Finding 572445 (2021-004)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2021
Accepted
2025-08-02
Audit: 363568
Organization: City of Ithaca (NY)

AI Summary

  • Core Issue: The City missed the September 30, 2022 deadline for filing its 2021 single audit due to staff furloughs and COVID-19 challenges.
  • Impacted Requirements: OMB Memorandum M-20-26 mandates timely filing of single audits, which the City failed to meet.
  • Recommended Follow-Up: The City should prioritize resolving its filing issues to ensure future single audits are submitted on time.

Finding Text

2021-004 Late Filing of Single Audit Condition/Criteria The Office of Management and Budget (OMB) Memorandum M-20-26 requires December 31, 2021 single audits to be filed by September 30, 2022. The City did not file its single audit for the year ended December 31, 2021 timely. Cause Due to staff furloughs, COVID-19, and time consuming atypical administrative demands, the City was unable to have its audited financial statements complete timely, and was unable to meet the September 30, 2022 deadline. Context The City’s Single Audit for the years ended December 31, 2022, 2023, and 2024 will also not be filed timely. The City is working to resolve these issues and intends to file future Single Audits timely. Recommendation We recommend that the City continue working to resolve its issues with respect to timeliness, and that it file future Single Audits on time. Corrective Action Plan As noted above the City is working to resolve these issues, and intends to file its future Single Audits timely.

Categories

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Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $942,812
14.218 Community Development Block Grants/entitlement Grants $746,356
14.239 Home Investment Partnerships Program $329,707
20.205 Highway Planning and Construction $299,071
93.558 Temporary Assistance for Needy Families $181,139
97.067 Homeland Security Grant Program $55,000
16.922 Equitable Sharing Program $3,691