Finding 375639 (2022-003)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2024-03-12
Audit: 294713
Organization: City of Ravenswood (WV)

AI Summary

  • Core Issue: The SLFRF Compliance Report misclassified $36,000 in expenses, incorrectly categorizing them as Lost Public Sector Revenue instead of Negative Economic Impacts.
  • Impacted Requirements: The report did not align with the Department of Treasury's guidelines for categorizing SLFRF fund uses, leading to noncompliance.
  • Recommended Follow-Up: The City should amend the March 2022 report to correct the classification of expenditures as per the appropriate categories.

Finding Text

NONCOMPLIANCE OF SPECIAL REPORTING REQUIREMENT CONDITION: The SLFRF Compliance Report submitted to the Department of Treasury erroneously classified all expenses to Lost Public Sector Revenue category, when in fact it should have reported $36,000 to the Negative Economic Impacts Caused by the Public Health Emergency category. CRITERIA: Per the Department of the Treasury 31 CFR Part 35 “Coronavirus State and Local Fiscal Recovery Funds (SLFRF): Final Rule”, the uses of the SLFRF funds may be used to: • Support public health expenditure, support public health expenditures, by funding COVID-19 mitigation efforts, medical expenses, behavioral healthcare, and certain public health and safety staff; • Address negative economic impacts caused by the public health emergency, including economic harms to workers, households, small businesses, impacted industries, and the public sector; • Replace lost public sector revenue to provide government services; recipients may use this funding to provide government services to the extent of the reduction in revenue experienced due to the pandemic; • Provide premium pay for essential workers, offering additional support to those who have borne and will bear the greatest health risks because of their service in critical infrastructure sectors; and • Invest in water, sewer, and broadband infrastructure, making necessary investments to improve access to clean drinking water, support vital wastewater and stormwater infrastructure, and to expand access to broadband internet. The SLFRF Compliance Report submitted to the Department of Treasury should have reflected these categories, as appropriate. CAUSE: The City misunderstood how the expenditures were to be reported to the grantor. EFFECT: The erroneous report was filed with the grantor. REPEAT FINDING PRIOR YEAR FINDING NUMBER No N/A RECOMMENDATION: The City will amend the March 2022 SLFRF Compliance Report to reflect the proper classification of expenditures. VIEW OF RESPONSIBLE OFFICIALS AND CORRECTIVE ACTIONS: See corrective action plan.

Corrective Action Plan

Corrective Action to be taken: The City will amend the March 2022 SLFRF Compliance Report to reflect the proper classification of expenditures.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
66.468 Capitalization Grants for Drinking Water State Revolving Funds $1.26M
21.027 Coronavirus State and Local Fiscal Recovery Funds $426,039
20.600 State and Community Highway Safety $2,018