FAC Explorer

Finding 555234 (2024-002)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-04-16
Audit: 353848
Organization: Town of Hartland, Maine (ME)
Auditor: Brantner Thibodeau & Assoc

AI Summary

  • Answer: The Town missed the deadline for submitting the audit package to the federal audit clearinghouse.
  • Trend: This indicates a recurring issue with timely financial adjustments and audit completion.
  • List: Follow up by ensuring financials are closed earlier and establishing a timeline for audit completion.

Finding Text

Uniform Guidance 2 CFR 200.512(a): The audit package and the data collection form shall be submitted 30 days after receipt of the auditor's report(s), or 9 months after the end of the fiscal year —whichever comes first. The Town did not have its financial adjusted and closed and audit complete in time to timely submit the reporting package to the federal audit clearinghouse.

Corrective Action Plan

The Town will put in place a process for more accurate year-end closing and financial statement preparation. Management will work with the auditor to identify and correct the problematic areas.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $166,047
90.601 Northern Border Regional Development $44,606
10.760 Water and Waste Disposal Systems for Rural Communities $14,141