Finding Text
Condition:
Electronic submission to REAC was not submitted within nine months from the year end.
Criteria:
Electronic submission is required to be submitted to REAC within nine months from the year end.
Cause:
The financial statements were not finalized by the due date.
Effect:
The Project is not in compliance with Uniform Guidance.
Recommendation:
We recommend that the electronic submission to REAC be filed as soon as possible.
Reporting Views of Responsible Officials:
Management has acknowledged a breach in protocol and will resolve the matter as soon as possible.
Prior Year Finding
Yes.