Finding Text
Material Weakness in Internal Control over Compliance - Performance and submission of Single Audit under Uniform Guidance. Single audit under the Uniform Guidance was not performed for fiscal year 2024 or submitted to the Federal Clearing House. Expenditure of federal awards over $750,000 in a fiscal year requires a single audit under Uniform Grant Guidance to be performed and submitted to the Federal Audit ClearingHouse. Town was not in compliance with federal requirements under the Uniform Guidance and Federal Audit Clearinghouse requirements.