FAC Explorer

Finding 1173478 (2025-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-02-13
Audit: 387222
Organization: City of Lincoln City, Oregon (OR)
Auditor: TALBOT KORVOLA & WARWICK LLP

AI Summary

  • Answer: The City agrees with the audit finding and recommendation.
  • Trend: This indicates a positive response to audit feedback, showing willingness to improve.
  • List: Follow up to ensure implementation of the recommended actions.

Finding Text

Views of responsible officials: The City understands and concurs with the finding and recommendation.

Corrective Action Plan

If the City utilizes $750,000 or more of federal money in the future, staff will obtain training on how to complete the required yearly reporting.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1173477 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $686,447
66.818 BROWNFIELDS MULTIPURPOSE, ASSESSMENT, REVOLVING LOAN FUND, AND CLEANUP COOPERATIVE AGREEMENTS $192,420