Finding 35800 (2022-003)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2023-03-19
Audit: 32231
Organization: Hudson Valley Community College (NY)
Auditor: Uhy LLP

AI Summary

  • Core Issue: The College failed to post the Q3 2022 report by the required deadline.
  • Impacted Requirements: This non-compliance violates federal regulations for timely public reporting of HEERF funds.
  • Recommended Follow-Up: The College should improve its reporting procedures to meet all future deadlines.

Finding Text

CFDA Number: 84.425 Education Stabilization Fund Criteria: Student and institutional quarterly portion reporting requirements involve publicly posting completed forms on the institution?s website no later than 10 days after the end of each calendar quarter (September 30, December 31, March 31, June 30). Condition: Quarterly reports for the quarter ended March 31, 2022 were not posted to the College?s website until May 11, 2022. Cause: Lean staffing led to challenges to management to report timely. Effect: The College is not in compliance with the federal regulations for HEERF public reporting for the Q3 2022 period. Prevalence: The College posted the Q3 2022 report to their website after the applicable deadline. All prior and subsequent reports were reviewed. All other reports were submitted and posted on time. Recommendation: The College should evaluate and enhance its procedures to ensure that reports are posted to the website by the applicable deadlines.

Corrective Action Plan

Financial Statements Management?s Response and Planned Corrective Action: Management has improved their process for preparing, reviewing, and posting the quarterly reports. All required reports, outside of the Q3 2022 reporting, were posted timely. Corrective Action Plan Pages Finding Number: 2022-003 Federal Assistance Listing Number: 84.425 Education Stabilization Fund Year Ended: August 31, 2022 Responsible Individual: Christine Lasch Comptroller Management?s Response and Corrective Action Plan: The College agrees with the finding and recommendation. The College posted the Q3 2022 report to their website after the applicable deadline. All prior and subsequent reports were reviewed. All other reports were submitted and posted on time. Management has improved their process for preparing, reviewing, and posting the quarterly reports. All required reports, outside of the Q3 2022 reporting, were posted timely. The above procedures have already been implemented.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $10.54M
84.268 Federal Direct Student Loans $10.03M
84.425 Covid-19 - Education Stabilization Fund $1.30M
84.048 Career and Technical Education -- Basic Grants to States $533,260
84.007 Federal Supplemental Educational Opportunity Grants $316,490
84.033 Federal Work-Study Program $131,312
64.027 Post-9/11 Veterans Educational Assistance $116,975
17.285 Apprenticeship USA Grants $88,528
84.126 Rehabilitation Services_vocational Rehabilitation Grants to States $54,878
47.076 Education and Human Resources $5,066
17.268 H-1b Job Training Grants $458