FAC Explorer

Finding 561416 (2024-003)

Material Weakness
Requirement
J
Questioned Costs
-
Year
2024
Accepted
2025-05-23
Audit: 357001
Organization: City of Jackson (KY)
Auditor: Kelley Galloway Smith Goolsby Psc

AI Summary

  • Answer: The City lacks proper procedures to identify federal spending for reporting.
  • Trend: This issue may lead to inaccurate financial reporting and compliance risks.
  • List: Recommend developing clear procedures for tracking and reporting federal expenditures.

Finding Text

The City has insufficient procedures over the process for identifying federal expenditures for reporting on the City's Schedule of Expenditures of Federal Awards.

Corrective Action Plan

The City will review current processes and realign Immediately duties and processes to improve internal controls within the identification of federal award expenditures.

Categories

Reporting

Other Findings in this Audit

  • 561417 2024-003
    Material Weakness
  • 1137858 2024-003
    Material Weakness
  • 1137859 2024-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
97.039 Hazard Mitigation Grant $2.38M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $206,156
21.027 Coronavirus State and Local Fiscal Recovery Funds $104,650
10.766 Community Facilities Loans and Grants $17,400
20.600 State and Community Highway Safety $7,107