Finding 1097136 (2024-003)

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Requirement
L
Questioned Costs
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Year
2024
Accepted
2025-01-29

AI Summary

  • Issue: The Authority missed the deadline for filing required quarterly reports.
  • Impact: This non-compliance with reporting requirements could lead to penalties or loss of funding.
  • Next Steps: Implement a process to ensure timely filing of all required reports.

Finding Text

2024-003: Coronavirus State and Local Fiscal Recovery Fund – ALN #21.027, Reporting Condition: The Authority did not file the required quarterly reports by the due date. Criteria: Under the requirements in the contract with the pass-through entity, the Authority is required to provide quarterly progress reports. Cause: The Authority does not have a process in place to ensure reports are timely filed. Effect: The lack of timely reports results in the Authority being out of compliance with reporting requirements of the pass-through entity. Recommendation: Steps should be taken to ensure that these reports are filed and in a timely manner. Views of Responsible Officials and Planned Corrective Action: The auditee concurs with the recommendation.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $3.54M