FAC Explorer

Finding 1170369 (2025-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-01-23
Audit: 383482
Organization: City of Elizabethtown (KY)
Auditor: RFH PLLC

AI Summary

  • Answer: The City must implement internal controls to ensure accurate financial statements and federal award expenditures.
  • Trend: Compliance with generally accepted accounting standards and Uniform Guidance is essential for financial reporting.
  • List: Follow up on establishing and reviewing internal controls to meet these requirements.

Finding Text

The City is required to have internal controls in place that enable it to prepare complete financial statements, including the schedule of expenditure of federal awards in accordance with generally accepted accounting standards and in accordance with the Uniform Guidance at 2 CFR 200.510(b).

Corrective Action Plan

By requiring Finance Department signatures for all grant applications, a comprehensive list of all potential program awards can be maintained. From this information, potential expenditures can be monitored for the awards inclusion on the SEFA.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1170370 2025-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.08M
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $260,720
66.818 BROWNFIELDS MULTIPURPOSE, ASSESSMENT, REVOLVING LOAN FUND, AND CLEANUP COOPERATIVE AGREEMENTS $109,800
16.582 CRIME VICTIM ASSISTANCE/DISCRETIONARY GRANTS $88,311
95.001 HIGH INTENSITY DRUG TRAFFICKING AREAS PROGRAM $72,490
15.916 OUTDOOR RECREATION ACQUISITION, DEVELOPMENT AND PLANNING $53,495
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $39,611
20.939 SAFE STREETS AND ROADS FOR ALL $34,670