Finding Text
US Department of Treasury Program Name: Coronavirus State and Local Fiscal Recovery Fund AL # 21.027 Finding: 2022-002 Untimely Adoption of Policy SIGNIFICANT DEFICENCY Eligibility Criteria: In accordance with the U.S. Department of Treasury 31 CFR Part 35, Coronavirus State and Local Fiscal Recovery Funds Final Rule and the Uniform Guidance, General Financial Management Internal Controls, Eligible Projects Determination & Documentation Policy, Cost Principles/Allowable Costs Policy, Civil Rights Compliance / Nondiscrimination Policy, Records Retention Policy are required to be adopted as condition of receiving the funds. Condition: The County expended the entirety of the funds as revenue replacement before adopting the policies specific to the federal award at the September 6, 2022 board meeting. Effect: The County could use the funds for unallowable costs that were prohibited by the Final Rule. Cause: County oversight of the new federal grant requirement to have the stated policies in place. Recommendation: The finance office should review the grant agreement and the Uniform Guidance more carefully to ensure all compliance requirements are meet. Views of responsible officials and planned corrective actions: The County agrees with the finding.