Issue: The City missed the federal reporting deadline for the Single Audit Reporting Package by over six months.
Trend: This delay could indicate ongoing challenges in meeting compliance deadlines.
Follow-up: Recommend a review of the audit process to identify and address the causes of the delay.
Finding Text
The federal reporting deadline for the City’s Single Audit Reporting Package was June 30, 2023; however, the City did not issue its Single Audit Reporting Package until January 30, 2024.