Finding Text
Criteria
The 2023 Louisiana Community Development Block Grant (LCDBG) Grantee Handbook requires payments for expenditures to be disbursed within three working days of the receipt of the LCDBG funds.
Condition
The City did not disburse the funds in a timely manner.
Cause
There were inadequate policies and procedures in place to ensure that the disbursements were made timely.
Effect
The City did not comply with the grant agreement regarding timely disbursement of LCDGB funds.
Context
All seven disbursements were selected for testing. The test found that two of the disbursements were not paid withing three working days of the receipt of the LCDBG funds.
Recommendation
Adequate policies and procedures should be implemented to ensure compliance with the grant agreement regarding timely disbursement of funds.
Views of Responsible Officials and Planned Corrective Action
The City agrees with the finding and has established policies and procedures that will ensure the timely disbursement of LCDBG funds.