FAC Explorer

Audit 43346

FY End
2022-06-30
Total Expended
$3.29M
Findings
2
Programs
7
Organization: City of Troy (MO)
Year: 2022 Accepted: 2023-01-23
Auditor: Croghan and Croghan CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
51556 2022-003 Significant Deficiency Yes B
627998 2022-003 Significant Deficiency Yes B

Programs

ALN Program Spent Major Findings
66.458 Capitalization Grants for Clean Water State Revolving Funds $2.93M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $231,810 - 0
20.205 Highway Planning and Construction $105,316 - 0
16.607 Bulletproof Vest Partnership Program $4,222 - 0
20.607 Alcohol Open Container Requirements $2,777 - 0
20.600 State and Community Highway Safety $378 - 0
20.616 National Priority Safety Programs $330 - 0

Contacts

Name Title Type
HJ49BNAKG9H1 Ron Sconce Auditee
6365284712 Michael Croghan Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which recognizes expenditures in the period the liabilities are paid. 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-003
Criteria: The Office of Management and Budget?s (OMB) Uniform Guidance requires a non-federal entity to have certain written policies and procedures in place surrounding the management of their federal awards. Condition: The City has not adopted written policies and procedures related to federal awards as required by the Uniform Guidance. Context: The lack of written controls pertains to all federal awards. Cause: This condition appears to be the result of a time lag in identifying the requirement and developing a plan for compliance. Effect: As a result of this condition, the City may not fully comply with the Uniform Guidance applicable to certain federal awards. Questioned Costs: No costs have been questioned as a result of this finding. Recommendation: We recommend the City adopt the required written policies and procedures required by the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: The City of Troy acknowledges this finding. The City of Troy passed an ordinance amending the City?s purchasing policy #1158 to include the specifics of the Uniform Guidance (2CFR Part 200) on March 7, 2022.
Finding 2022-003
Criteria: The Office of Management and Budget?s (OMB) Uniform Guidance requires a non-federal entity to have certain written policies and procedures in place surrounding the management of their federal awards. Condition: The City has not adopted written policies and procedures related to federal awards as required by the Uniform Guidance. Context: The lack of written controls pertains to all federal awards. Cause: This condition appears to be the result of a time lag in identifying the requirement and developing a plan for compliance. Effect: As a result of this condition, the City may not fully comply with the Uniform Guidance applicable to certain federal awards. Questioned Costs: No costs have been questioned as a result of this finding. Recommendation: We recommend the City adopt the required written policies and procedures required by the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: The City of Troy acknowledges this finding. The City of Troy passed an ordinance amending the City?s purchasing policy #1158 to include the specifics of the Uniform Guidance (2CFR Part 200) on March 7, 2022.