Finding Text
Requirement: Compliance Requirement: Type of finding: Statement of Condition Criteria Cause of Condition Effect of Condition Recommendation Questioned Costs Prior Year Finding View of Responsible Official and Planned Corrective Action Plan Implementation Date Responsible Person All Mayor Programs and Cluster Single Audit Act Significant Deficiency in Internal Control (SD), Instance of Noncompliance (NC) The Single Audit Report for the fiscal year ended June 30, 2025, was not issued within nine (9) months after the ended of the audit period. The Data Collection Form and the reporting package were not submitted on a timely basis. 2 CFR, Section 200.512 (a) (1), states that the audit, the data collection form, and the reporting package must be submitted within 30 calendar days after the auditee receives the auditor's report or nine months after the end of the audit period (whichever is earlier). Due to the delay in the preparation of the financial statements, the Municipality did not comply with the requirements established in the Uniform Guidance. The Municipality could be sanctioned by the Federal government and pass-through agencies for the noncompliance of this requirement. We recommend management to continue strengthening the internal controls and procedures over the accounting records in a manner that the Municipality’s process of preparation of the financial statements can be completed within a reasonable period of time. None This is a new finding. We will improve our internal control procedures related to record keeping and adjustments in order to ensure compliance with the March 31 federal requirement. During the 2026-2027 fiscal year. Mrs. Yadira Pereira Nieves, Finance Director