FAC Explorer

Finding 518330 (2022-003)

Material Weakness
Requirement
B
Questioned Costs
-
Year
2022
Accepted
2025-01-08
Audit: 336687
Organization: Theatre Under the Stars (TX)
Auditor: Blazek & Vetterling

AI Summary

  • Core Issue: There is a material weakness affecting all federal programs related to allowable costs.
  • Impacted Requirements: The same criteria and conditions apply as in previous findings, indicating ongoing issues.
  • Recommended Follow-Up: Management acknowledges the finding and has a corrective action plan in place; monitor progress closely.

Finding Text

Finding #2022-003 – Material Weakness. Applicable federal programs: All federal programs. Criteria: Allowable costs – same as finding #2022-002. Condition and context: Same as finding #2022-002. Cause: Same as finding #2022-002. Effect: Same as finding #2022-002. Questioned costs: Unknown. Recommendation: Same as finding #2022-002. Views of responsible officials and planned corrective actions: Management agrees with the finding. See Corrective Action Plan.

Corrective Action Plan

Finding #2022-003 – Material Weakness. Applicable federal program: All federal programs. Condition and context: Same as finding #2022-002. Recommendation: Same as finding #2022-002. Planned corrective action: See finding #2022-002. Responsible officer: Hillary Hart, Executive Director. Estimated completion date: December 31, 2024.

Categories

Allowable Costs / Cost Principles Material Weakness

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
59.075 Shuttered Venue Operators Grant Program $6.49M