FAC Explorer

Finding 1055799 (2023-002)

Significant Deficiency
Requirement
M
Questioned Costs
-
Year
2023
Accepted
2024-07-24
Audit: 315845
Organization: Blairsville Water District (IL)
Auditor: Sarah Gibbens CPA

AI Summary

  • Issue: There are no controls to monitor when insurance policies expire.
  • Trend: This lack of oversight can lead to increased risk of operating without valid insurance.
  • Recommendation: Implement a system to regularly check and alert on upcoming policy expirations.

Finding Text

No controls in place to detect the expiration of insurance policies.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 479356 2023-001
    Significant Deficiency
  • 479357 2023-002
    Significant Deficiency
  • 1055798 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.50M