Finding 554515 (2024-003)

Significant Deficiency

Requirement

Questioned Costs

Year

2024

Accepted

2025-04-09

Audit: 353177

Organization: City of Minco, Oklahoma (OK)

Auditor: Hspg and Associates PC

AI Summary

Core Issue: The City lacks formal written policies for managing federal awards, which is a requirement under the Uniform Guidance.
Impacted Requirements: Compliance with federal statutes and regulations is at risk due to the absence of documented procedures.
Recommended Follow-Up: Develop and implement formal written policies to ensure compliance with federal requirements.

Finding Text

The City is required by the Uniform Guidance, 2 CFR Part 200, to maintain written policies and procedures that provide reasonable assurance that it is managing federal awards in compliance with applicable federal statutes and regulations of the award. The City has informal non-written policies but does not have written policies.

Corrective Action Plan

The City has identified this as an area of concern and is currently working with counsel to develop written policies and procedures

Other Findings in this Audit

554514 2024-002

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