Finding 1056788 (2022-001)

Federal Agency - United State Department of Agriculture Federal Program - Water and Waste Disposal Systems for Rural Communities - (10.760) Federal Award Year - 2021 State Agency - Not applicable Reference - 2022-001 Submission of Data Collection Form Criteria - Management is responsible for establishing and maintaining effective internal controls and for the fair presentation of the schedule of expenditures of federal awards. Condition - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year-end. Cause - The late filing resulted from a lack of internal controls over Federal financial reporting. Effect of Condition - The Data Collection Form is late and does not meet the Federal requirement. Statistical Sampling - The sample was not intended to be, and was not, a statistically valid sample. Recommendation - The Town should establish accounting procedures to properly identify Federal expenditures and implement controls to complete the timely submission of the Data Collection Form. Views of Responsible Officials and Planned Corrective Actions - Finding 2022-001 - The Data Collection Form for the year ended December 31, 2022 was not filed with the Federal Audit Clearinghouse within nine months of year end. a. Implementation of Plan of Action - Management will work with the auditors for timely completion of the audit and filing of the Data Collection Form. b. Implementation Date - Management expects to have this completed December 31, 2024. c. Persons Responsible for the Implementation - The Board of Trustees and the Town Supervisor.