FAC Explorer

Finding 560845 (2024-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2025-05-19
Audit: 356601
Organization: Town of Templeton (MA)
Auditor: Roselli Clark and Associates

AI Summary

  • Core Issue: The Town lacks written policies for managing federal awards, which is a requirement under the Uniform Guidance.
  • Impacted Requirements: This deficiency affects compliance with cash management, allowable costs, employee travel, procurement, and subrecipient monitoring policies.
  • Recommended Follow-Up: The Town should create and implement documented procedures for all required federal awards policies.

Finding Text

2024-001 U.S. Department of Treasury COVID-19 – Coronavirus State and Local Fiscal Recovery Funds – AL# 21.027 Significant Deficiency in Internal Controls over Compliance and Other Matter Finding Criteria: The Uniform Guidance requires written policies regarding cash management, determination of allowable costs, employee travel, procurement and subrecipient monitoring. Condition: The Town has not documented in writing its policies regarding federal awards. Cause: Lack of documentation of policies and procedures. Effect: The Town is not in compliance with the Uniform Guidance requirements. Questioned Costs: None Repeat Finding from Prior Year: No. Recommendation: The Town should implement procedures to properly document all federal awards policies required by the Uniform Guidance. Views of Responsible Official: Management agrees with the finding.

Corrective Action Plan

Finding 2024-001 Condition: The Town has not documented in writing its policies regarding federal awards. Corrective Action Planned: In conjunction with the Town Administrator and Accountant, the Select Board will establish a written policy based on Uniform Guidance regarding cash management, determination of allowable costs, employee travel, procurement and subrecipient monitoring pertaining to federal awards. Anticipated Completion Date: December 31, 2025 Contact: Holly Young, Interim Town Administrator

Categories

Subrecipient Monitoring Allowable Costs / Cost Principles Procurement, Suspension & Debarment Cash Management Significant Deficiency

Other Findings in this Audit

  • 1137287 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.11M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $58,120
97.039 Hazard Mitigation Grant $9,634
97.042 Emergency Management Performance Grants $2,883