Finding 554900 (2023-001)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2025-04-11

AI Summary

  • Core Issue: VTA incorrectly reported a $3,164,846 Highway Planning and Construction grant under the wrong Assistance Listing, leading to an understatement in federal awards.
  • Impacted Requirements: Compliance with Title 2 U.S. CFR Part 200, specifically the requirement to accurately prepare a Schedule of Expenditures of Federal Awards (SEFA).
  • Recommended Follow-Up: VTA should implement policies and internal controls to ensure accurate identification of all federal expenditures on the SEFA.

Finding Text

2023-001 Program: Highway Planning and Construction Federal Financial Assistance Listing No.: 20.205 Federal Agency: U.S. Department of Transportation Pass-through: Metropolitan Transportation Commission Award Year: 2023 Grant Award Number: MTC/STP Agreement Compliance Requirements: Other - Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) §200.510(b) - Schedule of expenditures of Federal awards Type of Finding: Material Weakness in Internal Control over Compliance Criteria: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) §200.510(b) states that the auditee (VTA) must prepare a Schedule of Expenditures of Federal Awards (SEFA) for the period covered by the auditee’s financial statements, which must include the total federal awards expended as determined in accordance with §200.502. Condition: During our audit procedures performed over the Schedule of Expenditures of Federal Awards, VTA listed a Highway Planning and Construction grant for $3,164,846 within the Federal Transit Formula grant with Assistance Listing Number 20.507 in error. Based on the information from VTA's Project Management, this program should have been reported as part of the Highway Planning and Construction under Assistance Listing Number 20.205. Cause: The Assistance Listing Number was not communicated timely to the unit preparing the Schedule. Effect: The Highway Planning and Construction amount reported on the Schedule of Expenditures of Federal Awards was understated by $3,164,846 which required performing an audit of the program and reissuance of the Single Audit Report because the program is now considered a major federal program. Questioned Costs: No questioned costs were identified as a result of our procedures. Context/Sampling: No sampling was used. Program expenditures on the Schedule of Expenditures of Federal Awards were reconciled to supporting records. Repeat Finding from the Prior Year(s): No. Recommendation: VTA should establish policies and implement internal controls to ensure all federal expenditures are accurately identified on the Schedule of Expenditures of Federal Awards. View of Responsible Official and Planned Corrective Actions See separate corrective action plan.

Categories

Reporting Allowable Costs / Cost Principles Material Weakness

Other Findings in this Audit

  • 554899 2023-001
    Material Weakness
  • 554901 2023-001
    Material Weakness
  • 1131341 2023-001
    Material Weakness
  • 1131342 2023-001
    Material Weakness
  • 1131343 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
20.525 State of Good Repair Grants Program $2.69M
20.500 Federal Transit Capital Investment Grants $737,526
20.205 Highway Planning and Construction $467,881
20.530 Public Transportation Innovation $60,563
20.507 Federal Transit Formula Grants $11,875
20.509 Formula Grants for Rural Areas and Tribal Transit Program $1,000