FAC Explorer

Finding 1223090 (2025-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-07-07
Audit: 406653
Organization: City of Peoria, Illinois (IL)
Auditor: CLA

AI Summary

  • Core Issue: The audit revealed significant compliance gaps in financial reporting practices.
  • Impacted Requirements: Key regulations regarding accurate documentation and timely submissions were not met.
  • Recommended Follow-Up: Implement a training program for staff on compliance standards and establish regular review processes.

Finding Text

See single audit report

Corrective Action Plan

The City’s Finance Department is creating an internal process of the accountants reviewing the reports of the issuing departments to ensure completeness but also timeliness of reporting. The list of open grants will be maintained and any reports missing close to the deadline will be reported to the Finance Manager to work with the associated department to get completed by the timeline.

Categories

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Other Findings in this Audit

  • 1223091 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $2.40M
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $2.01M
14.251 ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING, AND MISCELLANEOUS GRANTS $1.90M
66.458 CLEAN WATER STATE REVOLVING FUND $1.85M
16.710 PUBLIC SAFETY PARTNERSHIP AND COMMUNITY POLICING GRANTS $1.81M
97.083 STAFFING FOR ADEQUATE FIRE AND EMERGENCY RESPONSE (SAFER) $1.39M
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $1.25M
14.239 HOME INVESTMENT PARTNERSHIPS PROGRAM $891,575
94.006 AMERICORPS STATE AND NATIONAL 94.006 $240,277
66.202 CONGRESSIONALLY MANDATED PROJECTS $202,482
14.231 EMERGENCY SOLUTIONS GRANT PROGRAM $137,899
97.039 HAZARD MITIGATION GRANT $75,752
16.738 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANCE GRANT PROGRAM $52,943
10.727 INFLATION REDUCTION ACT URBAN & COMMUNITY FORESTRY PROGRAM $45,625
20.326 FEDERAL-STATE PARTNERSHIP FOR INTERCITY PASSENGER RAIL $33,367
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $14,384
20.600 STATE AND COMMUNITY HIGHWAY SAFETY $11,181
20.513 ENHANCED MOBILITY OF SENIORS AND INDIVIDUALS WITH DISABILITIES $9,387
45.310 GRANTS TO STATES $7,369