Finding Text
Condition -The Single Audit Report for the fiscal year ended June 30, 2024, was not issued and submitted to the Federal Audit Clearinghouse within nine (9) months after the end of the audit period. Criteria- Uniform Guidance, Section 500.512, states that the audit must be completed, and the data collection form and reporting package must be submitted within of earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. Cause -The Municipality did not comply with the stablished regulation as prescribed in OMB Uniform Guidance. Efect -The Municipality could be sanctioned by the Federal Government or Agencies due to the noncompliance with the Single Audit requirements. Recommendation -Procedures should be implemented to ensure that the Municipality complies with the established Federal Regulation, as prescribed by OMB Super Circular Uniform Guidance. Questioned Costs - None