Audit 51909

FY End
2022-09-30
Total Expended
$10.22M
Findings
28
Programs
14
Organization: City of Panama City (FL)
Year: 2022 Accepted: 2023-09-25

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
46919 2022-005 - Yes L
46920 2022-005 - Yes L
46921 2022-005 - Yes L
46922 2022-005 - Yes L
46923 2022-005 - Yes L
46924 2022-005 - Yes L
46925 2022-005 - Yes L
46926 2022-005 - Yes L
46927 2022-005 - Yes L
46928 2022-005 - Yes L
46929 2022-005 - Yes L
46930 2022-005 - Yes L
48064 2022-005 - Yes L
48065 2022-005 - Yes L
623361 2022-005 - Yes L
623362 2022-005 - Yes L
623363 2022-005 - Yes L
623364 2022-005 - Yes L
623365 2022-005 - Yes L
623366 2022-005 - Yes L
623367 2022-005 - Yes L
623368 2022-005 - Yes L
623369 2022-005 - Yes L
623370 2022-005 - Yes L
623371 2022-005 - Yes L
623372 2022-005 - Yes L
624506 2022-005 - Yes L
624507 2022-005 - Yes L

Contacts

Name Title Type
QCM6MK4JMTA5 Janette Smith Auditee
8508723000 Jennifer Davidson Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards and state financial assistance includes the grant activity of the City of Panama City, Florida and is presented on the accrual basis of accounting. The accompanying schedule of expenditures of federal awards and state financial assistance summarizes the federal and state expenditures of the City under programs of the federal government and state departments for the year ended September 30, 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) and the requirements of Chapter 10.550, Rules of the Auditor General. 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.
Condition: The data collection form was not submitted within the required timeframe. Criteria: Audited compliance package and completion of the federal single audit is required to be submitted timely to the Federal Audit Clearinghouse (the FAC). The package must be electronically submitted through the FAC website within the earlier of 30 days after receipt of the auditors? report or nine months after the end of the audit period. Cause: The implementation of GASB 87, Leases and the delays in preparing the Schedule of Federal Awards and State Financial Assistance, did not allow for the completion of the federal and state single audit within the required timeframe. Effect: The City can be found to be out of compliance by individual granting agencies. As a result, the federal or state awarding agency could potentially withhold funds until the deficiency is remedied, completely suspend or terminate the award, or withhold further awards for the program. Recommendation: We recommend that the City remedy remaining audit findings reported during the course of the audit and timely prepare expenditure reports and support for purposes of being subject to a single audit. Views of Responsible Officials and Planned Corrective Actions: The City agrees with the auditors? recommendations. See attached Managements Corrective Action Plan.