FAC Explorer

Audit 9414

FY End
2023-06-30
Total Expended
$4.37M
Findings
4
Programs
5
Organization: City of Wells, Nv (NV)
Year: 2023 Accepted: 2024-01-03
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
7246 2023-002 Material Weakness - L
7247 2023-002 Material Weakness - L
583688 2023-002 Material Weakness - L
583689 2023-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
20.106 Airport Improvement Program $2.92M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $333,528 - 0
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $61,812 - 0
10.569 Emergency Food Assistance Program (food Commodities) $52,358 - 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $1,728 Yes 0

Contacts

Name Title Type
J89EYVJKEHR3 Samantha Nance Auditee
7757523355 Teri Gage Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the Schedule are reported on the modified accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The City of Wells has not elected to use the 10% de minimis cost rate. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of City of Wells under programs of the federal government for the year ended June 30, 2023. The information 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 selected portion of the operations of City of Wells, it is not intended to and does not present the financial position, changes in financial position, or cash flows of City of Wells.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported in the Schedule are reported on the modified accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The City of Wells has not elected to use the 10% de minimis cost rate. Expenditures reported in the Schedule are reported on the modified accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient.
Title: Indirect Cost Rate Accounting Policies: Expenditures reported in the Schedule are reported on the modified accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The City of Wells has not elected to use the 10% de minimis cost rate. The City of Wells has not elected to use the 10% de minimis cost rate.
Title: Food Donation Accounting Policies: Expenditures reported in the Schedule are reported on the modified accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The City of Wells has not elected to use the 10% de minimis cost rate. Nonmonetary assistance is reported in this schedule at the fair market value of the commodities received and disbursed. At June 30, 2023, the City had food commodities totaling $4,407 in inventory.

Finding Details

Finding 2023-002
2023-002 U.S. Department of Transportation COVID 19 - Airport Improvement Program Federal Financial Assistance Listing Number 20.106 Reporting Material Weakness in Internal Control over Compliance and Material Noncompliance Criteria: 2 CFR Part 200 (Uniform Guidance) requires that reports submitted to the Federal Awarding agency include all activity of the reporting period and are presented in accordance with applicable program requirements. Condition: During our audit testing of reporting over the federal fiscal year ended September 30, 2022 SA-425, Federal Financial Report, we noted that two out of the three reports due 90 days after the federal fiscal year end of September 30th, were not submitted by the City of Wells’ during the fiscal year. Cause: The City of Wells did not have adequate controls to ensure that the required SF- 425s were submitted. Effect: The required SF-425s were not submitted in accordance with the program requirements. Questioned Costs: None reported. Context/Sampling: All reports were selected for testing. Repeat Finding from Prior Year: No. Recommendation: We recommend the City of Wells enhance controls to provide for the submission of required program reports. Views of Responsible Officials: Management agrees with the finding.
Finding 2023-002
2023-002 U.S. Department of Transportation COVID 19 - Airport Improvement Program Federal Financial Assistance Listing Number 20.106 Reporting Material Weakness in Internal Control over Compliance and Material Noncompliance Criteria: 2 CFR Part 200 (Uniform Guidance) requires that reports submitted to the Federal Awarding agency include all activity of the reporting period and are presented in accordance with applicable program requirements. Condition: During our audit testing of reporting over the federal fiscal year ended September 30, 2022 SA-425, Federal Financial Report, we noted that two out of the three reports due 90 days after the federal fiscal year end of September 30th, were not submitted by the City of Wells’ during the fiscal year. Cause: The City of Wells did not have adequate controls to ensure that the required SF- 425s were submitted. Effect: The required SF-425s were not submitted in accordance with the program requirements. Questioned Costs: None reported. Context/Sampling: All reports were selected for testing. Repeat Finding from Prior Year: No. Recommendation: We recommend the City of Wells enhance controls to provide for the submission of required program reports. Views of Responsible Officials: Management agrees with the finding.
Finding 2023-002
2023-002 U.S. Department of Transportation COVID 19 - Airport Improvement Program Federal Financial Assistance Listing Number 20.106 Reporting Material Weakness in Internal Control over Compliance and Material Noncompliance Criteria: 2 CFR Part 200 (Uniform Guidance) requires that reports submitted to the Federal Awarding agency include all activity of the reporting period and are presented in accordance with applicable program requirements. Condition: During our audit testing of reporting over the federal fiscal year ended September 30, 2022 SA-425, Federal Financial Report, we noted that two out of the three reports due 90 days after the federal fiscal year end of September 30th, were not submitted by the City of Wells’ during the fiscal year. Cause: The City of Wells did not have adequate controls to ensure that the required SF- 425s were submitted. Effect: The required SF-425s were not submitted in accordance with the program requirements. Questioned Costs: None reported. Context/Sampling: All reports were selected for testing. Repeat Finding from Prior Year: No. Recommendation: We recommend the City of Wells enhance controls to provide for the submission of required program reports. Views of Responsible Officials: Management agrees with the finding.
Finding 2023-002
2023-002 U.S. Department of Transportation COVID 19 - Airport Improvement Program Federal Financial Assistance Listing Number 20.106 Reporting Material Weakness in Internal Control over Compliance and Material Noncompliance Criteria: 2 CFR Part 200 (Uniform Guidance) requires that reports submitted to the Federal Awarding agency include all activity of the reporting period and are presented in accordance with applicable program requirements. Condition: During our audit testing of reporting over the federal fiscal year ended September 30, 2022 SA-425, Federal Financial Report, we noted that two out of the three reports due 90 days after the federal fiscal year end of September 30th, were not submitted by the City of Wells’ during the fiscal year. Cause: The City of Wells did not have adequate controls to ensure that the required SF- 425s were submitted. Effect: The required SF-425s were not submitted in accordance with the program requirements. Questioned Costs: None reported. Context/Sampling: All reports were selected for testing. Repeat Finding from Prior Year: No. Recommendation: We recommend the City of Wells enhance controls to provide for the submission of required program reports. Views of Responsible Officials: Management agrees with the finding.