FAC Explorer

Finding 554514 (2024-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-04-09
Audit: 353177
Organization: City of Minco, Oklahoma (OK)
Auditor: Hspg and Associates PC

AI Summary

  • Answer: The amounts reported to the U.S. Treasury for ARPA did not match the City's records.
  • Trend: This discrepancy suggests ongoing issues with financial reporting accuracy.
  • List: Review and reconcile records to ensure future reports align with actual data.

Finding Text

ARPA Reporting - Amounts reported to U.S. Treasury did not agree to the City's underlying records

Corrective Action Plan

Procedures will be added to ensure proper reporting in future periods.

Categories

Reporting

Other Findings in this Audit

  • 554515 2024-003
    Significant Deficiency
  • 1130956 2024-002
    Significant Deficiency
  • 1130957 2024-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.00M
66.447 Sewer Overflow and Stormwater Reuse Municipal Grant Program $842,713
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $5,675