Finding Text
CRITERIA: The Schedule of Expenditures of Federal Awards is required to include all expenditures of Federal funds, including those used for capital projects. CONDITION: Management did not include the Homekey awards in its Schedule of Expenditures of Federal Awards. The Homekey and related Los Angeles County awards were funded under 21.027. CAUSE: The Schedule of Expenditures of Federal Awards did not include all grants and was not reviewed by a second individual. EFFECT OR POTENTIAL EFFECT: Management's Schedule of Expenditures of Federal Awards was incomplete and required material adjustments. RECOMMENDATION: Management should prepare a summary sheet for each significant grant agreement to track its major terms, including whether the grant included Federal funds. This sheet should be reviewed by someone other than the preparer and should be utilized in preparing the Schedule of Expenditures of Federal Awards at the end of the year. VIEW OF RESPONSIBLE OFFICIAL: We will ensure all amounts are included in the future.