Finding 537307 (2024-002)

Finding: 2024-002 Federal Agency: U.S. Department of Treasury Pass-through Agency: N/A Federal Program Title: Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Compliance Requirement: Reporting Type of Finding: Significant Deficiency Responsible Official: Verónica Hernández, Finance Director Prior year finding: 2023-002 Condition The required Quater Project and Expenditure (P & E) Report was not submitted. The report was required for the quarter period ended September 30, 2023, and was due on October 31, 2023. Criteria 2 CFR 200.328 and 31 CFR section 35.4(c) required financial and performance reporting information. The information must be collected with the frequency required by the terms and conditions of the Federal award, but no less frequently than annually nor more frequently than quarterly except in unusual circumstances, for example where more frequent reporting is necessary for the effective monitoring of the Federal award or could significantly affect program outcomes, and preferably in coordination with performance reporting. Context We request the report submitted during the fiscal year to be audited and observed that the Quarter report ended in September 2023 was not submitted. Cause The Municipality failed to submission of the required report on time due to lack of knowledge of requisites and instructions about the completion of the report. Effect The Municipality did not comply with compliance requirements of the Program. It could affect the monitories of the Federal Awarding Agency assign the funds and affect the program outcomes. Questioned Costs None. Recommendation The Municipality should maintain the schedule of due dates of the required reports of each federal program in order to comply with the required submissions to the federal awarding agencies. Also, they had to submit the quarter report in order to complied with the requirements.