Finding Text
Condition: The County approved a subrecipient?s use of Coronavirus State and Local Fiscal Recovery Funds for a debt service payment. Criteria: Department of Treasury 31 CFR Part 35 Coronavirus State and Local Fiscal Recovery Funds. The final rule provided that debt service is not an eligible use of funds. Cause of Condition: Management failed to monitor subrecipient compliance with Federal Regulations. Potential Effect of Condition: The County could be liable to return the funds. Questioned Costs: $14,039 Recommendation: The County should review the allowable costs for federal programs for compliance and monitor subrecipient use of funds for federal compliance.