Finding 1080833 (2023-002)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-11-01
Audit: 326953
Organization: Township of Bloomfield (NJ)

AI Summary

  • Core Issue: The Township's Cash on Hand reports were late and did not match reconciled cash balances.
  • Impacted Requirements: Compliance with federal reporting standards for the Community Development Block Grant.
  • Recommended Follow-Up: Implement policies for accurate and timely Cash on Hand reporting.

Finding Text

Finding 2023-002 Information on the federal program: Community Development Block Grant, CFDA #14.218, Grant Period 1/1/23 - 12/31/23 Compliance/Internal Control over Compliance: Reporting Criteria or specific requirement: The grantee must file the IDISC04PR29 Cash on Hand quarterly report on a timely basis. This report must be in agreement with the grantees reconciled cash balances. Condition: The Township’s IDISC04PR29 Cash on Hand Quarterly reports did not agree to the reconciled cash balances in the Community Development Trust Fund, and they were submitted late. Questioned costs: Undetermined Context: During the course of our audit, we noted that not all submitted Cash on Hand Quarterly reports agreed to the reconciled cash balances of the Townships CDBG Bank Account and, in some instance, they were not submitted on a timely basis. Effect: The Township is not in compliance with federal requirements regarding the reporting of cash on hand per the Compliance Supplement. Cause: The Township of Bloomfield is misreporting the applicable Cash on Hand. Recommendation: The Township takes more care to ensure that they are reporting the correct cash on hand balances, and that these reports are submitted on time. Management’s response: The Township of Bloomfield should establish policies to ensure that complete and accurate Cash on Hand reporting occurs.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 504390 2023-001
    Significant Deficiency Repeat
  • 504391 2023-002
    Significant Deficiency Repeat
  • 504392 2023-003
    Significant Deficiency
  • 1080832 2023-001
    Significant Deficiency Repeat
  • 1080834 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $14.06M
14.871 Section 8 Housing Choice Vouchers $3.16M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.44M
14.218 Community Development Block Grants/entitlement Grants $837,238
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $127,576
97.044 Assistance to Firefighters Grant $62,074
20.616 National Priority Safety Programs $51,700
20.205 Highway Planning and Construction $25,345
20.600 State and Community Highway Safety $19,320
16.922 Equitable Sharing Program $16,944
16.607 Bulletproof Vest Partnership Program $7,565
97.042 Emergency Management Performance Grants $5,000