Finding 1075735 (2022-001)

Finding 2022-001: Single Audit Report Filed Late Condition: The audited financial statements for the year ended December 31, 2022 were not submitted to the Federal Clearinghouse by the due date of September 30, 2023. Criteria: In accordance with 2 CFR Section 200-512, an entity expending more than $750,000 of federal funds within a fiscal year must submit the data collection form and reporting package by a due date that is the earlier of 30 calendar days after receipt of the auditor’s report(s) or nine months after the year end of the audit period. Questioned Costs: None. Effect: The Council was not in compliance with Uniform Guidance, which could lead to sanctions by the funding agencies. Cause: The Council did not provide documentation in a timely manner, causing delays in preparing for the audit. The delays resulted in the Council not meeting the required timeframe for filing the annual reporting package and data collection form. Recommendation: We recommend the Council should establish a timely process to ensure completion of the audit by September 30 of each year. Response: See the corrective action plan that accompanies the schedule of findings and questioned costs.