FAC Explorer

Finding 479479 (2023-003)

Significant Deficiency
Requirement
H
Questioned Costs
-
Year
2023
Accepted
2024-07-26
Audit: 316003
Organization: City of Dillon (SC)
Auditor: Kenneth Cobb & Company PC

AI Summary

  • Core Issue: The City failed to record a $60,400 receivable for a USDA grant by June 30, 2022.
  • Impacted Requirements: Not recording the receivable prevented the City from meeting the threshold for a Single Audit.
  • Recommended Follow-Up: Ensure timely recording of all receivables to comply with audit requirements in the future.

Finding Text

Equipment was purchased during the year ending June 30, 2022 totaling $113,641. The City applied for a $60,400 grant thru the USDA to be used towards the quipment purchased. This $60,400 was received by the City in August, 2022. However, the City did not record a receivale for this $60,400 as of June 30, 2022. Had this $60,400 been recorded as of June 30, 2022 the City would have met the filing threshold to have a Single Audit performed.

Corrective Action Plan

The Finance Director will make sure that all receivable are booked in the same year as the related expenses occur. The June 30, 2022 audit will be amended to reflect the required Single Audit.

Categories

Procurement, Suspension & Debarment Equipment & Real Property Management

Other Findings in this Audit

  • 479469 2023-001
    Significant Deficiency Repeat
  • 479470 2023-001
    Significant Deficiency Repeat
  • 479471 2023-001
    Significant Deficiency Repeat
  • 479472 2023-001
    Significant Deficiency Repeat
  • 479473 2023-001
    Significant Deficiency Repeat
  • 479474 2023-002
    Significant Deficiency Repeat
  • 479475 2023-002
    Significant Deficiency Repeat
  • 479476 2023-002
    Significant Deficiency Repeat
  • 479477 2023-002
    Significant Deficiency Repeat
  • 479478 2023-002
    Significant Deficiency Repeat
  • 479480 2023-003
    Significant Deficiency
  • 479481 2023-003
    Significant Deficiency
  • 479482 2023-003
    Significant Deficiency
  • 479483 2023-003
    Significant Deficiency
  • 1055911 2023-001
    Significant Deficiency Repeat
  • 1055912 2023-001
    Significant Deficiency Repeat
  • 1055913 2023-001
    Significant Deficiency Repeat
  • 1055914 2023-001
    Significant Deficiency Repeat
  • 1055915 2023-001
    Significant Deficiency Repeat
  • 1055916 2023-002
    Significant Deficiency Repeat
  • 1055917 2023-002
    Significant Deficiency Repeat
  • 1055918 2023-002
    Significant Deficiency Repeat
  • 1055919 2023-002
    Significant Deficiency Repeat
  • 1055920 2023-002
    Significant Deficiency Repeat
  • 1055921 2023-003
    Significant Deficiency
  • 1055922 2023-003
    Significant Deficiency
  • 1055923 2023-003
    Significant Deficiency
  • 1055924 2023-003
    Significant Deficiency
  • 1055925 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
66.458 Capitalization Grants for Clean Water State Revolving Funds $1.45M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $702,103
21.027 Coronavirus State and Local Fiscal Recovery Funds $627,355
16.738 Edward Byrne Memorial Justice Assistance Grant Program $59,049
16.034 Coronavirus Emergency Supplemental Funding Program $10,440