CITY OF HOPE

EIN: 480682505

UEI: GSA_MIGRATION

Data as of August 23, 2026

CITY OF HOPE1 audit years1 findings
1
Audit Years
1
Total Findings
0
Repeat Findings

FY 2019-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on November 11, 2021. 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 May 11, 2022 (1565 days ago).

What is a management decision? →
2019-001
Activities Allowed or Unallowed / Cost Allowability / Procurement & Suspension/Debarment / Reporting
MATERIAL WEAKNESS

There is inadequate segregation of duties with respect to the financial recordkeeping functions. The clerk is responsible for most recordkeeping and reconciliation activities with little rotation or cross-checking of duties. Criteria: Internal controls should be in place to segregate duties, where possible, and to monitor the duties of the clerk. Effect: The clerk could cease performing their duties or make errors with the situation not being timely detected. Cause: The City is very small with few administrative personnel. Recommendation: Procedures should be implemented to segregate and rotate duties, where possible. In addition, the mayor and city council should review detailed transactions and bank statements on a regular and consistent basis. Views of Responsible Officials and Planned Corrective Actions: We agree with the recommendation. The mayor and council will continue to monitor duties performed by administrative personnel and contract for assistance as necessary.

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Full finding narrative

SECTION II - FINANCIAL STATEMENT FINDINGS 2019-001 Condition: There is inadequate segregation of duties with respect to the financial recordkeeping functions. The clerk is responsible for most recordkeeping and reconciliation activities with little rotation or cross-checking of duties. Criteria: Internal controls should be in place to segregate duties, where possible, and to monitor the duties of the clerk. Effect: The clerk could cease performing their duties or make errors with the situation not being timely detected. Cause: The City is very small with few administrative personnel. Recommendation: Procedures should be implemented to segregate and rotate duties, where possible. In addition, the mayor and city council should review detailed transactions and bank statements on a regular and consistent basis. Views of Responsible Officials and Planned Corrective Actions: We agree with the recommendation. The mayor and council will continue to monitor duties performed by administrative personnel and contract for assistance as necessary.

Corrective Action Plan

The findings for the December 31, 2019 audit are discussed below: 2019-001 Inadequate segregation of duties Recommendation: Procedures should be implemented to segregate and rotate duties, where possible. Action Taken: We agree with the recommendations and will segregate duties as allowed by available personnel. The mayor and city council will also continue to monitor duties performed by the administrative personnel and contract for professional assistance as necessary.

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Procurement and Suspension and Debarment, Reporting →

Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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