2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
2023-014 – Late Submission of Annual Federal Reporting Package Federal Program Information: Funding Agency: All major programs Title: All major programs Assistance Listing Number: All major programs Award Period: June 1, 2022 – May 31, 2023 Criteria: 2 CFR 200.512 requires that the annual federal reporting package including the data collection form be submitted within nine months after the end of the audit period. Condition: NTU did not submit the annual federal reporting package within nine months after May 31, 2023. Questioned Costs: None Context: The annual federal reporting package for the year ended May 31, 2023. Cause and Effect: Internal controls were not designed and implemented to the annual federal reporting package was submitted within the timeframe required by OMB Uniform Guidance. Auditors’ Recommendation: NTU should improve internal controls to help ensure that general ledger balances are accurately reconciled and closed out shortly after year-end to help ensure the timely preparation and submission of the annual federal reporting package. Management’s Response: NTU experienced key personal turnover during which affected the start and completion of the audit. NTU has developed a comprehensive year-end financial close and annual federal reporting plan as part of this plan, NTU will ensure that financial accounting books and records are reconciled and closed in a timely manner prior to providing the final trial balance to the auditor. Responsible Party: Beverly Miller, Accounting Manager and Harshwal & Company, LLC Anticipated Completion: July 2024
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition: The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, were submitted electronically to HUD on May 14, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition: The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, were submitted electronically to HUD on May 14, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition:The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, will be submitted electronically to HUD no later than June 30, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition:The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, will be submitted electronically to HUD no later than June 30, 2024. Condition Status: Completed Repeat Finding: No
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Finding 2023-002: Late Issuance of the 2023 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN’s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended April 30, 2023. Finding The City’s fiscal year 2023 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization’s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition The Single Audit package for the City’s fiscal year ended April 30, 2023 should have been submitted to the Federal Audit Clearinghouse by January 31, 2024. Cause This was due to staffing shortages at the City. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The April 30, 2023 Single Audit package. Identification as a repeat finding, if applicable Repeat. Recommendation We recommend that the City ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The City accepts the finding. Refer to the Corrective Action Plan for more information.
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition: The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, were submitted electronically to HUD on May 14, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition: The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, were submitted electronically to HUD on May 14, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition:The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, will be submitted electronically to HUD no later than June 30, 2024. Condition Status: Completed Repeat Finding: No
Criteria: Per the regulatory agreement, the Project is required to submit audited financial statements to HUD within 90 days of a Project’s fiscal year end. In addition, Uniform Guidance 2 CFR Subpart F 200.512, the audit must be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report, or nine-months after the end of the audit period. Condition:The Organization did not meet its financial statement filing requirements under both HUD regulations and those under Uniform Guidance for the year ended. Cause: Additional time was required to obtain certain information to complete the financial statement audit. Effect: HUD does not have the financial information of the project available for review. HUD may request the holder of the note declare the note immediately due for non-compliance with the regulatory agreement. Recommendation: We recommend that management implement internal controls to ensure that the audited financial statements are filed with HUD in accordance with the regulatory agreement. Views of Responsible Officials: The Organization will follow the HUD filing requirements of the regulatory agreement going forward. The financial statements for the year ended April 30, 2023, will be submitted electronically to HUD no later than June 30, 2024. Condition Status: Completed Repeat Finding: No
Finding No. 2023-001: Prior Year Reporting Package and Data Collection Not Filed Timely a. The Ludden Housing Development Fund Company, Inc. March 31, 2022 reporting package and data collection form was not filed with the Federal Audit Clearinghouse on time. b. Criteria: 2 CFR section 200.512(a)(1) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. c. Effect of condition: The effect is that the project would not be considered a "Low Risk Auditee" for at least the fiscal years ending March 31, 2023 and March 31, 2024. This designation will require the auditor to audit at least 40% of the project's programs as Major programs until such time that the project may be considered a “Low Risk Auditee” again. d. Cause of condition: The reporting package and data collection form was submitted to the Federal Audit Clearinghouse 353 days late due to a delay in receiving audit evidence. The form was submitted on December 19, 2023. e. Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. f. Views of responsible officials and planned corrective actions: Bishop Ludden agrees with the finding and the auditor’s recommendations have been adopted.
Finding 2023-01: Late Submission of Financial Statements to FAC and REAC (Significant Deficiency) Federal Agency: U.S. Department of Housing and Urban Development Federal Program Title: Capital Fund Program Federal Assistance Listing Number: 14.872 Compliance Requirement: Reporting Criteria: Per 2 CFR Section 200.512, the Authority is required to submit the Data Collection Form and the rest of the reporting package within the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Per 2 CFR Section 902.33, the Authority is required to submit its audited Financial Data Schedule (FDS) and audited financial statements no later than 9 months after the PHA’s fiscal year end. Condition: The Authority did not submit its audited financial statements to the Federal Audit Clearinghouse and to REAC by the required due dates. Context: PHAs are required to submit an unaudited FDS to REAC within 2 months of fiscal year end and are required to submit an audited FDS and audited financial statements to REAC within 9 months of year end, as well as submit audited financial statements and a Data Collection Form to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of auditor’s report or nine months after the end of the audit period. The Authority did not submit its audited FDS and financial statements by the required due dates. Effect: The Authority did not submit its audited financial statements to the Federal Audit Clearinghouse or to REAC by the required due date. Cause: The Authority did not have the proper controls in place to ensure the audited financial statements were submitted on time. Repeat Finding: This is not a repeat finding. Recommendation: The Authority should review and enhance its policies, procedures, and internal controls to ensure the financial reporting package and audited financial statements are submitted by the required due date. Views of Responsible Officials: The Brevard Housing Authority procured the auditor in year of 2019 for a three (3) year term. The engagement letter was signed for the FY 2023 audit on October 4, 2023. The auditors started the audit on October 13, 2023, by requesting Cash Disbursement testing selections. Management provided all information and responded to all questions timely and notified the team of office closures for holidays in November and December. Management will procure a new audit firm to ensure the due date is met in the future. Auditor’s Response to Views of Responsible Officials: Sufficient audit evidence was not available in order for us to complete the audit prior to the due date of the REAC and Federal Audit Clearinghouse submissions. In addition, the books were not fully closed prior to the due date and additional adjustments were made after the due date of the submissions.
Finding No. 2023-001: Prior Year Reporting Package and Data Collection Not Filed Timely a. The Riordan School Housing Development Fund Company, Inc. March 31, 2022 reporting package and data collection form was not filed with the Federal Audit Clearinghouse on time. b. Criteria: 2 CFR section 200.512(a)(1) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. c. Effect of condition: The effect is that the project would not be considered a "Low Risk Auditee" for at least the fiscal years ending March 31, 2023 and March 31, 2024. This designation will require the auditor to audit at least 40% of the project's programs as Major programs until such time that the project may be considered a “Low Risk Auditee” again. d. Cause of condition: The reporting package and data collection form was submitted to the Federal Audit Clearinghouse 342 days late due to management not monitoring CPA firm to enter data in data collection form as agreed upon resulting in a late filing. The form was submitted on December 8, 2023. e. Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. f. Views of responsible officials and planned corrective actions: Bessie Riordan agrees with the finding and the auditor’s recommendations have been adopted.
Criteria - 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period Condition - The March 31, 2023, Single Audit reporting package and data collection form was filed eleven months after the fiscal year end. Cause - The Center was unable to timely reconcile accounts receivable detail to the general ledger which caused the audit to be delayed. Effect - There was a late filing of the Single Audit reporting package and data collection form by two months. Question Costs - None. Recommendation - We recommend the Center take necessary steps to insure all accounts are timely reconciled to the general ledger to ensure the audit is not delayed. Repeat Finding - No. Views of Responsible Officials - The Center concurs with the finding and will purchase new software and implement regular reconciliation procedures for accounts receivable.
Criteria - 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period Condition - The March 31, 2023, Single Audit reporting package and data collection form was filed eleven months after the fiscal year end. Cause - The Center was unable to timely reconcile accounts receivable detail to the general ledger which caused the audit to be delayed. Effect - There was a late filing of the Single Audit reporting package and data collection form by two months. Question Costs - None. Recommendation - We recommend the Center take necessary steps to insure all accounts are timely reconciled to the general ledger to ensure the audit is not delayed. Repeat Finding - No. Views of Responsible Officials - The Center concurs with the finding and will purchase new software and implement regular reconciliation procedures for accounts receivable.
Criteria - 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period Condition - The March 31, 2023, Single Audit reporting package and data collection form was filed eleven months after the fiscal year end. Cause - The Center was unable to timely reconcile accounts receivable detail to the general ledger which caused the audit to be delayed. Effect - There was a late filing of the Single Audit reporting package and data collection form by two months. Question Costs - None. Recommendation - We recommend the Center take necessary steps to insure all accounts are timely reconciled to the general ledger to ensure the audit is not delayed. Repeat Finding - No. Views of Responsible Officials - The Center concurs with the finding and will purchase new software and implement regular reconciliation procedures for accounts receivable.
Criteria - 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period Condition - The March 31, 2023, Single Audit reporting package and data collection form was filed eleven months after the fiscal year end. Cause - The Center was unable to timely reconcile accounts receivable detail to the general ledger which caused the audit to be delayed. Effect - There was a late filing of the Single Audit reporting package and data collection form by two months. Question Costs - None. Recommendation - We recommend the Center take necessary steps to insure all accounts are timely reconciled to the general ledger to ensure the audit is not delayed. Repeat Finding - No. Views of Responsible Officials - The Center concurs with the finding and will purchase new software and implement regular reconciliation procedures for accounts receivable.
Criteria - 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calendar days after the reports are received from the auditor or nine months after the end of the audit period Condition - The March 31, 2023, Single Audit reporting package and data collection form was filed eleven months after the fiscal year end. Cause - The Center was unable to timely reconcile accounts receivable detail to the general ledger which caused the audit to be delayed. Effect - There was a late filing of the Single Audit reporting package and data collection form by two months. Question Costs - None. Recommendation - We recommend the Center take necessary steps to insure all accounts are timely reconciled to the general ledger to ensure the audit is not delayed. Repeat Finding - No. Views of Responsible Officials - The Center concurs with the finding and will purchase new software and implement regular reconciliation procedures for accounts receivable.
2023-001 - Data collection form not filed by deadline (non-compliance - other) Condition: The data collection form was not available for submission by December 31, 2023, which was nine month's after the Organizatin's year end. Criteria: Per CFR 200.512 related to report submission of the data collection form, "The audit must be completed and submitted within the earlier of 30 calendar days after receipt of the auditors report, or nine months after the end of the audit period." Cause: Audit was not completed in time due to staffing changes both with auditor and delayed sigle audit testing. Effect: Untimely filing of the data collection form could cause granting agencies to consider the Organization high-risk. Questioned Costs: None. Recommendation: We recommend remaining diligent in reporting timelines. Management Response: The initial audit engagement letter was signed by COMPACT June 8, 2023. COMPACT staff was efficient in returning all requested documents to the auditors in a timely fashion. Starting in October of 2023, COMPACT staff reached out many times in order to determine a projected completion date from the audit firm with the projected date being delayed time and time again. COMPACT does not accept responsibility for any late submissions as even with consistent and persistent follow through auditors refused to work in a timely manner.