Issue: The Corporation missed the deadline to submit the Data Collection Form for 2024.
Requirement: Timely submission is mandated by Uniform Guidance section 2 CFR 200.512.
Follow-up: Ensure future submissions are completed on time to avoid compliance issues.
Finding Text
Condition/Context The Corporation did not submit the Data Collection Form for the year ended December 31, 2024 to the OMB in a timely manner as required by Uniform Guidance section 2 CFR 200.512.
Corrective Action Plan
The Corporation should file the December 31, 2024 financial statements as soon as possible and should ensure the annual financial report is filed within 30 days after the date of the auditor's report and within nine months of fiscal year end.