EIN: 576001075
UEI: FDKHP8B4BAQ9
Audited by: KENNETH COBB & COMPANY, PC
Oversight agency: 21 [Department of the Treasury]
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Data as of September 7, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on August 13, 2026. 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 13, 2027 (155 days from today).
What is a management decision? →The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance. The City relies on the audit firm to prepare the financial statements and disclosures and reviews the final product. Caution must be exercised so that the auditor is not deemed to be part of the control system The City can accept this condition and concentrate on the review and approval process or prepare all financial statements and disclosures in house or hire an outside source to prepare the financial statements and disclosures. The City accepts the condition and will concentrate on the review and approval process.
Show full finding ▾Hide full finding ▴The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance. The City relies on the audit firm to prepare the financial statements and disclosures and reviews the final product. Caution must be exercised so that the auditor is not deemed to be part of the control system The City can accept this condition and concentrate on the review and approval process or prepare all financial statements and disclosures in house or hire an outside source to prepare the financial statements and disclosures. The City accepts the condition and will concentrate on the review and approval process.
The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and footnote disclosures.
2024-001
Due to a small staff size, the City does not have complete segregation of duties. The ideal internal control system would not allow one perosn to perform a transaction from beginning to end. An error in financial reporting may not be detected in a timely manner or the misappropriation of assets could be concealed. We recommend that the Council and management continue to use supervisory reviews such as monitoring financial statements and budget reports, and segregate duties where costs beneficial to do so. The City will continue to use supervisory reviews such as monitoring financial statements and budget reports, and where cost beneficial will segregate duties.
Show full finding ▾Hide full finding ▴Due to a small staff size, the City does not have complete segregation of duties. The ideal internal control system would not allow one perosn to perform a transaction from beginning to end. An error in financial reporting may not be detected in a timely manner or the misappropriation of assets could be concealed. We recommend that the Council and management continue to use supervisory reviews such as monitoring financial statements and budget reports, and segregate duties where costs beneficial to do so. The City will continue to use supervisory reviews such as monitoring financial statements and budget reports, and where cost beneficial will segregate duties.
The City relies heavily on supervisory oversight. The City has in place many internal controls to help reduce risks of financial reporting objectives and provide safeguards for the City's assets. Some of the controls are a supervisor has to review and sign off on all bank statements and reconciliations, and any journal entries. All accounts payable invoices and reports are reviewed by at least two people.
2024-002
FAC accepted this audit on July 11, 2025 — management decision was due January 11, 2026.
The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance.
Show full finding ▾Hide full finding ▴The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance.
The City staff work with the auditor in the preparation and subsequently approves all statements and disclosures before issuance.
2023-001
Due to a small staff size, the City does not have complete segregation of duties.
Show full finding ▾Hide full finding ▴Due to a small staff size, the City does not have complete segregation of duties.
The City relies heavily on supervisory oversight. The City has in place many internal controls to help reduce risks of financial reporting objectives and provide safeguards for the City's assets. Some of the controls are a supervisor has to review and sign off on all bank statements and reconciliations, and any journal entries. All accounts payable invoices and reports are reviewed by at least two people.
2023-002
FAC accepted this audit on September 6, 2024 — management decision was due March 6, 2025.
The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance.
Show full finding ▾Hide full finding ▴The City does not prepare its annual financial statements and footnote disclosures. The City staff work with the auditor in the preparation and subsequently reviews and approves all statements and disclosures before issuance.
The City staff work with the auditor in the preparation and subsequently approves all statements and disclosures before issuance.
2022-001
Due to a small staff size, the City does not have complete segregation of duties.
Show full finding ▾Hide full finding ▴Due to a small staff size, the City does not have complete segregation of duties.
The City relies heavily on supervisory oversight. The City has in place many internal controls to help reduce risks of financial reporting objectives and provide safeguards for the City's assets. Some of the controls are a supervisor has to review and sign off on all bank statements and reconciliations, and any journal entries. All accounts payable invoices and reports are reviewed by at least two people.
2022-002
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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