Finding Text
2 CFR § 1000.10 gives regulatory effect to the Department of Treasury for 2 CFR 200.329(c)(1) which states in part, that non-federal entities must submit performance reports at least annually but not more frequently than quarterly. Recipients must use the standard financial reporting forms or such other forms as may be authorized by the Office of Management and Budget (OMB) (approval is indicated by an OMB paperwork control number on the form) when reporting to the Federal awarding agency. Each recipient must report program outlays and program income on a cash or accrual basis, as prescribed by the Federal awarding agency. Due to deficiencies in internal controls over reporting, the following errors were noted: • The Village did not accurately report current expenditures on the Project and Expenditure report in the amount of $218,642. • The Project and Expenditure report for Reporting Period ended March 31, 2025 was also not filed by the required due date. • The Village did not accurately report current expenditures on the Project and Expenditure report in the amount of $25,322 for the reporting period ended March 31, 2025. • In addition to these issues, the Village was also required to submit Program Reports on a quarterly basis by close of business on the second Friday at the end of each quarter and a final project report to be submitted 15 days after the end of the agreement (December 31, 2024) to the Ohio Department of Development (ODOD) for their infrastructure grant. The Village did not submit the reports in a timely manner as they were submitted in November 2025. By not properly filing the required reports with accurate underlying support, the Village is not in noncompliance with the requirements set forth by the U.S. Department of Treasury and requirements set forth by the Ohio Department of Development. This could result in the Treasury not fully being aware of how the Village is utilizing the funding in determining if the Village is following other requirements and using the funding properly. The Village should establish and implement additional controls to ensure all components of reporting federal expenditures are accurately reported in a timely manner.