Finding Text
Criteria: Under the terms and conditions of the Airport Improvement Program and federal reporting guidelines (49 U.S.C. 47107(a)(19)), non-federal entities are required to submit annual financial reports within 120 days following the end of the reporting year. Condition: During our audit of the County’s AIP funds for the fiscal year, we noted the required annual compliance and reporting submissions were not filed within the mandatory annual deadline. Context: See above condition. Cause: Management oversight. Effect: The County was not in compliance with reporting requirements. Recommendation: We recommend that the County establish procedures to ensure proper reporting in a timely manner. Views of Responsible Official and Planned Corrective Action: We concur. We will establish procedures to ensure proper reporting in a timely manner.Criteria: Under the terms and conditions of the Airport Improvement Program and federal reporting guidelines (49 U.S.C. 47107(a)(19)), non-federal entities are required to submit annual financial reports within 120 days following the end of the reporting year. Condition: During our audit of the County’s AIP funds for the fiscal year, we noted the required annual compliance and reporting submissions were not filed within the mandatory annual deadline. Context: See above condition. Cause: Management oversight. Effect: The County was not in compliance with reporting requirements. Recommendation: We recommend that the County establish procedures to ensure proper reporting in a timely manner. Views of Responsible Official and Planned Corrective Action: We concur. We will establish procedures to ensure proper reporting in a timely manner.