Finding Text
Criteria: U.S Department of the Treasury established reporting requirements for local governments. These requirements established methods and timelines for reporting Coronavirus State and Local Fiscal Recovery Fund expenditures. Condition: The City had errors in the accuracy of the amounts included in the submitted reports that did not reconcile with the general ledger amounts or the Schedule of Expenditures of Federal Awards. Context: We reviewed the interim report submitted that reported total cumulative expenditures of $2,164,828 while the underlying support totaled $235,296 in cumulative expenditures for the reporting period. The City over reported total cumulative expenditures on the interim report. Cause: The City misinterpreted guidance presented in a webinar. Effect: The City was not in compliance with reporting requirements in 2022. Recommendation: We recommend the City implement procedures to ensure the City reconciles between the underlying support, general ledger, and what is being reported.