FAC Explorer

Finding 1227100 (2024-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-08-17
Audit: 409289
Organization: PORT OF HOOD RIVER (OR)
Auditor: CLEAR TRAIL CPAS LLC

AI Summary

  • Core Issue: The Port failed to file the required SF-425 report for the BUILD Grant.
  • Impacted Requirements: Not submitting the SF-425 puts the Port at risk of non-compliance with federal regulations.
  • Recommended Follow-Up: Ensure the SF-425 is filed and monitor compliance through a new grant calendar.

Finding Text

SA-2024-04 FEDERAL PROGRAM : BUILD Grant 20.933 CONDITION: During our testing of the reporting requirements for the grant, we noted the Port did not file the SF-425 for the fiscal year. CRITERIA: The SF-425 report is required to be submitted. EFFECT: Without submitting required reports, the Port can be found out of compliance by the federal agency. CAUSE: The Port was relying on a contractor to prepare and file the reports. RECOMMENDATION: We recommend the SF-425 is filed. MANAGEMENT’S RESPONSE: The Port recognizes the filing of grant reports is its responsibility and has added a grant calendar to make sure that all reports are filed timely.

Corrective Action Plan

4. Deficiency #4 – Federal Grant Reporting a. Type of deficiency: Material Weakness – During our testing of the Port’s BUILD reporting requirements, we noted the SF-425 reports were not filed for the fiscal year. We recommend the Port file SF-425s timely. b. The due dates of all federal grants have been added to the finance calendar and are being filed timely. c. Already implemented.

Categories

Reporting

Other Findings in this Audit

  • 1227099 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
20.933 NATIONAL INFRASTRUCTURE INVESTMENTS $4.25M
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $153,017
20.106 AIRPORT IMPROVEMENT PROGRAM, INFRASTRUCTURE INVESTMENT AND JOBS ACT PROGRAMS, AND COVID-19 AIRPORTS PROGRAMS $9,523