Finding Text
Financial Reporting - AmeriCorps Program – Assistance Listing No. 94.006;
Grant No. 23-631-7004-00064; Grant Period: Year ended June 30, 2023;
Pass-through entity name: New Mexico Department of Workforce Solutions
Criteria and Condition: In accordance with the contracted agreement, federal financial reports are required to be submitted semi-annually, no later than 25 days after the reporting period ends. The program has not complied with this requirement.
Context: Audit procedures identified the report for the period ended March 31, 2023 was due by April 30, 2023. The report was filed on May 16, 2023.
Cause: Program employees did not request an extension to file in order to accumulate all applicable contract costs for the reporting period and the report was filed late.
Effect: The program did not comply with applicable compliance requirements.
Questioned Costs: This finding does not result in questioned costs.
Recommendation: Procedures should be developed to ensure filing of applicable federal reports within the compliance period.
Views of Responsible Officials and Planned Corrective Actions: The responsible officials plan on utilizing a calendar tracking tool for reporting deadlines to ensure reports are being submitted on time within the guidelines of the agreements.