Finding Text
2023-001 Reporting – Coronavirus State and Local Fiscal Recovery Funds Assistance
Listing Number 21.027 Grant Period - Year Ended April 30, 2023 Criteria: In accordance with the grant agreement the Village was required to submit
periodic financial reports to the Illinois Department of Commerce and Economic
Opportunity as outlined on the schedule provided within the agreement. Condition: The Village failed to submit the periodic performance report and periodic
financial report for the period ending December 31, 2022, in a timely manner. We
consider this to be an instance of non-compliance relating to the Reporting
Compliance Requirement. Effect: The result is that the Village did not submit the required information to the
Illinois Department of Commerce and Economic Opportunity in a timely fashion. Cause: The condition was an administrative oversight. Recommendation: We recommend the Village increase controls over reporting. Views of Responsible Officials: Management agrees with the Single Audit finding
and a response is included in the Corrective Action Plan.