FAC Explorer

Finding 526011 (2022-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2025-03-07
Audit: 345165
Organization: Town of Anthony, Texas (TX)
Auditor: Peña Briones McDaniel & CO

AI Summary

  • Issue: The Town missed the deadline for submitting its 2022 annual audit financial report to the TWDB.
  • Requirements Impacted: This non-compliance affects the Town's agreement with the TWDB for grant funding.
  • Follow-Up: The Town should schedule and manage audits in advance to meet future reporting deadlines.

Finding Text

2022-002 (2021-005, 2020-006, 2019-004, 2018-005, 2017-006) Grant Compliance Criteria: For municipalities receiving funding from the Texas Water Development Board (TWDB), annual audited financial reports are required to be submitted within 180 days after year end. Condition: The Town did not submit its 2022 annual audit financial report within the allocated time frame. Cause: Due to turnover in personnel at the Town, the audit was not completed before the deadline. Effect: The Town is not in compliance with the grant agreement with TWDB. Recommendation: We recommend that the Town plan and coordinate an audit prior to deadline to ensure to ensure compliance with reporting deadlines. Views of Responsible Officials and Planned Corrective Actions: See Corrective Action Plan.

Corrective Action Plan

2022-002 (2021-005, 2020-006, 2019-004, 2018-005, 2017-006) Grant Compliance Criteria: For municipalities receiving funding from the Texas Water Development Board (TWDB), annual audited financial reports are required to be submitted within 180 days after year end. Condition: The Town did not submit its 2021 annual audit financial report within the allocated time frame. Cause: Due to turnover in personnel at the Town, the audit was not completed before the deadline. Effect: The Town is not in compliance with the grant agreement with TWDB. Recommendation: We recommend the Town hire the necessary personnel to oversee the finances of the Town to ensure compliance with reporting deadlines. Views of Responsible Officials and Planned Corrective Actions: The Town has hired an Accounting Manager and Accounting Clerk to help ensure compliance with such deadlines.

Categories

Reporting

Other Findings in this Audit

  • 526012 2022-003
    Material Weakness Repeat
  • 526013 2022-004
    Material Weakness
  • 1102453 2022-002
    Material Weakness Repeat
  • 1102454 2022-003
    Material Weakness Repeat
  • 1102455 2022-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $380,906
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $162,126
95.001 High Intensity Drug Trafficking Areas Program $110,971
16.738 Edward Byrne Memorial Justice Assistance Grant Program $75,581
97.067 Homeland Security Grant Program $27,054
21.019 Coronavirus Relief Fund $844