2023 Sarasota County Annual Comprehensive Financial Report

SARASOTA COUNTY, FLORIDA SCHEDULE OF FINDINGS AND QUESTIONED COSTS- FEDERAL PROGRAMS AND STATE PROJECTS For The Year Ended September 30, 2023 SECTION II – FINANCIAL STATEMENT FINDINGS None noted SECTION III – FEDERAL AWARD STATE PROJECT FINDINGS 2023-001 – Material Weakness – Internal Controls over Reporting and Noncompliance Department of Housing and Urban Development – Direct Program – CDGB Entitlement Grants Cluster – ALN 14.218 – Program Year 2023 Criteria – 2 CFR section 200.303 – Internal Controls of the Uniform Guidance states that the nonfederal entity must (a) establish and maintain effective internal controls over federal award that provides reasonable assurance that the non-federal entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. These internal controls should be in compliance with guidance in “Standards in Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control by the Committee of Sponsoring Organizations of the Treadway Commission (COSO)”. 2 CFR Part 170 requires non-federal entities making first-tier subawards of federal funding to comply with the reporting requirements of the Federal Funding Accountability and Transparency Act of 2006 (FFATA) (Public Law 109-282), as amended by section 6202 of Public Law 110-252. Compliance with FFATA requires prime recipients, to report certain information about subawards to the FFATA Subaward Reporting System (FSRS) by the end of the month, plus 30 days, in which the award is made. Condition – The County did not report required information about subawards made under Assistance Listing No. 14.218 to the FSRS as required by FFATA within the timeline required. There were 7 subawards not reported representing $2,417,617 in total. Cause/Effect – The County did not have internal controls in place to ensure accurate and timely subaward information is reported to the FSRS. Questioned Costs – None Auditor’s Recommendation – We recommend that the County have policies in place to ensure information is reported to the FSRS as required by FFATA. Management Response – See Corrective Action Plan Letter 407

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