FAC Explorer

Finding 1181720 (2025-001)

Material Weakness Repeat Finding
Requirement
C
Questioned Costs
-
Year
2025
Accepted
2026-03-20
Audit: 392980
Organization: Commonwealth of Puerto Rico Department of Natural and Environmental Resources (PR)
Auditor: LOPEZ VEGA CPA PSC

AI Summary

  • Answer: The BFC aims to reduce the time between receiving federal funds and spending them.
  • Trend: Efficient fund management is crucial for maintaining compliance and optimizing cash flow.
  • List: Monitor disbursement timelines, ensure adherence to procedures, and regularly review processes for improvements.

Finding Text

The BFC will follow procedures to minimize the time elapsed between the receipts of federal funds and their related disbursements.

Corrective Action Plan

SEE CORRECTIVE ACTION PLAN FOR CHART/TABLE

Categories

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Programs in Audit

ALN Program Name Expenditures
10.698 STATE & PRIVATE FORESTRY COOPERATIVE FIRE ASSISTANCE $883,712
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $351,252
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $178,823
10.720 INFRASTRUCTURE INVESTMENT AND JOBS ACT COMMUNITY WILDFIRE DEFENSE GRANTS $84,064