The City of Belding agrees with the finding identified and respectfully submits the following Corrective Action Plan for the year ending June 30, 2024. The City does not have formal written policies and procedures regarding federal awards which meet all the requirements by 2CFR200. The City followed proper procurement standards and other control procedures for ensuring federal funds were spent in accordance with grant documents, however, the City’s policies and procedures do not include all of the items require to be part of the policy per 2CFR 200. Subsequent to our fiscal year ended June 30, 2024, written Federal policies and procedures were formally approved and adopted by City Council at their December 17, 2024 meeting. The person responsible for the corrective action is Becky Schlienz, Finance Director.