City of Berea

EIN: 616001787

UEI: FA6TBD68BJJ4

Data as of August 24, 2026

City of Berea8 audit years1 findings
8
Audit Years
1
Total Findings
0
Repeat Findings

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on October 28, 2024. 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 April 28, 2025 (483 days ago).

What is a management decision? →
2024-001
Cost Allowability

The City failed to have internal controls to properly identify expenditures qualifying for federal reimbursement and to exclude expenditures previously requested.

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Full finding narrative

The City failed to have internal controls to properly identify expenditures qualifying for federal reimbursement and to exclude expenditures previously requested.

Corrective Action Plan

The City has already made contact with the funding source to discuss next steps for remediation. The City has brought the issue to the attention of the third-party who prepares grant draw requests for the Owsley Fork Reservoir project. For future draw requests, the project manager will reconcile the costs included in the request with the financial accounting system prior to submission of the request. The project manager will ensure reimbursement requests are prepared and submitted at regular intervals. The finance department will match project expenditures to grant revenue received.

About Allowable Costs / Cost Principles →

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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