FAC Explorer

Finding 528650 (2021-003)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2021
Accepted
2025-03-18
Audit: 346623
Organization: City of Baltimore Development Corporation (MD)
Auditor: Gross Mendelsohn and Associates PA

AI Summary

  • Issue: The data collection form for COVID-19 relief funds was submitted late.
  • Requirement: Forms must be filed by the deadline of March 31, 2022.
  • Follow-up: Ensure timely submission of all future reporting packages to avoid penalties.

Finding Text

Finding #2021-003 - Submission of Data Collection Form COVID-19 Coronavirus Relief Fund (Assistance Listing #21.019) COVID-19 Coronavirus State and Local Fiscal Recovery Funds (Assistance Listing #21.027). Condition: The reporting package and data collection form for the year ended June 30, 2021, was not filed by the deadline of March 31, 2022 to the Federal Audit Clearinghouse.

Corrective Action Plan

Views of Responsible Officials and Planned Corrective Actions: BDC management understands the importance of filing the data collection form to the Federal Audit Clearinghouse by the filing deadline. BDC acknowledges the challenges of COVID 19, employee turnover and in hiring qualified staff to support timely submission of information. Efforts are underway to recruit and onboard additional personnel with the required skills and experience. Corrective Actions: 1. Recruitment Strategy: BDC is partnering with recruitment firms and leveraging professional networks to identify and attract qualified candidates. 2. Interim Support: Until permanent staff are onboarded, BDC will continue utilizing contract labor to address immediate needs and ensure timely financial close processes. 3. Standardized Procedures: Management will continue to refine policies and procedures, including tracking and monitoring of reporting requirements. Expected Completion: June 2025

Categories

Reporting

Other Findings in this Audit

  • 528651 2021-004
    Material Weakness Repeat
  • 528652 2021-003
    Material Weakness
  • 528653 2021-004
    Material Weakness Repeat
  • 1105092 2021-003
    Material Weakness
  • 1105093 2021-004
    Material Weakness Repeat
  • 1105094 2021-003
    Material Weakness
  • 1105095 2021-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $11.60M
21.019 Coronavirus Relief Fund $7.14M
11.307 Economic Adjustment Assistance $2.19M
66.818 Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements $70,437