Finding 1227712 (2025-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-08-24
Audit: 409678
Organization: CITY OF KING COVE (AK)

AI Summary

  • Core Issue: The City failed to submit the required reporting package on time, violating federal guidelines.
  • Impacted Requirements: Compliance with 2 CFR part 200, which mandates submission within nine months or 30 days post-report issuance.
  • Recommended Follow-Up: Ensure timely provision of audit documents to meet reporting deadlines and adhere to Uniform Guidance.

Finding Text

Finding 2025-004 Late Reporting and Noncompliance with Reporting Requirements Federal Agency: U.S. Department of Commerce Federal Program: Economic Development Cluster ALN: 11.307 Award Numbers: ED23SEA0G0012 Award Year: 2025 Type of Finding: Material weakness in internal control over compliance and material noncompliance. Criteria: In accordance with 2 CFR part 200, subpart F, section 200.512, the reporting package must be submitted the earlier of nine (9) months after year end or 30 days after the report issuance. Condition and context: The City did not adhere to the Uniform Guidance requirement of submitting the reporting package within the earlier of 30 days after the receipt of the audit report, or the nine (9) months after the end of the audit period. Cause: The City was not able to provide the necessary audit documents within a timely matter. Thus, the City was not able to complete the audit within the Uniform Guidance requirement. Effect: The City was not in compliance with reporting requirements. Questioned Costs: None noted. Repeat finding: This is not a repeat finding. Recommendation: We recommend the City adhere to Uniform Guidance reporting requirements. Management’s Response: Management concurs with the finding. See Corrective Action Plan.

Corrective Action Plan

Finding 2025-004 Late Reporting and Noncompliance with Reporting Requirements Name of Contact Person: Amber Jusefowytsch / Kim Newman / Anna Simmons Corrective Action Plan: A calendar of required reporting dates will be created with a one-month reminder to all involved parties to mitigate last minute issues with reporting compliance. Proposed Completion Date: This finding and corrective action plan have been reached near the end of FY26, the calendar will be implemented by December 31st, 2026 but we anticipate a similar finding for FY26.

Categories

Reporting Material Weakness

Other Findings in this Audit

  • 1227713 2025-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $888,789
90.100 DENALI COMMISSION PROGRAM $350,000
66.202 CONGRESSIONALLY MANDATED PROJECTS $260,172
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $141,141
11.447 National Oceanic and Atmospheric Admin. (NOAA) P/t PSMFC $119,915
20.205 HIGHWAY PLANNING AND CONSTRUCTION $80,000