Finding Text
2023-001 – Reporting to the Federal Government
U.S. DEPARTMENT OF TREASURY
COVID-19 Coronavirus State and Local Recovery Funds
Federal Assistance Listing Number 21.027
Compliance Requirement: Reporting
Type of Finding: Compliance and Internal Control over Compliance – Other Matter
Criteria or Specific Requirement: Grantees must comply with reporting requirements established by the U.S. Treasury that includes the total grant expenditures incurred for the reporting period. Since the Town is a Non-Entitlement Unit that received less than $10 million in funding, the Town was required to submit a project and expenditure report by April 30, 2022, and annually thereafter.
Condition: The electronic report the Town submitted to the U.S. Treasury on April 30, 2023, reported the incorrect amount for total expenditures.
Questioned Costs: None Reported.
Context: The Town filed the required project and expenditure report in a timely manner. However, while submitting the report the Town entered the incorrect amount for total expenditures.
Effect: The expenditures reported on the Town’s project and expenditure report did not match the accounting records.
Cause: The Town entered the incorrect amount when submitting the report.
Recommendation: Management should correct the report in the next reporting submission.
Views of Responsible Officials and Planned Corrective Actions: Management made a good faith effort to correctly report its expenditures to the Treasury Department but made an error while filling out the report. Management will rectify the issue with the next submission in accordance with U.S. Department of Treasury’s recommended guidance.