Finding 1187064 (2025-001)

Uniform Guidance Audit Submission Criteria: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Subpart F, §.512, requires the Municipal Utilities to submit its single audit reporting package to the federal audit clearinghouse no later than 9 months after fiscal year-end. Condition and Context: The federal reporting deadline for the Municipal Utilities’s single audit reporting package was June 30, 2025; however, the Municipal Utilities did not submit the audit reporting package within that time frame. Effect: The late submission affects all federal programs the Municipal Utilities administered; however, this finding does not result in noncompliance for the individual federal programs, as this was not caused by the programs’ administration. Cognizant and oversight agencies could not review the audit in a timely fashion.Cause: The Municipal Utilities’s audit report was delayed due to a component unit’s audit report. Repeat Finding: No Questioned Costs: Unknown Prevalence: Isolated instance Recommendation: The Municipal Utilities should submit its single audit reporting package to the federal audit clearinghouse no later than 9 months after fiscal year-end. View of Responsible Officials & Planned Corrective Action: Marshall Municipal Utilities will implement procedures to ensure timely submission of the Single Audit reporting package. MMU will work with auditors to track all federal reporting deadlines, and responsibility for monitoring and submitting the report is assigned to the Controller. Management will monitor the audit timeline to ensure submission occurs within the required nine-month deadline.