Property & Equipment: Federal Agency: U.S. Department of Transportation Federal Program Name: Airport Improvement Program Assistance Listing Number: 20.106 Federal Award Identification Number and Year: AIP 47, AIP 48, AIP 49, AIP 50, AIP 51, 2025 Pass-Through Agency: Minnesota Department of Transportation Pass-Through Numbers: AIP 47, AIP 48, AIP 49, AIP 50, AIP 51 Award Period: Year-Ended December 31, 2025 Type of Finding: Significant Deficiency in Internal Control over Compliance Recommendation: It is recommended the Authority establish and maintain a separate property record, or add identifying fields to the existing capital asset listing, for all assets purchased in whole or in part with federal funds. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: The Authority will establish and maintain a separate property record, or add identifying fields to the existing capital asset listing, for all assets purchased in whole or in part with federal funds. Name of the contact person responsible for corrective action: Kyle Christiansen, Executive Director Planned completion date for corrective action plan: December 31, 2026 The Bemidji Regional Airport Authority respectfully submits the following summary schedule of prior audit findings for the year ended December 31, 2024. Audit period: January 1, 2024 – December 31, 2024 The findings from the December 31, 2024, schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the prior year.