTRUCTURE INVESTMENT AND JOBS ACT PROGRAMS, AND COVID-19 AIRPORTS PROGRAMS $61,057 Yes 1

Contacts

Name Title Type
R9SRXULE4NY5 Lori Kneebone Auditee
6059972492 Jeff Yennie Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the City under programs of the federal government 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). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. Expenditures reported on the Schedule are reported on the modified cash basis 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 City has not elected to use the de minimis indirect cost rate as allowed under the Uniform Guidance.
The Municipality had the following loan balances outstanding at December 31, 2025. These loan balances outstanding which have continuing compliance requirements are also included in the federal expenditures presented in the Schedule.

Finding Details

Finding 2025-001
Finding 2025-001: Preparation of Financial Statements and Schedule of Expenditure of Federal Award (SEFA) Federal Program Affected: All Compliance Requirement: Reporting Questioned Costs: None Condition and Cause: As a matter of practicality and efficiency, we have assisted in drafting the financial statements and SEFA in both form and content, based on information provided by management during the audit. Criteria and Effect: Management and those charged with governance are ultimately responsible for preparing and presenting the financial statements and SEFA in accordance with the applicable financial reporting framework. The auditor’s responsibility for the financial statements and SEFA is to express an opinion on them based on the audit evidence obtained. Repeat Finding from Prior Year: Yes for financial statements; No for SEFA preparation. Recommendation: Management and if applicable, governance, should review the financial statements and SEFA for accuracy of account balances and context of note disclosures. Management and governance should inquire of the auditors about any balances or disclosures which management does not understand or cannot reconcile to internal records prior to signing the management representation letter. Response/Corrective Action Plan: The City agrees with the above Finding. See Corrective Action Plan.