Finding 556093 (2021-003)

Material Weakness

Requirement

ABCEFGHIJLMNP

Questioned Costs

Year

2021

Accepted

2025-04-28

Audit: 354791

Organization: Incorporated Village of Freeport, New York (NY)

Auditor: Bst & CO CPAS LLP

AI Summary

Answer: The Village's SEFA had errors, including incorrect expenditures and missing federal awards.
Trend: These issues indicate a pattern of inaccuracies in financial reporting that could affect compliance.
List: Follow up by correcting the SEFA, ensuring all relevant expenditures are included, and reviewing major programs for completeness.

Finding Text

The Village’s SEFA contained errors in which expenditures that did not relate to the year ended February 28, 2021 were included in the unadjusted SEFA provided to the independent auditors at the commencement of the Uniform Guidance engagement. In addition, the Village inadvertently excluded Federal awards related to the Hurricane Sandy Community Development Block Grant Disaster Recovery Grants program, that was determined to be a major program subject to audit.

Corrective Action Plan

The Village has implemented policies and procedures to verify the completeness and accuracy of the SEFA. The Village will implement review procedures to ensure that every federal award listed in the SEFA contains the accurate value of federal expenditures

Other Findings in this Audit

556094 2021-004

Material Weakness
1132535 2021-003

Material Weakness
1132536 2021-004

Material Weakness

Programs in Audit

ALN	Program Name	Expenditures
14.269	Hurricane Sandy Community Development Block Grant Disaster Recovery Grants (cdbg-Dr)	$2.21M
14.218	Community Development Block Grants/entitlement Grants	$865,602
97.036	Disaster Grants - Public Assistance (presidentially Declared Disasters)	$155,908
16.607	Bulletproof Vest Partnership Program	$3,527
21.027	Coronavirus State and Local Fiscal Recovery Funds	$1,493