Finding 392937 (2023-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-04-10
Audit: 303215
Organization: City of Monterey (CA)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: The City inaccurately reported cash on hand for all four quarters, violating federal requirements.
  • Impacted Requirements: Compliance with 2 CFR 200.329(b) for accurate and supported quarterly reporting.
  • Recommended Follow-Up: Implement timely reviews of quarterly reports to ensure accuracy before submission to federal agencies.

Finding Text

2023-002 Program: Community Development Block Grants / Entitlement Grants Federal Financial Assistance Listing Number: 14.218 Grant Identification Number: B-22-MC-06-0004 and related program income Federal Grantor: U.S. Department of Housing and Urban Development Passthrough Entity: State Department of Housing and Community Development Compliance Requirements: Reporting Type of Finding: Material Weakness in the Internal Control over Compliance and Material Noncompliance Repeat finding: Yes Criteria: 2 CFR 200.329(b) requires that reports submitted to the federal awarding agency include all activity of the reporting period, are supported by applicable accounting or performance records, and are fairly presented in accordance with program requirements. The City must submit Quarterly Reports that contains the cash available on hand that is supported by actual amounts reported in the financial statements. Condition: Cash on hand information was reported inaccurately. Cause: The City’s control did not ensure the Cash on Hand Report was prepared in accordance with federal requirements and the review process at the City did not capture the information needed to ensure that the reports were accurate. Effect: Inaccurate information was reported to the federal awarding agency. Questioned Costs: None. Context/Sampling: All four quarters of the program did not report the correct cash amount on hand. Repeat Findings from Prior Years: No. Recommendation: We recommend that the City follows its comprehensive policies and procedures ensuring that the quarterly reports are reviewed timely before they are submitted to the federal agencies. Views of Responsible Officials: See separately issued Corrective Action Plan.

Categories

Material Weakness Reporting Program Income Internal Control / Segregation of Duties

Other Findings in this Audit

  • 392936 2023-002
    Material Weakness Repeat
  • 969378 2023-002
    Material Weakness Repeat
  • 969379 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.218 Community Development Block Grants/entitlement Grants $994,296
12.610 Community Economic Adjustment Assistance for Compatible Use and Joint Land Use Studies $614,259
97.044 Assistance to Firefighters Grant $350,849
20.600 State and Community Highway Safety $34,831
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $34,529
16.036 Prosecuting Cold Cases Using Dna $8,637
84.033 Federal Work-Study Program $4,396
16.607 Bulletproof Vest Partnership Program $571