Finding 1172557 (2025-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-02-05
Audit: 385855
Organization: City of Yerington (NV)
Auditor: 262841828

AI Summary

  • Core Issue: Federal grant reports lack adequate support and documented review before submission.
  • Impacted Requirements: Compliance with grant reporting standards and management oversight.
  • Recommended Follow-Up: Implement formal procedures for review and approval of grant reports, and ensure consistent monitoring and training for staff.

Finding Text

Recommendation: We recommend that the District implement formal procedures to ensure that all federal grant reports are adequately supported by complete grant reporting files and are subject to documented review and approval by management prior to submission to grantor agencies. These procedures should be consistently applied and monitored. Management Response and Corrective Action Plan: Management acknowledges the inherent and elevated risks associated with vacancies in key positions and limited experience among certain personnel. All key positions are currently filled, and staff are actively participating in additional training, including program compliance monitoring, technical assistance support.

Corrective Action Plan

The City Agrees with the recommendation and the finance department will implement a formal review and approval process over recognition and recording of certain revenues. This process will include:Accounting staff with received additional training on accounting software accounting program regarding generated internal billing over non-typical billed revenues;Accounting staff will receive one-on-one training with accounting software training consultants over accounts receivable subsidiary ledger maintenance;Accounting staff with perform monthly review of subsidiary ledger balances.Planned Completion Date:

Categories

Subrecipient Monitoring Reporting

Programs in Audit

ALN Program Name Expenditures
20.205 HIGHWAY PLANNING AND CONSTRUCTION $526,822
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $328,560
20.106 AIRPORT IMPROVEMENT PROGRAM, INFRASTRUCTURE INVESTMENT AND JOBS ACT PROGRAMS, AND COVID-19 AIRPORTS PROGRAMS $297,031