Finding 574969 (2022-006)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2025-08-28
Audit: 365179
Organization: City of Ganado, Texas (TX)

AI Summary

  • Answer: The City did not provide a reconciled SEFA for the year ending September 30, 2022.
  • Trend: This issue stems from inadequate controls highlighted in Finding 2022-002, affecting the accuracy and timeliness of financial reporting.
  • List: To address this, implement stronger financial controls to ensure accurate SEFA preparation in future audits.

Finding Text

Condition: The City was unable to provide a reconciled SEFA for the year ending September 30, 2022.Questioned Costs: None noted.Criteria: The City is required to properly account for all federal spending and to prepare an accurate and complete SEFA for each fiscal year.Cause: The City was unable to provide a reconciled SEFA as a result of Finding 2022-002 in which controls should be in place to ensure accurate and timely financial information is available for audit.Effect: Material journal entries were required to be able to accurately report federal expenditures on the SEFA.

Corrective Action Plan

The City concurs with the recommendation. The City’s Corrective Action Plan to address the condition is to remedy finding 2022-002 and as a result of additional review controls, the City will be able to provide a reconciled SEFA each fiscal year. To ensure this, reconciliations of grant expenses and grant revenues will be completed monthly. In addition, complete and accurate files will be maintained for each grant so that an accurate and complete SEFA can be prepared at year-end that agrees to the general ledger.The City Secretary and Mayor will be responsible for ensuring that the Corrective Action Plan is implemented.The anticipated completion date is September 30, 2026.

Categories

Reporting

Other Findings in this Audit

  • 574955 2022-002
    Material Weakness
  • 574956 2022-002
    Material Weakness
  • 574957 2022-002
    Material Weakness
  • 574958 2022-002
    Material Weakness
  • 574959 2022-002
    Material Weakness
  • 574960 2022-002
    Material Weakness
  • 574961 2022-002
    Material Weakness
  • 574962 2022-004
    Significant Deficiency
  • 574963 2022-004
    Significant Deficiency
  • 574964 2022-004
    Significant Deficiency
  • 574965 2022-004
    Significant Deficiency
  • 574966 2022-004
    Significant Deficiency
  • 574967 2022-004
    Significant Deficiency
  • 574968 2022-004
    Significant Deficiency
  • 574970 2022-006
    Material Weakness
  • 574971 2022-006
    Material Weakness
  • 574972 2022-006
    Material Weakness
  • 574973 2022-006
    Material Weakness
  • 574974 2022-006
    Material Weakness
  • 574975 2022-006
    Material Weakness
  • 1151397 2022-002
    Material Weakness
  • 1151398 2022-002
    Material Weakness
  • 1151399 2022-002
    Material Weakness
  • 1151400 2022-002
    Material Weakness
  • 1151401 2022-002
    Material Weakness
  • 1151402 2022-002
    Material Weakness
  • 1151403 2022-002
    Material Weakness
  • 1151404 2022-004
    Significant Deficiency
  • 1151405 2022-004
    Significant Deficiency
  • 1151406 2022-004
    Significant Deficiency
  • 1151407 2022-004
    Significant Deficiency
  • 1151408 2022-004
    Significant Deficiency
  • 1151409 2022-004
    Significant Deficiency
  • 1151410 2022-004
    Significant Deficiency
  • 1151411 2022-006
    Material Weakness
  • 1151412 2022-006
    Material Weakness
  • 1151413 2022-006
    Material Weakness
  • 1151414 2022-006
    Material Weakness
  • 1151415 2022-006
    Material Weakness
  • 1151416 2022-006
    Material Weakness
  • 1151417 2022-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $68,503
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $20,800
21.027 Coronavirus State and Local Fiscal Recovery Funds $10,500