FAC Explorer

Audit 44569

FY End
2022-12-31
Total Expended
$873,339
Findings
2
Programs
2
Organization: Centre County Airport Authority (PA)
Year: 2022 Accepted: 2023-09-28
Auditor: Baker Tilly US LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
41857 2022-001 Significant Deficiency - ABL
618299 2022-001 Significant Deficiency - ABL

Programs

ALN Program Spent Major Findings
20.106 Covid-19 - Airport Improvement Program $770,419 Yes 1
97.090 Law Enforcement Officer Reimbursement Agreement Program $102,920 - 0

Contacts

Name Title Type
ERNZMCKWQM34 James Meyer Auditee
8142372011 Thomas Walenchok Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash 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. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the federal award activity of the Centre County Airport Authority (the Authority) 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 select portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net position or cash flows of the Authority.

Finding Details

Finding 2022-001
2022-001: Uniform Guidance Written Policies and Procedures - Assistance Listing #20.106 ? COVID-19 Airport Improvement Program; U.S. Dept. of Transportation ? Significant Deficiency Criteria: The Uniform Guidance requires written policies/procedures in order to comply with certain requirements. These areas include allowability of costs, cash management, procurement, subrecipient monitoring and conflicts of interest. Condition: As part of our audit of the Authority's Airport Improvement Grant Program, it was noted that the Authority did not adopt written policies/procedures surrounding certain areas to comply with the requirements of the Uniform Guidance. Questioned costs: N/A Context: The Authority does not have in place a number of written policies/procedures surrounding their administration of federal awards. Cause: Authority management failed to adopt the required written policies/procedures. Effect: The Authority is not in compliance with the written policy/procedure requirements of the Uniform Guidance. Recommendation: We recommend that the Authority draft and adopt the written policies/procedures required by the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: See corrective action plan.
Finding 2022-001
2022-001: Uniform Guidance Written Policies and Procedures - Assistance Listing #20.106 ? COVID-19 Airport Improvement Program; U.S. Dept. of Transportation ? Significant Deficiency Criteria: The Uniform Guidance requires written policies/procedures in order to comply with certain requirements. These areas include allowability of costs, cash management, procurement, subrecipient monitoring and conflicts of interest. Condition: As part of our audit of the Authority's Airport Improvement Grant Program, it was noted that the Authority did not adopt written policies/procedures surrounding certain areas to comply with the requirements of the Uniform Guidance. Questioned costs: N/A Context: The Authority does not have in place a number of written policies/procedures surrounding their administration of federal awards. Cause: Authority management failed to adopt the required written policies/procedures. Effect: The Authority is not in compliance with the written policy/procedure requirements of the Uniform Guidance. Recommendation: We recommend that the Authority draft and adopt the written policies/procedures required by the Uniform Guidance. Views of Responsible Officials and Planned Corrective Actions: See corrective action plan.