FAC Explorer

Finding 538558 (2024-013)

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Requirement
F
Questioned Costs
-
Year
2024
Accepted
2025-03-27
Audit: 349361
Organization: City of Montgomery, Alabama (AL)
Auditor: Warren Averett LLC

AI Summary

  • Core Issue: The City has not conducted a required physical inventory of equipment since September 2022.
  • Impacted Requirements: This noncompliance violates 2 CFR 200.313, which mandates a physical inventory every two years.
  • Recommended Follow-Up: The City should enhance its policies to ensure timely physical inventories across all departments.

Finding Text

Finding 2024-013 – Equipment Management (Noncompliance) Identification of the Federal Program: All programs Criteria: 2 CFR 200.313 requires a physical inventory of property must be taken and the results reconciled with the property records at least once every two years. Condition/Cause/Effect: The City has not performed a physical inventory since September 2022. Questioned Costs: None reported. Recommendation: We recommend the City should strengthen policies and procedures to ensure a physical inventory of all city-wide departments is performed every two years. Views of Responsible Officials: The City agrees with the finding. See Management’s View and Corrective Action Plan included at the end of the report.

Corrective Action Plan

Management concurs. The City will update the fiscal policies and procedures manual to ensure a physical inventory of all city-wide departments will be performed every two years for all capital assets.

Categories

Equipment & Real Property Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $4.53M
93.137 Community Programs to Improve Minority Health $1.94M
14.218 Community Development Block Grants/entitlement Grants $1.03M
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $548,214
20.205 Highway Planning and Construction $288,329
14.239 Home Investment Partnerships Program $244,765
20.513 Enhanced Mobility of Seniors and Individuals with Disabilities $186,814
14.231 Emergency Solutions Grant Program $136,103
10.559 Summer Food Service Program for Children $89,790
20.507 Federal Transit Formula Grants $70,791
16.738 Edward Byrne Memorial Justice Assistance Grant Program $46,286
32.011 Affordable Connectivity Outreach Grant Program $43,627
95.001 High Intensity Drug Trafficking Areas Program $25,073
97.067 Homeland Security Grant Program $12,376
16.111 Joint Law Enforcement Operations (jleo) $11,933
15.904 Historic Preservation Fund Grants-in-Aid $7,220
93.069 Public Health Emergency Preparedness $6,824
97.042 Emergency Management Performance Grants $3,472
17.274 Youthbuild $1,518
94.011 Americorps Seniors Foster Grandparent Program (fgp) 94.011 $814