Finding Text
Criteria: Saluda County Water Sewer Authority (“the Authority”) did not have proper internal control structures in place to submit June 30, 2023 financial statements to the Federal Audit Clearinghouse within nine months after year-end as required. Condition: The Authority was required to submit financial statements within nine months of year-end to fulfill the financial and compliance audit requirements under Uniform Guidance. Cause: Due to the complex nature of the federal program, the Authority was unaware of interim financing being construed as federal expenditures. Effect: The Authority was not in compliance with Uniform Guidance requirements. Auditors’ Recommendation: Authority management should implement procedures to ensure that all filings are completed in a timely manner, as required.