Finding 1160259 (2024-003)

Information on the Federal Program: U.S. Department of Agriculture (USDA) Program Name: Community Facilities Direct Loan and Grants AL: 10.766 Specific Requirement: Per 2 CFR § 200.512(a), the auditee must submit the data collection form (DCF) and reporting package to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor’s report(s), or nine months after the end of the auditee’s fiscal year. Condition Found: The audit for the year ended December 31, 2023, was not submitted to the Federal Audit Clearinghouse until October 8, 2025, after the required submission deadline of September 30, 2024. Questioned Costs: None. Cause and Effect: The Organization was unable to make submit the DCF and reporting package to the Federal Audit Clearinghouse before the submission deadline due to delays in the audit of the consolidated financial statements due to a delay in the debt workout plan from USDA. The late submission placed the auditee in noncompliance with Uniform Guidance reporting requirements. This could impact the auditee’s eligibility for future federal funding and may be considered in the federal agency’s risk assessment Recommendation: Management should implement procedures to help ensure the timely completion of future audits and submission of the reporting package to the Federal Audit Clearinghouse. Views of Responsible Official and Corrective Action Plan: Management agrees with the finding and recommendation. See Corrective Action Plan attached.