Finding Text
2022/2023-0010 Audit Report Deadline
CFDA Title: Drinking Water State Revolving Fund CFDA Number: 66.468
Federal Award Number: Award #WRF-22515 and #WRF-22516 Federal Agency: United States Environmental
Protection Agency
Pass-through Entity: Montana Department of Natural Resources and Conservation Subrecipient: North
Central Regional Water Authority
Condition:
Montana local governments with a June 30th fiscal year end must submit their audit report to the MT
Department of Administration and the Federal Clearing house by March 31st, following the fiscal
year end. The Town audit was not completed until June 2024.
Context:
Per review of the audit compliance requirements for both the State of Montana and the Federal
government.
Criteria:
The audit for the fiscal year ended June 30th, 2022 and June 30, 2023, was due to the State and the
Federal government by March 31, 2024 as required by MT Administrative Rules
2.4.411 and the Federal Uniform Guidance/A-133 rules.
Effect:
The Town is late in completing the biennial audit for fiscal year 2022 and 2023.
Cause:
The Town does not have processes in place to identify if a federal audit is needed.
Recommendation:
We recommend the District complete their annual audits in compliance with MT
Administrative Rules 2.4.411 and federal rules described in the Uniform Guidance/A-133.