February 14, 2025
U.S. Environmental Protection Agency
Village of Enosburg Falls, Inc. respectfully submits the following corrective action plan for the year ended December 31, 2024. Name and address of independent accounting firm:
Kittell, Branagan & Sargent
154 North Main Street
St. Albans, VT 05478
Audit Period 1/1/2024-12/31/2024
The findings from the December 31, 2024 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule.
FINDINGS – FINANCIAL STATEMENTS AUDIT
2024-01 Material Weakness in Internal Control over financial Reporting – Material Adjusting journal entries
Recommendation: Management has discussed the reporting differences and is now familiar with the proper accounting for these transactions. Management should consider if changes are needed in the year-end review of the annual report.
Action Taken:
The Village feels that this is an isolated instances due to the increased funding during the year. Management has reviewed the accounting requirements and is confident that they can correct these deficiencies during the year.
If the Cognizant or Oversight Agency for Audit has any questions regarding this plan, please contact Abbey Miller, Director of Finance at (802) 933-4443.