FAC Explorer

Finding 1172456 (2024-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-02-05
Audit: 385620
Organization: Municipality of Vieques (PR)
Auditor: TORRES HERNANDEZ & PUNTER CPA PSC

AI Summary

  • Answer: The Municipality is late in filing its Financial Reports of Revenue and Expenditures.
  • Trend: This delay could indicate ongoing issues with financial management and reporting practices.
  • List: Follow up by reviewing the reasons for the delays, implementing a timeline for future filings, and ensuring accountability for timely submissions.

Finding Text

The Municipality has not complied with the filing of Financial Reports of Revenue and Expenditures on time.

Corrective Action Plan

The Municipality should streghten control procedures to assure that the financial Reports are prepared and timely filed.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1172453 2024-003
    Material Weakness Repeat
  • 1172454 2024-003
    Material Weakness Repeat
  • 1172455 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $14.20M
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $2.15M
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.39M
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $445,351
93.045 SPECIAL PROGRAMS FOR THE AGING, TITLE III, PART C, NUTRITION SERVICES $44,540
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $25,943
20.505 METROPOLITAN TRANSPORTATION PLANNING AND STATE AND NON-METROPOLITAN PLANNING AND RESEARCH $9,000
93.044 SPECIAL PROGRAMS FOR THE AGING, TITLE III, PART B, GRANTS FOR SUPPORTIVE SERVICES AND SENIOR CENTERS $1,288