Finding 1142119 (2024-001)

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Requirement
L
Questioned Costs
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Year
2024
Accepted
2025-06-20
Audit: 359372
Organization: Village of Oak Brook (IL)
Auditor: Sikich CPA LLC

AI Summary

  • Core Issue: The Village submitted the annual report for the grant two days late, leading to non-compliance with reporting requirements.
  • Impacted Requirements: The Village failed to meet the deadline set in the grant agreement for submitting project and expenditure reports to the Illinois Department of Treasury.
  • Recommended Follow-Up: Implement stronger controls over reporting processes to prevent future delays.

Finding Text

2024-001 Reporting - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number 21.027 Grant Period - Year Ended December 31, 2024 Criteria: In accordance with the grant agreement the Village was required to submit annual project and expenditure reports to the Illinois Department of Treasury as outlined on the schedule provided within the agreement. Condition: The Village submitted the annual report two days late. We consider this to be an instance of non-compliance relating to the Reporting Compliance Requirement. Effect: The result is that the Village did not submit the required information to the Illinois Department of Treasury by the due date in the agreement. Cause: The condition was an administrative oversight. Recommendation: We recommend the Village increase controls over reporting. Views of Responsible Officials: Management agrees with the Single Audit finding and a response is included in the Corrective Action Plan.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.09M
20.600 State and Community Highway Safety $5,120
16.607 Bulletproof Vest Partnership Program $1,807