Finding Text
CFDA Title: Clean Water State Revolving Fund and Water and Waste Disposal Systems for Rural Communities CFDA Number: 10.760 and 66.458 Federal Award Number and Year: N/A Name of Federal Agency: USDA Name of Pass- Through Entity: Direct, Montana Department of Natural Resources Condition: The City did not complete and submit its annual financial report (AFR) within 6 months of the end of the reporting period. The city did not submit its audit report within 12 months of the end of the audit period. The city did not submit annual performance reports to the USDA as required. Criteria: In accordance with MCA 7-6-611(2)(a), an AFR must be completed and filed with the Montana Department of Administration within 6 months of the City’s fiscal year end. In accordance with MCA 7-6-611(2)(b), an audit report must be completed and filed with the Montana Department of Administration within 12 months of the end of the audited period. Effect: The City is out of compliance with MCA regulations and USDA grant terms. Cause: The City had turnover in both its management functions and accounting positions making it difficult for the new staff to catch up. Recommendation: The finance department should ensure the timely completing and filing of its AFR and audit.