Answer: The water association missed the deadline for submitting the 2025 reporting packages.
Trend: This indicates a potential pattern of late submissions, which could affect compliance.
List: Follow up by ensuring timely submissions in the future and reviewing the process for requesting extensions.
Finding Text
The water association did not submit the 2025 reporting packages to the federal clearing house in a timely manner. There were no authorized extensions.
Corrective Action Plan
The Lorman Waterworks Association, Inc. acknowledges the late submission of the audit report and will make it a priority. The water association will implement accurate timelines for 2026 fiscal year audit.