EIN: 046001248
UEI: HV3HVME7KZX9
Data as of August 27, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on August 29, 2023. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by February 29, 2024 (910 days ago).
What is a management decision? →2022-001 Document Policies and Procedures Over Federal Awards Federal Program(s) Information Cluster/Program: All federal programs Type of Finding Compliance- Other Matters Criteria or Specific Requirement OMB?s Uniform Administrative Requirements. Cost Principles, and Audit Requirements for Federal Awards established significant requirements related to federal awards. The requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial and program management. Specifically, written policies are required for the following: Cash management Determination of allowable costs Program income Eligibility determination Equipment and real property management Period of performance Procurement Subrecipient monitoring and management Condition and Context The Town has not formalized written policies and procedures related to federal awards as required under the Uniform Guidance. Specifically, there are no formalized written policies for cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of performance. Additionally, the existing written policies for procurement do not include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment, as required by the Uniform Guidance. Cause Weakness in the design of internal controls. Effect or Potential Effect There are no questioned costs as there are no costs directly associated with this compliance requirement, and this is a procedural requirement under the Uniform Guidance. Recommendation The Town should address the weakness in internal controls noted above in order to comply with the Uniform Guidance. Views of Responsible Officials Management agrees with the finding and management?s corrective action plan is included at the end of this report after the Schedule of Prior Year Findings.
Show full finding ▾Hide full finding ▴2022-001 Document Policies and Procedures Over Federal Awards Federal Program(s) Information Cluster/Program: All federal programs Type of Finding Compliance- Other Matters Criteria or Specific Requirement OMB?s Uniform Administrative Requirements. Cost Principles, and Audit Requirements for Federal Awards established significant requirements related to federal awards. The requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial and program management. Specifically, written policies are required for the following: Cash management Determination of allowable costs Program income Eligibility determination Equipment and real property management Period of performance Procurement Subrecipient monitoring and management Condition and Context The Town has not formalized written policies and procedures related to federal awards as required under the Uniform Guidance. Specifically, there are no formalized written policies for cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of performance. Additionally, the existing written policies for procurement do not include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment, as required by the Uniform Guidance. Cause Weakness in the design of internal controls. Effect or Potential Effect There are no questioned costs as there are no costs directly associated with this compliance requirement, and this is a procedural requirement under the Uniform Guidance. Recommendation The Town should address the weakness in internal controls noted above in order to comply with the Uniform Guidance. Views of Responsible Officials Management agrees with the finding and management?s corrective action plan is included at the end of this report after the Schedule of Prior Year Findings.
Audit Finding Reference: 2022-001 Planned Corrective Action: The Town plans to formalize written policies and procedures related to Federal awards as required under Uninform Guidance. Specifically, there will be formalized written policies regarding cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of availability. Additionally, the written policies around procurement will include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment. Name of Contact Person: Laurianne Galvin, Acting Finance Director Finance Department 235 North Street North Reading, MA 01864 Phone: 978-357-5224 Email: lgalvin@northreadingma,gov Anticipated Date of Completion: between September 30, 2023 and October 31, 2023. The Town?s Select Board must approve this written policy and approval is dependent upon their meeting schedule, which could be inconsistent during the summer months.
2021-001
FAC accepted this audit on April 26, 2023 — management decision was due October 26, 2023.
Federal Program(s) Information Cluster/Program: All federal Programs Type of Finding Compliance- Other Matters Criteria or Specific Requirement OMB?s Uniform Administrative Requirements. Cost Principles, and Audit Requirements for Federal Awards (UG) established significant requirements related to Federal awards. The requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial and program management. Specifically, written policies are required for the following: ? Cash Management ? Determination of allowable costs ? Program Income ? Eligibility determination ? Equipment and real property management ? Period of Performance ? Procurement ? Subrecipient monitoring and management Condition and Context The Town has not formalized written policies and procedures related to Federal awards as required under Uninform Guidance. Specifically, there are no formalized written policies around cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of availability. Additionally, the written policies around procurement do not include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment. Cause Weakness in the formal documentation of internal controls. Effect There are no questioned costs as there are no costs directly associated with this compliance requirement. Views of Responsible Official and Planned Corrective Action Management?s views and corrective action plan is included at the end of this report after the summary schedule of prior year audit findings and status.
Show full finding ▾Hide full finding ▴Federal Program(s) Information Cluster/Program: All federal Programs Type of Finding Compliance- Other Matters Criteria or Specific Requirement OMB?s Uniform Administrative Requirements. Cost Principles, and Audit Requirements for Federal Awards (UG) established significant requirements related to Federal awards. The requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial and program management. Specifically, written policies are required for the following: ? Cash Management ? Determination of allowable costs ? Program Income ? Eligibility determination ? Equipment and real property management ? Period of Performance ? Procurement ? Subrecipient monitoring and management Condition and Context The Town has not formalized written policies and procedures related to Federal awards as required under Uninform Guidance. Specifically, there are no formalized written policies around cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of availability. Additionally, the written policies around procurement do not include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment. Cause Weakness in the formal documentation of internal controls. Effect There are no questioned costs as there are no costs directly associated with this compliance requirement. Views of Responsible Official and Planned Corrective Action Management?s views and corrective action plan is included at the end of this report after the summary schedule of prior year audit findings and status.
TOWN OF NORTH READING CORRECTIVE ACTION PLAN1, 2 Audit Finding Reference: 2021-001 Planned Corrective Action: The Town plans to formalize written policies and procedures related to Federal awards as required under Uninform Guidance. Specifically, there will be formalized written policies regarding cash management, allowable costs, program income/requesting reimbursement, eligibility determination, equipment and real property management, subrecipient monitoring, and period of availability. Additionally, the written policies around procurement will include standards of conduct over conflicts of interest and procedures for evaluating vendors for suspension and debarment. Name of Contact Person: Laurianne Galvin, Acting Finance Director Finance Department 235 North Street North Reading, MA 01864 Phone: 978-357-5224 Email: lgalvin@northreadingma,gov Anticipated Date of Completion: Between July 31, 2023 and September 30, 2023. The Town?s Select Board must approve this written policy and approval is dependent upon their meeting schedule, which could be inconsistent during the summer months.
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