Answer: The City’s financial reports mostly comply with requirements but lack necessary signatures and dates.
Trend: This issue indicates a recurring oversight in report submission practices.
List: Ensure all financial reports are signed and dated to meet compliance standards moving forward.
Finding Text
The City submits financial reports that substantially meet the requirments per the compliance supplement. However, these reports are not signed and dated as required by the compliance supplement.
Corrective Action Plan
The City Council now approves all financial reports that are sent to USDA-RD. The City Clerk will sign all reports before submitting.