Corrective Action Plan for Audit Finding
Town of Litchfield
Corrective Plan Information:
Audit Finding Number: 2023-001
Finding: Document Policies and Procedures over Federal Awards
Type of Finding: Compliance
Criteria: OMB's Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards
(UG) established significant requirements related to federal
awards. The requirements stipulate that federal award
recipients must document their policies and procedures
over certain aspects of financial program management.
Specifically, written policies are required for the following:
• Cash management • Determination of allowable
costs • Employee travel • Procurement • Conflicts of
interest • Subrecipient monitoring and management
Corrective Action Taken Adoption of Policy "Federal Grant Acceptance and
or to be Taken: Compliance Policy" by the Board of Selectmen and
implementation across all departments. See attached
Date of Completion or Policy Federal Grant Acceptance and Compliance Policy"
estimated Date of Adopted by the Board of Selectmen August 12, 2024
Completion: Issued to all department heads 8/13/2024
Shared drive for grant documentation created and shared
with department heads
Town Purchasing Policy amended to include reference to
Grant policy 8/12/2024.
Policies updated on Town website - 8/14/2024
Management The Town of Litchfield agrees with the finding as no
Response: formalized Policy or Procedures existed at the time of
Audit.
Town Contact Kim Kleiner
Responsible for Town Administrator
Corrective Action: 2 Liberty Way,
Litchfield, NH 03052
603-424-4046 x1250
Email: kkleiner@litchfieldnh.gov