FAC Explorer

Audit 6229

FY End
2022-12-31
Total Expended
$1.96M
Findings
4
Programs
4
Organization: Municipality of Delmont (SD)
Year: 2022 Accepted: 2023-12-12
Auditor: Schoenfish & CO INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
3959 2022-001 Material Weakness Yes L
3960 2022-002 Material Weakness - L
580401 2022-001 Material Weakness Yes L
580402 2022-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
66.458 Capitalization Grants for Clean Water State Revolving Funds $814,811 Yes 2
10.760 Water and Waste Disposal Systems for Rural Communities $721,808 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $405,064 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $19,841 - 0

Contacts

Name Title Type
GSAEC7MHHT65 Kathy Harrington Auditee
6057792621 Randy Schoenfish Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Municipality has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Municipality has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues.
Finding 2022-002
Material weaknesses were noted in internal accounting control and record keeping resulting in diminished assurance that transactions were properly executed and recorded and that assets were properly safeguarded. This is the first consecutive audit for this finding.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues.
Finding 2022-002
Material weaknesses were noted in internal accounting control and record keeping resulting in diminished assurance that transactions were properly executed and recorded and that assets were properly safeguarded. This is the first consecutive audit for this finding.