Finding Text
Material Weakness - Timely Filing of Audit Report with Federal Audit Clearinghouse Condition: The City did not file the audit report with the Federal Audit Clearinghouse within nine months of the fiscal year end as required by Uniform Guidance. Criteria: Management is responsible for filing the audit report with the Federal Audit Clearinghouse within nine months of the fiscal year end. Cause: The City did not complete the audited financial statements in time for them to be timely filed with the Federal Audit Clearinghouse. Effect: The City's Single Audit information was not provided to the Federal Audit Clearinghouse timely. Recommendation: It is recommended that the City take the necessary steps to ensure that information is provided timely as to ensure that the audited financial statements can be filed with the Federal Audit Clearinghouse within the required timeframe.