Finding Text
FINDING 2024-001 – SIGNIFICANT DEFICIENCY- REPORTING - INTERNAL CONTROL
OVER COMPLIANCE
Federal Agency: Department of the Treasury
Federal Program Name: Coronavirus State and Local Fiscal Recovery Funds
Assistance Listing Number: 21.027
Pass-Through Agency: State of Connecticut Office of Policy and Management
Pass-Through Number(s): 12060-OPM20600-29669
Compliance Requirement: Reporting
Criteria
The Town is required to submit an annual Project and Expenditure report within 30 days of
after the close of the reporting period.
Condition
The Town did not have adequate controls in place to submit the annual Project and
Expenditure Report for the reporting period ended March 31, 2024, within 30 days of the close
of the reporting period.
Context
There was no procedure in place for the Town to submit the Project and Expenditure Report
on time. There was also turnover at positions within the Finance Department. Since that time,
the Town has implemented new procedures to ensure timely filling.
Cause
Turnover in the Finance Department and lack of awareness of the deadline. No formal
procedures were in place to ensure timely submissions of the Project and Expenditure Report.
Effect
The Town did not submit the annual Project and Expenditure Report timely.
Recommendation
We recommend that the Town establish procedures for the preparation and completion of the
annual Project and Expenditure Report to ensure timely filing.
Views of Responsible Officials and Planned Corrective Actions
The Town is now aware of the reporting deadlines and has established policies and
procedures to ensure that the report gets filed timely and accurately.