Finding Text
Condition
The required Annual Project and Expenditure (P & E) Report was submitted late. The
report required for the year ended March 31, 2024, was due on April 30, 2024.
Criteria
2 CFR 200.328 and 31 CFR section 35.4(c) required financial and performance reporting
information. The information must be collected with the frequency required by the terms
and conditions of the Federal award, but no less frequently than annually nor more
frequently than quarterly except in unusual circumstances, for example where more
frequent reporting is necessary for the effective monitoring of the Federal award or could
significantly affect program outcomes, and preferably in coordination with performance
reporting.
Context
We request the report submitted during the fiscal year to be audited and observed the
report was submitted after the due date.
Cause
The Municipality failed in submission of the required report on time due to lack of
knowledge of requisites and instructions about the completion of the report.
Effect
The Municipality cannot comply with federal regulations; the evaluation of the federal
funds use cannot be observed and monitored by the Agency. The situation could affect
the program outcomes.
Questioned Costs
Not determined
Recommendation
We recommend the Municipality maintain the schedule of the due date of required reports.