Finding Text
2025-003. Schedule of Expenditures of Federal Awards Completeness Criteria or specific requirement (including statutory, regulatory, or other criterion): The Uniform Guidance Requires the auditee to prepare a schedule of expenditures of federal awards (SEFA) for the period covered by the auditee’s financial statement. It is the responsibility of County management to design and implement internal controls that provide reasonable assurance over the completeness and accuracy of the SEFA. The SEFA is the basis for the auditor’s identification of major programs. Condition and context: The County of Fulton, New York’s (County) SEFA required adjustment to properly reflect federal expenditures related to the Coronavirus State and Local Fiscal Recovery Funds program, Assistance Listing Number 21.027 and the Airport Improvement Program, Assistance Listing Number 20.106, respectively. In addition, the 12/31/2024 SEFA was required to be restated for the Airport Improvement Program. Cause: Grant information was not reported to the preparer of the SEFA and internal controls designed to ensure completeness of the SEFA were ineffective. Effect or potential effect: Due to the error, the Coronavirus State and Local Fiscal Recovery Funds program was overstated within the original SEFA, and the Airport Improvement Program was understated within the original SEFA, respectively. Questioned costs: None. Identification as a repeat finding, if applicable: A similar finding (2024-003) was reported in the prior year. Recommendation: The County should develop procedures to ensure that information related to all federal awards is accumulated to assist in the preparation of the SEFA. . Views of responsible officials: As detailed in the corrective action plan, management agrees with this finding.