FAC Explorer

Finding 1084249 (2023-003)

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Requirement
L
Questioned Costs
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Year
2023
Accepted
2024-11-13
Audit: 328311
Organization: Colfax County (NM)
Auditor: Pattillo Brown & Hill LLP

AI Summary

  • Issue: The County is not completing drawdowns for Federal awards on time.
  • Trend: This delay could lead to cash flow problems and affect future funding.
  • Recommendation: Implement a schedule to ensure timely drawdowns moving forward.

Finding Text

During our testing, we noted the County was not performing timely drawdowns of Federal awards

Categories

Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
20.933 National Infrastructure Investments $7.55M
20.106 Airport Improvement Program, Covid-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs $322,508