Finding 1169321 (2024-006)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-01-16
Audit: 382268
Organization: CITY OF MAYVILLE (ND)
Auditor: BRADY MARTZ LLC

AI Summary

  • Core Issue: The City failed to submit its audited financial statements to the Federal Audit Clearinghouse within the required nine-month timeframe.
  • Impacted Requirements: Compliance with federal reporting requirements is not met due to the late filing of the December 31, 2024 financial statements.
  • Recommended Follow-Up: The City should establish policies to ensure timely completion and submission of the annual audit to meet the nine-month deadline.

Finding Text

Reporting Identification of federal programs: All federal programs Criteria: Annual audited financial statements must be submitted to the Federal Audit Clearinghouse within nine months of the City’s year end. Condition: The City’s December 31, 2024 audited financial statements were not filed with the Federal Audit Clearinghouse within nine months of the City’s year end. Questioned costs: None Effect: The City is not in compliance with federal reporting requirements Context: The City’s December 31, 2024 audited financial statements were not filed with the Federal Audit Clearinghouse within nine months of the City’s year end. Cause: The City’s annual audit was not completed by September 30, 2025. Repeat finding: No Recommendation: We recommend the City implement policies and procedures to ensure the annual audit is submitted to the Federal Audit Clearinghouse within the nine-month deadline. Views of responsible officials of the auditee: The City is working with their provider to move the schedule for the annual audit up to accommodate the need for the Single Audit. This will be the focus of the 2025 Audit.

Corrective Action Plan

Corrective Action Taken or Planned: The City is working with their provider to move the schedule for the annual audit up to accommodate the need for the Single Audit. This will be the focus of the 2025 Audit. Contact person(s) responsible for correction action: Gail Olstad, City Auditor Anticipated Completion Date: Quarter 2, prior to the start of the 2025 audit

Categories

Reporting

Other Findings in this Audit

  • 1169316 2024-003
    Material Weakness Repeat
  • 1169317 2024-004
    Material Weakness Repeat
  • 1169318 2024-005
    Material Weakness Repeat
  • 1169319 2024-006
    Material Weakness Repeat
  • 1169320 2024-006
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.760 WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES $2.50M
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $458,320
15.904 HISTORIC PRESERVATION FUND GRANTS-IN-AID $30,373