Finding Text
Condition
The Municipality did not submit the Data Collection Form and Reporting Package to the
Federal Clearinghouse for the fiscal year ended June 30, 2023, on or before nine months
after fiscal year ended, as required.
Criteria
2 CFR § 200.512 Report Submission, (a) (1) The audit must be completed, and the data
collection form described in paragraph (b) of this section and reporting package described
in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after
receipt of the auditor’s report(s), or nine months after the end of the audit period.
Effect
The Municipality did not comply with the submission on the date required to the Federal
Clearinghouse, this could affect the continuance and new approvals of federal programs
funds. In addition, the Municipally cannot be considered by the auditor as a low-risk auditee
for the next two years.
Cause
Management did not have adequate procedures in place to ensure the timely submission of
the single audit reporting package and data collection form to the Federal Audit Clearinghouse.
Questioned Costs
Not determined
Recommendation
The Municipality should prepare the financial statements on a timely basis. In addition, the
Municipality needs to implement adequate internal controls procedures in order to assure
that the supporting documentation is available in a timely manner.