Finding Text
Finding Reference 2023-006
Federal Agency and Program: All Federal Programs Identified in the Schedule of Expenditures of Federal Awards
Compliance Requirement: Single Audit Act
Type of Finding: Significant Deficiency in Internal Controls (SD), Instance of Noncompliance (NC)
Statement of Condition The Single Audit Report for the fiscal year ended June 30, 2023 was not issued within nine (9) months after the end of the audit period. The Data Collection Form and the reporting package were not submitted on a timely basis.
Criteria The Single Audit Act, as amended, requires that the audit report must be submitted to the Federal Audit Clearinghouse no later than nine (9) months after the end of the audit period.
Cause of Condition The Municipality did not comply with the established regulation as prescribed by the Office of Management and Budget (OMB) CFR Part 200.
Effect of Condition The Municipality could lose federal grants due to the noncompliance with the Single Audit Act requirements.
Recommendation Procedures should be implemented to ensure that the Agency complies with the established Federal Regulation, as prescribed by OMB CFR Part 200.
Questioned Cost None
Prior Year Finding Yes. This finding is similar to prior-year finding 2022-003.
Views of Responsible
Officials and Planned
Corrective Action We concur with the finding. The preparation of the financial statements for the fiscal year ending June 30, 2024 has begun. In addition, the progress of the audit will be continuously monitored with the external auditors hired by the Municipality to ensure that they are issued on or before March 30, 2025.
Implementation Date: March 31, 2025
Responsible Person: Belinda Álvarez
Finance Director