Management concurs with this finding and acknowledges that this is a repeat finding from the prior year (2022‐001 and 2023‐001). The Alliance takes this matter seriously and has made significant enhancements to the corrective action plan from 2022‐001. To fully remediate this deficiency and ensure timely compliance with the reporting requirements of 2 CFR 200.512, the Alliance has implemented the following corrective actions: 1. Concurrent Single Audits for FY 2023 ‐ 2024 and FY 2024 ‐ 2025. The Alliance has conducted concurrent audits on the currently late years to bring filing status to the current year. 2. Formal Fiscal Policy Adopted. The Alliance will adopt a formal fiscal policy governing the Single Audit process, which establishes a detailed project timeline with clearly defined milestones, responsible parties, and internal deadlines for each phase of the audit cycle — including year‐end close, preparation of financial statements, auditor fieldwork, draft review, and submission of the SF‐SAC Data Collection Form to the Federal Audit Clearinghouse (FAC). 3. Reverse‐Engineered Timeline. The project timeline is structured to work backward from the 9‐month federal deadline (March 31 for a June 30 fiscal year‐end), building in a minimum 30‐day buffer to ensure all deliverables — including management review of draft financial statements, resolution of auditor inquiries, and final submission — are completed well in advance of the statutory due date. 4. Designated Responsible Party. The Administrative Services Officer, with regular reviews by the Executive Director, has been designated as the responsible party for monitoring progress against the timeline and escalating delays to the Executive Director and Board of Directors if any milestone is at risk of being missed. 5. Quarterly Progress Reporting. Beginning at the end of the first quarter following fiscal year‐end, the Administrative Services Officer will provide monthly progress updates to the Executive Director on the status of the Single Audit, including any identified risks to the timeline. 6. Auditor Engagement Timeline. The Alliance will execute its audit engagement letter no later than 60 days after fiscal year‐end and will provide all requested schedules and supporting documentation to the auditors within 120 days of fiscal year‐end to ensure adequate time for fieldwork and report issuance. 7. Internal Controls Over Reporting. The Alliance will implement a closing checklist and internal review process to ensure that all reconciliations, adjusting entries, and supporting schedules are completed and reviewed prior to the commencement of auditor fieldwork. Estimated Completion Date: Fully implemented and functioning for the fiscal year ending June 30, 2026 audit cycle. Responsible Party: Taylor Swain, Administrative Services Officer