Rural Coalition has implemented clear, standardized procedures for all program and services.
We have also implemented a comprehensive review of current resource allocation and set in
place a more effective budget management plan so the grant funds can be managed efficiently
removing the reporting backlog we believe we will no longer face.
Views of Responsible Officials and Planned Corrective Actions:
In Fiscal Year 2023 we are still managing additional complex projects, and though we closed
out our grant reporting and deliverables sooner, the delay in the start and therefore the completion of the FY 2022 still left us behind schedule. We completed the close out process
much more quickly with new procedures in place, but we are still delayed.
We also once again had an increased workload corresponding to additional grant funds, which
coupled with the backlog we faced, we exacerbated the challenges surrounding this year’s year end closing process. We moved during late FY 2023 to a new credit card that allowed us to
collect and code receipts as expenditures were made, and this helped us for 2024 get closer to a quicker closeout.
Our FY 2024 audit is now underway and we believe for 2024 we will be able to complete the
single audit in time to meet the deadline for submitting the single audit report to the Office of
Management and Budget. We guarantee that in future years, the year-end closing will be
completed earlier now that we have overcome the backlog and have developed and
implemented the necessary systems. We also guarantee that we will start the single audit
within 4 months after the fiscal year-end and that the single audit will be completed timely
moving forward.