Finding Text
Finding 2022-001: Late Reporting and Noncompliance with Reporting Requirements: Federal Agency: U.S. Department of Commerce Federal Program: 11.300 Investments for Public Works and Economic Development Facilities Grant Number: 07-01-07499 Award Year: 2022 Type of Finding: Significant Deficiency/Noncompliance Opinion: Unmodified Condition: The City did not adhere to the Uniform Guidance requirement of submitting the reporting package within the earlier of 30 days after receipt of the audit report, or nine months plus any extensions after the end of the audit period, (i.e. the FAC Report was not submitted timely.) Criteria: The Uniform Guidance requires that the reporting package be submitted within the earlier of nine months, plus any extensions, after year end or 30 days after the report issuance in accordance with the provisions of 2 CFR part 200, subpart F, section 200.512. Context: The FAC report was not submitted within the required time period. Cause: Due to delays in the audit of Nome Joint Utilities (Component Unit) the City was unable to complete the audit within the required reporting timeline. Effect: The City is not in compliance with Uniform Guidance reporting requirements. Questioned Costs: None. Recommendation: Nome Joint Utilities should complete their audit in a more timely manner so the City can comply with their reporting requirements. Management Response: Management concurs with this finding. See Corrective Action Plan.