Finding 1076894 (2021-004)

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Requirement
P
Questioned Costs
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Year
2021
Accepted
2024-09-30

AI Summary

  • Issue: The District did not complete its audit by the required deadline of nine months after June 30, 2021.
  • Requirements Impacted: Timely filing of the financial report is mandated for each fiscal year.
  • Follow-Up: Ensure future audits are completed on time; the Board has committed to this process.

Finding Text

Condition: The District failed to have its audit completed within nine months after their fiscal year end of June 30, 2021. Criteria: The District is required to file a financial report within a timely manner at the end of each fiscal year, or a portion thereof that started with the District’s assumption of financial responsibility. Effect: The audit was not completed as of March 31, 2022, which is nine months after the fiscal year end of June 30, 2021. Cause: Management failed to have the audit completed within nine months due to lack of communication with the auditor. Recommendation: We recommend the District have its audit completed within nine months of fiscal year end. Auditee Response: The Board of Directors of the District will ensure its audits are completed within nine months of fiscal year end.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 500449 2021-001
    Material Weakness
  • 500450 2021-002
    Material Weakness
  • 500451 2021-003
    Material Weakness
  • 500452 2021-004
    -
  • 1076891 2021-001
    Material Weakness
  • 1076892 2021-002
    Material Weakness
  • 1076893 2021-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
12.121 Montana, Nevada, New Mexico, Utah, Idaho, & Wyoming Environmental Infrastructure (section 595) - Arra $1.51M
66.468 Capitalization Grants for Drinking Water State Revolving Funds $1.04M
14.218 Community Development Block Grants/entitlement Grants $450,000