Finding Text
Criteria - The Village did not submit the Federal Data Collection Form to the Federal Audit Clearinghouse for the year ended May 31, 2025, within the required 9-month timeframe. Condition - Title 2, Part 200 Section 200.512 requires auditees to submit the audit, the data collection form, and the reporting package within the earlier of 30 calendar days after the auditee receives the auditors’ report, or 9-months after the end of the audit period. Cause - The Village was not in compliance with the above compliance requirements. Effect of Condition - Due to management’s oversight, the required submissions for the Village’s Federal Single Audit were not made within the required timeframes. Statistical Sampling - The sample was not intended to be, and was not, a statistically valid sample. Recommendation - We recommend that management contract with appropriate third parties to facilitate the completion of the audits more timely and complete the Federal Data Collection Form submission by the required timeframe. Views of Responsible Officials and Planned Corrective Action - (a) Comments on the finding and recommendation: The Village agrees with the finding. The Village also agrees with the recommendation. See below for actions taken. (b) Actions Taken: Management is now aware of the deadline and is working to get current on audits and submission of the data collection form. (c) Anticipated Completion Date: Management anticipates this finding will be resolved by May 31, 2026.