Audit 51057

FY End
2022-12-31
Total Expended
$1.25M
Findings
0
Programs
1
Year: 2022 Accepted: 2023-06-01
Auditor: Wessel & Company

Organization Exclusion Status:

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Findings

No findings recorded

Programs

Contacts

Name Title Type
QRKYHY6VVMK4 Renee Daly Auditee
8144726711 Meghan Freidhof Auditor
No contacts on file

Notes to SEFA

Title: AMOUNTS PASSED TO SUBRECIPIENTS Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Redevelopment Authority of Cambria County and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Redevelopment Authority of Cambria County provided federal awards to certain subrecipients that administer the programs on behalf of the Authority as follows: Federal AmountSubrecipient/Program Title AL Number ProvidedCambria County Backpack Project:Community Development Block Grant14.228$ 1,612Johnstown Redevelopment Authority:Community Development Block Grant 14.228 $ 182,505United Way of the Laurel Highlands:Community Development Block Grant14.228$ 110,303$ 294,420
Title: MAJOR PROGRAM DETERMINATION Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Redevelopment Authority of Cambria County and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The major federal award programs selected for testing as determined by the auditor on a risk-based approach are as follows:ProgramsCFDA #ExpendituresCommunity Development Block Grant14.228$ 1,246,092Total federal expenditures selected for testing$ 1,246,092Total federal expenditures$ 1,246,092Percentage of total federal expenditures tested100.00%Percentage of total federal expenditures required to be tested40.00%