FAC Explorer

Finding 529682 (2024-006)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-03-24
Audit: 347585
Organization: City of Craig (AK)
Auditor: Altman Rogers & CO

AI Summary

  • Core Issue: The report for the Coronavirus State and Local Fiscal Recovery Funds was submitted 8 days late due to employee turnover.
  • Impacted Requirements: Annual expenditure reports must be submitted by April 30th each year to comply with federal guidelines.
  • Recommended Follow-Up: Implement procedures to ensure timely submission of annual reports to avoid jeopardizing future funding.

Finding Text

Finding 2024-006 Lack of Internal Controls Over Reporting Federal Agency: U.S. Department of the Treasury, passed through State of Alaska Federal Program: Coronavirus State and Local Fiscal Recovery Funds ALN: 21.027 Award Number AK0028 Award Year: 2021 Type of Finding: Significant deficiency in internal control over compliance and noncompliance. Criteria: Annual expenditure reports are due to the U.S. Department of the Treasury by April 30th of each year for the reporting period of April 1st through March 31st of the preceding year. Condition/Context: Management submitted the report for the period April 1st 2023 through March 31, 2024 on May 8th (8 days passed the reporting deadline). Cause: Due to employee turnover, the filing of the report was late. Effect: Late reporting may jeopardize future funding. Questioned Costs; None Repeat Finding: No Recommendation: The City should implement procedures to ensure that annual reports are submitted within the required timeline. Management Response: Management concurs with finding. See corrective action plan for more information.

Corrective Action Plan

Federal Compliance Finding Finding 2024-006 Significant Deficiency in Internal Control over Compliance, and Noncompliance - Reporting Name of Contact Person: Kimber Mikulecky, Finance Director Corrective Action Plan: Will pay close attention to reporting deadlines by marking due dates on calendars and giving the appropriate staff sufficient time to complete all necessary documentation required prior to submission. Proposed Completion Date: 2/20/2025

Categories

Reporting Significant Deficiency

Other Findings in this Audit

  • 1106124 2024-006
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $616,428
10.665 Schools and Roads - Grants to States $490,639
15.226 Payments in Lieu of Taxes $346,316
97.042 Emergency Management Performance Grants $20,414
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $11,145
93.268 Immunization Cooperative Agreements $11,144