Finding 530273 (2024-001)

Program: COVID-19 - Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Compliance and Significant Deficiency Federal Agency: U.S. Department of the Treasury 2024-001 Reporting Criteria: Program requirements state that recipients must submit a Project and Expenditure Report on an annual basis which should include projects, obligations and expenditures for the reporting period. Condition: The City's 2024 annual Project and Expenditure Report was submitted timely, however the report did not provide accurate information as the City reported no expenditures when there were expenditures incurred during the reporting period. Context: The City did not report any expenditures on the annual report, however there were expenditures that occurred during the reporting period. Effect: The City did not report accurate information in the Project and Expenditure Report. Cause: The City did not have adequate controls or procedures in place to identify the applicable reporting requirement and ensure the information was filed accurately. Questioned Costs: N/A Identification as a Repeat Finding: N/A Recommendation: We recommend management implement policies and procedures to ensure required reports are completed accurately as required by the grant agreement and Uniform Guidance. View of Responsible Officials: We agree with the finding. Upon discovering the issue, we attempted to report accurate information on expenditures and obligations; however, the reporting window was not open for us to make corrections. We recognize the importance of maintaining accurate and timely reporting and are committed to strengthening our internal controls to prevent similar issues in the future. We will report all expenditures and obligations through the Treasury's Reporting Portal for the report due April 30, 2025, to ensure compliance with reporting requirements.