FAC Explorer

Audit 415083

FY End
2024-12-31
Total Expended
$1.71M
Findings
1
Programs
5
Organization: City of Cortland (NY)
Year: 2024 Accepted: 2026-10-20
Auditor: INSERO & CO CPA'S LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1240717 2024-005 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
97.044 ASSISTANCE TO FIREFIGHTERS GRANT $843,089 Yes 1
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $166,049 Yes 0
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $152,450 Yes 0
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $124,423 Yes 0
20.600 STATE AND COMMUNITY HIGHWAY SAFETY $1,064 Yes 0

Contacts

Name Title Type
ZV5LERJCPXP5 Scott Steve Auditee
6077588373 Duane Shoen Auditor
No contacts on file

Notes to SEFA

Matching costs, such as the City's share of certain program costs, are not included in the reported expenditures.
No insurance is carried specifically to cover equipment purchased with federal funds. Any equipment purchased with federal funds has only a nominal value and is covered by the City's casualty insurance policies.
The City operates a revolving loan program utilizing federal awards received under current and prior Community Development Block Grants (CDBG). Loans outstanding at December 31, 2024 under these programs, as reported in the City's basic financial statements, are as follows: Loans Receivable - CDBG $ 1,200,183 Allowance for Uncollectible Accounts (275,673) Net Loans Receivable $ 924,510 The City received program income from the repayment of loan principal in the amount of $49,833 during the year ended December 31, 2024.

Finding Details

Finding 2024-005
Finding 2024-005 Issue: Noncompliance with Uniform Guidance Late Filing of Single Audit Reporting Package Classification: Material Noncompliance Federal Agency: U.S. Department of Homeland Security Federal Program: Assistance to Firefighters Grant Assistance Listing Number: 97.044 Pass-Through Agency: Not applicable Criteria: Under the Single Audit Act of 1996 and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), §200.512, Report Submission, the single audit reporting package is required to be filed within the earlier of 30 calendar days after receipt of the auditors' report, or 9 months after the end of the audit period. Condition: This deadline was not met on a timely basis for the year ended December 31, 2024. Cause: Staffing shortages caused delays in financial reporting. Effect or Potential Effect: The City is not in compliance with §200.512 of the Uniform Guidance. Questioned Costs: None. Repeat Finding: This is a repeat of finding 2023-007. Recommendation: We recommend adhering to the requirements of §200.512 of the Uniform guidance by striving to have all information required for the audit available on a timely basis. This will help ensure timely audit report issuance and compliance with the filing deadline. Views of Responsible Officials of the Auditee: Due to the timing of completion of the December 31, 2024 reporting package, it is expected that the December 31, 2025 reporting package will also be filed after the deadline. Filings for subsequent years are expected to be timely.