CORRECTIVE ACTION PLAN
January 17, 2024
Town of Blacksburg, Virginia respectfully submits the following corrective action plan for the year ended June 30, 2023.
Name and address of independent public accounting firm:
Brown, Edwards & Company, L.L.P. 3906 Electric Road
Roanoke, VA 24018
Audit period: June 30, 2023
The findings from the June 30, 2023 Schedule of Findings and Questioned Costs (the
"Schedule") are discussed below. The findings are numbered consistently with the number assigned in the Schedule.
FINDINGS - FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT
2023-002: CDBG - Community Development Block Grants/Entitlement Grants - ALN #14.218, Reporting
Condition:
Housing and Community Connections did not timely file Cash on Hand Quarterly Reports in two instances of testing.
Criteria:
Under the requirements in the Uniform Guidance, reports are to be filed within 30 days after the end of the reporting period.
Cause:
Housing and Community Connections typically files all reports timely, however, two quarterly reports during the same quarter were filed late.
Effect:
Failure to file timely reports could result in improper reporting of the use of Federal funds.
Perspective Information:
Two Cash on Hand Quarterly Reports of four tested were not filed within 30 days after the end of the reporting period.
Recommendation:
Management should implement a procedure to ensure that reports are filed within reporting periods.
Views of Responsible Officials and Planned Corrective Action:
Housing and Community Connections will put into place a procedure to ensure that reports are filed timely.
If the Federal Audit Clearinghouse has questions regarding this plan, please call Susan H. Kaiser, Director of Finance at 540-443-1051.
Sincerely yours,
Susan H. Kaiser
Director of Finance