Finding Text
Finding 2022-005: FFATA Reporting Significant Deficiency/Noncompliance Federal Award Information Assistance Listing Number: 14.218 Program Title: Community Development Grant Federal Award Number: B-20-MW-06-0571, B-21-MC-06-0571 Federal Award Year: 2020-2021 Name of Federal Agency: U.S. Department of Housing and Urban Development Criteria: The City is required under the FFATA to report subawards greater than or equal to $30,000 using the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) by the end of the month following the month in which the subaward was made. Condition: The City did not prepare the FFATA reports for the fiscal year ended June 30, 2022. Cause of Condition: The City was not aware that the FFATA reporting requirements were applicable. Effect or Potential Effect of Condition: The City did not comply with the reporting requirements of the FFATA. Questioned Costs: No questioned costs were identified ($0). Context: The subrecipient agreements greater than $30,000 were signed and implemented during the fiscal year 2021-22, but the City did not file the necessary FFATA report. Repeat Finding: No Recommendation: We recommend that the City continue to implement procedures and controls to identify required reports and reporting deadlines and to verify that all reports required by the federal agencies are prepared, reviewed, approved, and filed with the agency in a timely manner. Management?s Response and Corrective Action: The City acknowledges LSL?s recommendation and will incorporate the recommendation in the next fiscal year.