FAC Explorer

Audit 42608

FY End
2022-12-31
Total Expended
$2.34M
Findings
2
Programs
5
Organization: City of Poplar Bluff (MO)
Year: 2022 Accepted: 2023-08-15
Auditor: Beussink Hey Roe & Stroder LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
50164 2022-003 - - P
626606 2022-003 - - P

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $701,020 - 0
16.738 Edward Byrne Memorial Justice Assistance Grant Program $167,553 - 0
95.001 High Intensity Drug Trafficking Areas Program $19,002 - 0
20.205 Highway Planning and Construction $9,346 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $7,055 Yes 0

Contacts

Name Title Type
JTVMME6PGLK7 Lori Phelps Auditee
5736868619 Jeffrey C. Stroder, CPA Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the City of Poplar Bluff, Missouri under programs of the federal government for the year ended December 31, 2022. 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 assets, or cash flows of the City of Poplar Bluff, Missouri. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Schedule is presented in accordance with the Uniform Guidance, which defines federal financial assistance ?assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals.
Title: Basis of Accounting Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the City of Poplar Bluff, Missouri under programs of the federal government for the year ended December 31, 2022. 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 assets, or cash flows of the City of Poplar Bluff, Missouri. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Schedule is presented on the modified accrual basis of accounting, which recognizes expenditures only when incurred for goods and services. This is the same basis of accounting presented in the financial statements.

Finding Details

Finding 2022-003
Criteria: Per Title 2 CFR.200.512(d), ?the data collection form must be submitted within the earlier of 30 calendar days after receipt of the auditor?s report, or nine months after the end of the audit period. The City?s Data Collection Form for the year ended December 31, 2021 was due by September 30, 2022. Condition: The District did not file their Data Collection form on time in accordance with the Single Audit Act of requirements. The Data Collection Form was not filed until January 17, 2023. Cause: The audit report was not issued until January 11, 2023 due to the prior accounting manager not having the financial statements prepared accurately. Effect: The City was not in compliance with the reporting deadline. Recommendation: We recommend that all required filings be submitted timely according to the Single Audit Act of 1984 and Title 2 U.S. Code of Federal Regulations Guidelines. Views of Responsible Officials and Planned Corrective Actions: We have hired a new accounting manager and will ensure the Data Collection Form is submitted timely going forward.
Finding 2022-003
Criteria: Per Title 2 CFR.200.512(d), ?the data collection form must be submitted within the earlier of 30 calendar days after receipt of the auditor?s report, or nine months after the end of the audit period. The City?s Data Collection Form for the year ended December 31, 2021 was due by September 30, 2022. Condition: The District did not file their Data Collection form on time in accordance with the Single Audit Act of requirements. The Data Collection Form was not filed until January 17, 2023. Cause: The audit report was not issued until January 11, 2023 due to the prior accounting manager not having the financial statements prepared accurately. Effect: The City was not in compliance with the reporting deadline. Recommendation: We recommend that all required filings be submitted timely according to the Single Audit Act of 1984 and Title 2 U.S. Code of Federal Regulations Guidelines. Views of Responsible Officials and Planned Corrective Actions: We have hired a new accounting manager and will ensure the Data Collection Form is submitted timely going forward.