Finding 622088 (2022-002)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-09-14
Audit: 51314
Organization: Leino Park Water District (MA)

AI Summary

  • Core Issue: The District lacks formal written policies for managing federal awards, which is a significant deficiency in internal controls.
  • Impacted Requirements: This situation violates the Uniform Guidance, which mandates documented policies on cash management, allowable costs, employee travel, procurement, and subrecipient monitoring.
  • Recommended Follow-Up: The District should create and implement the necessary procedures to document all required policies for federal awards compliance.

Finding Text

2022-002 U.S. Department of Agriculture Community Facilities Loans ? 10.766 Significant Deficiency in Internal Controls Over Compliance Criteria: The Uniform Guidance requires written policies regarding cash management, determination of allowable costs, employee travel, procurement and subrecipient monitoring. Condition: The District has not formalized written policies and procedures related to federal awards. Cause: The District has not formally documented internal controls over federal awards. Effect: The District is not in compliance with the Uniform Guidance requirements. Questioned Costs: None Repeat Finding from Prior Year: No Recommendation: The District should implement procedures to properly document all federal awards policies required by the Uniform Guidance. Views of Responsible Official: Management agrees with this finding.

Categories

Subrecipient Monitoring Procurement, Suspension & Debarment Allowable Costs / Cost Principles Cash Management Significant Deficiency

Other Findings in this Audit

  • 45646 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $1.08M