FAC Explorer

Finding 1130957 (2024-003)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-04-09
Audit: 353177
Organization: City of Minco, Oklahoma (OK)
Auditor: Hspg and Associates PC

AI Summary

  • Core Issue: The City lacks formal written policies for managing federal awards, which is a requirement under the Uniform Guidance.
  • Impacted Requirements: Compliance with federal statutes and regulations is at risk due to the absence of documented procedures.
  • Recommended Follow-Up: Develop and implement formal written policies to ensure compliance with federal requirements.

Finding Text

The City is required by the Uniform Guidance, 2 CFR Part 200, to maintain written policies and procedures that provide reasonable assurance that it is managing federal awards in compliance with applicable federal statutes and regulations of the award. The City has informal non-written policies but does not have written policies.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 554514 2024-002
    Significant Deficiency
  • 554515 2024-003
    Significant Deficiency
  • 1130956 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.00M
66.447 Sewer Overflow and Stormwater Reuse Municipal Grant Program $842,713
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $5,675