Finding Text
Federal Agency: Department of Transportation
Federal Program: 20.106 Airport Improvement Program
Identification Number: 3-24-0017-049-2021
Requirement: Reporting
Type of Finding: Significant deficiency in internal control over major program
Criteria: Federal revenue, federal expenditures and the recipient share are to be reported for the period Form SF-425 is being filed.
Condition: Forms SF-425, Federal Financial Report (FFR), were completed using amounts from a varying reporting period and excluded expenditures that were incurred during the reporting period.
Cause: There was no management oversight of the preparation of Form SF-425.
Effect: The Department of Transportation will not have accurate information to assess the status of each project.
Context: FFR for Grant 49 was filed with period-end date September 30, 2021 noting zero expenditures when actual expenditures were $5,500.
Repeat Finding: This finding was reported for the years ended June 30, 2021 and 2020 as 2021-002 and 2020-004, respectively, as a material weakness and noncompliance. The issue was not as severe for the year ended June 30, 2022.
Recommendation: The finance department should provide accounting records to the airport that are for the reporting period the Form SF-425 is being prepared. This will provide the Department of Transportation with an accurate accounting of where the project stands.
Views of Responsible Official(s) and Planned Corrective Actions: See corrective action plan.