Audit 6800

FY End
2021-06-30
Total Expended
$2.68M
Findings
10
Programs
9
Organization: City of East Point, Georgia (GA)
Year: 2021 Accepted: 2023-12-14
Auditor: Tabb & Tabb LLC

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
4377 2021-001 Material Weakness - L
4378 2021-001 Material Weakness - L
4379 2021-001 Material Weakness - L
4380 2021-001 Material Weakness - L
4381 2021-001 Material Weakness - L
580819 2021-001 Material Weakness - L
580820 2021-001 Material Weakness - L
580821 2021-001 Material Weakness - L
580822 2021-001 Material Weakness - L
580823 2021-001 Material Weakness - L

Contacts

Name Title Type
NYACGEBAXVV1 Shannon Golden Auditee
4042273395 Elizabeth Wells Auditor
No contacts on file

Notes to SEFA

Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Basis of Presentation and Accounting, Reconciliation to Financial Statements, and Indirect Cost Rates De Minimis Rate Used: N Rate Explanation: The City's management has not elected to use the 10% minim is indirect cost rate allowed under the Uniform Guidance, Section 200.414. Basis of Presentation and Accounting: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. The information in these schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principals and Audit Requirements for Federal Awards (Uniform Guidance). Federal grant programs that are administered through State agencies (pass-through awards) have been included in the accompanying Schedule of Expenditures of Federal Awards. These programs are operated according to federal regulations promulgated by the originating federal agency providing the funding.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Basis of Presentation and Accounting, Reconciliation to Financial Statements, and Indirect Cost Rates De Minimis Rate Used: N Rate Explanation: The City's management has not elected to use the 10% minim is indirect cost rate allowed under the Uniform Guidance, Section 200.414. See the notes to the SEFA for Table
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Basis of Presentation and Accounting, Reconciliation to Financial Statements, and Indirect Cost Rates De Minimis Rate Used: N Rate Explanation: The City's management has not elected to use the 10% minim is indirect cost rate allowed under the Uniform Guidance, Section 200.414. Indirect Cost Rates: The City's management has not elected to use the 10% minim is indirect cost rate allowed under the Uniform Guidance, Section 200.414.

Finding Details

Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.
Finding - Item 2021-01 Reporting under Government Auditing Standards Finding - Item 2021-01 Major Federal Award Program Audit Annual Audits U.S. Department of Homeland Security Disaster Grants Public Assistance - CFDA Number 97.036 U.S Department of Transportation Highway Planning and Construction - CFDA Number 20.205Statement of Condition: The required annual audits of the financial statements for the years ended June 30, 2021 and 2022 were not completed and submitted to the federal and state governments within the time frames required by Federal Regulations and the State of Georgia. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) require that grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the Federal Audit Clearinghouse within the specified time frame. The Official Code of Georgia, Annotated (O.C.G.A) §36-81-7 requires an annual audit of the financial affairs, transactions of all funds and activities of the local government for each fiscal year of the local government. The audit report must contain financial statements prepared in conformity with generally accepted governmental accounting principles.· The annual audit report of the local government shall be completed and a copy forwarded to the state auditor within 189 days after the close of the local government's fiscal year end. Effect of Condition: The City is not in compliance with federal and state reporting requirements. Cause of Condition: During the years in question, the City experienced disruption in normal business operation due to personnel affected by the COVID 19 pandemic. Regular meetings and communications were limited. During this time, the City did not have an assigned coordinator to insure that the audit contracts were awarded, completed and submitted timely. Recommendation: We recommend that all financial reporting and submission requirements and deadlines required by federal and state regulation be adhered to for future periods. Management's Response: The City concurs with the finding. The City engaged a public accounting firm to audit the financial statements for fiscal years ended June 30, 2021 and 2022. The audit of the financial statements for the fiscal year ended June 30, 2021 has been completed and will be submitted, as required, in the next 30 days. The audit of the financial statements of the fiscal year ended June 30, 2022 is in process.