Finding Text
Criteria—As outlined within the compliance and reporting requirements of the U.S. Department of
the Treasury, the City is required to submit interim and quarterly reports to the Department of the
Treasury that detail the City’s use of Coronavirus State and Local Fiscal Recovery Fund expenditures.
Condition and Context—We found that the amounts recognized as revenue within the financial
statements were not reported in a timely manner.
Cause—The City did not comply with the compliance reporting requirements of the U.S. Department
of the Treasury.
Effect or Potential Effect—Noncompliance with the reporting requirements of the U.S. Department of
the Treasury.
Recommendation—We recommend that the City amend future reports to ensure that amounts
reported to the Department of the Treasury align with the amounts recognized as expenditures within
the City’s financial accounting system.
View of Responsible Officials and Planned Corrective Action Plan—The City will update amounts
and descriptions within the Department of Treasury’s reporting portal to ensure all amounts expended
are properly reported.