Finding 551086 (2024-006)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 352020
Organization: City of South El Monte (CA)

AI Summary

  • Issue: The City filed only 2 out of 4 required quarterly financial reports on time and missed 2 entirely.
  • Impact: This non-compliance with filing deadlines can jeopardize grant funding and reflect poorly on the City's financial management.
  • Follow-up: The City should create formal policies for grant reporting and ensure staff are trained on these requirements; management is actively recruiting to fill key positions.

Finding Text

Condition: The City filed two out of four quarterly financial reports past the filing date required by the grant program and did not file other two quarterly reports at all. Criteria: The City should file all required financial reports by their due dates. Cause: The City has had significant turnover in the position that should be filing the quarterly reports. Recommendation: The City should establish formal policies and procedures over grant reporting to inform City personnel on the required reporting requirements of City grants. City response: Management agrees and is currently recruiting a few vacant positions that fulfill those roles.

Corrective Action Plan

City response: Management agrees and is currently recruiting few vacant positions that fulfill those roles.

Categories

Reporting

Other Findings in this Audit

  • 1127528 2024-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
81.086 Conservation Research and Development $616,242
15.226 Payments in Lieu of Taxes $236,570
20.513 Enhanced Mobility of Seniors and Individuals with Disabilities $222,443
93.053 Nutrition Services Incentive Program $28,468
20.205 Highway Planning and Construction $18,777
14.218 Community Development Block Grants/entitlement Grants $17,284
93.045 Special Programs for the Aging, Title Iii, Part C, Nutrition Services $4,794