Issue: The audit for the year ending June 30, 2024, was not submitted on time.
Trend: Missing deadlines can lead to compliance issues and potential penalties.
Follow-up: Ensure timely completion and submission of future audits to meet deadlines.
Finding Text
The audit for the year ended June 30, 2024 was not completed and submitted to the Federal Audit Clearinghouse (FAC) by the required deadline - March 31, 2025
Corrective Action Plan
CFL will engage in the yearly audit in a timely manner to ensure they are submitted before the deadline of March 31, 2026; person responsible for corrective action plan: Anne Apodaca, Excutive director; date: March 31, 2026