Finding Text
2022-001 ? Reporting ? Coronavirus State and Local Fiscal Recovery Funds ALN 21.027 U.S. Department of Treasury Criteria: The U.S. Department of Treasury established reporting requirements for local governments. These requirements established methods and timelines for reporting Coronavirus State and Local Fiscal Recovery Fund (SLFRF) expenditures to the U.S. Department of Treasury. Condition: The City completed the required reporting on the Treasury?s Portal for the SLFRF projects and expenditures for the first three quarters of 2022, however quarter two and three were not updated for new projects initiated during the respective periods and only included those projects reported in quarter one. Furthermore, the City did not complete the required program reporting for fourth quarter of 2022. Context: During our review of the quarterly project and expenditure reports, we were only able to agree quarter one of 2022 to the City?s accounting records. Quarter two and three reports contained only projects listed in quarter one report but did not include the additional projects allocated during the second and third quarter of 2022. The City did not complete the fourth quarter reporting as required. Effect: The City was not in compliance with reporting requirements in 2022. Cause: Lack of knowledge and sufficient internal controls over the reporting requirements of the SLFRF program. Recommendation: We recommend the City improve controls over reporting requirements associated with this program, including having individuals responsible for monitoring and reporting program activity obtain a better understanding of the reporting requirements of the Treasury reporting portal.