Finding 962620 (2023-004)

2023 – 004 Federal Agency: Department of Treasury Federal Program Name: Coronavirus State & Local Fiscal Recovery Fund Assistance Listing Numbers: 21.027 Federal Award Identification Number and Year: SLFRP1746, grants were awarded within the 2022-23. Award Period: July 1, 2022, through June 30, 2023 Type of Finding: Significant Deficiency in Internal Control over Compliance and Other Matters Criteria or Specific Requirement: The Code of Federal Regulations, 2 CFR 200.303, non-Federal entities receiving Federal awards are required to establish and maintain internal controls designed to reasonably ensure compliance with federal laws, regulations, and program compliance requirements. There are two components to reporting for Coronavirus State & Local Fiscal Recovery Funds: 1.) Obligation and Expenditures - Quantifiable objective criteria: Reported obligations and expenditures include Current period obligation, Cumulative obligation, Current period expenditure, and Cumulative expenditure. 2.) Capital Expenditures - Quantifiable Objective Criteria: The recipient has the required written justification in their grant file if the total of the capital expenditures costs in a project is greater than or equal to $1 million and less than $10 million. Condition: The University did not have support of the required reports being completed or submitted. Questioned Costs: N/A Context: The University did not have support of the required reports being completed or submitted. Cause: The University’s policies and procedures did not ensure that grant reporting requirements were timely and accurately met. Effect: The University is not complying with awarding requirements, which could affect the amount of Federal funding received. Repeat Finding: No. Recommendation: The University should evaluate their procedures and review their policies surrounding review of grant reporting requirements.