Finding 10893 (2023-001)

Condition: The Village incorrectly reported zero expenditures on their annual Project and Expenditure (P&E) report for fiscal year ended March 31, 2023. They previously included these expenditures as spent on their annual P&E report for fiscal year ended March 31, 2022. Therefore, the expenditures reported on the schedule of expenditures and federal awards for March 31, 2023, do not match what the Village submitted for expenditures on their annual P&E report. Recommendation: The Village should ensure expenditures incurred within the fiscal year are included on the correct annual P&E report for federal awards. Name of Contact Person: Richard Beran View of Responsible Officials and Planned Corrective Action: The finding for this audit was due to the one-time contribution of American Rescue Plan Act (ARPA) funds. It is not anticipated that such a contribution will happen again. However, the Village will ensure that expenditure reports only include eligible expenditures going forward. Anticipated Date of Completion: Ongoing Analysis