Finding Text
State and Local Fiscal Recovery Funds Reporting
Criteria:
Quarterly and annual Project and Expenditure Reporting to the U.S. Department of Treasury is required for recipients of the COVID-19 Coronavirus State and Local Fiscal Recovery funds (SLFRF) in accordance with Code of Federal Regulations 31 CFR Section 35.4(c).
Condition:
Required project and expenditure reporting was not filed for first quarter ending March 31, 2023. In addition, the amounts reported for subsequent quarters during 2023 did not accurately disclose the amounts expended.
Cause:
The Parish does not have adequate controls and procedures over reporting.
Effect:
Failure to submit accurate and timely reports, as required by Federal Regulations, may result in actions by the federal grantor.
Context:
The Parish’s March 31, 2023 quarterly report was not filed timely and the Parish’s reporting, for the year, did not reconcile to actual amounts expended totaling $619,879. Amounts reported totaled $15,331,745 and amounts expended totaled $15,951,624.
Recommendation:
Management should consistently and correctly monitor and report all federal programs in accordance with the applicable federal reporting guidelines.