EIN: 720929219
UEI: DWSBHBMP1RK6
Audited by: M. Carleen Dumas, CPA
Oversight agency: 21 [Department of the Treasury]
View federal awards & risk assessment →
Data as of August 30, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on May 26, 2025. 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 November 26, 2025 (278 days ago).
What is a management decision? →Expenditures from federal grant revenue were not recorded in the Village’s accounting records and there were several posting errors related to the recording of the federal grant revenue.Cause: Oversight. Effect: Federal award transactions could possibly be excluded from the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal award revenue and expenditures should be recorded as transactions of the Water System Enterprise Fund in the accounting software. Management’s Response: The accounting records for the federal award revenues and expenditures have been properly maintained for calendar year 2025.
Show full finding ▾Hide full finding ▴Failure to Maintain Complete Accounting Records for Federal Awards. Criteria: Title 2 U.S. Code of Federal Regulations (CFR) Section 200.303 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires that the Village establish and maintain internal control over federal awards that provide reasonable assurance that the Village is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal award. One of the objectives of internal control over compliance is to ensure that federal transactions are properly recorded and accounted for in order to permit the preparation of reliable financial statements, including the Schedule of Expenditures of Federal Awards. Condition: Expenditures from federal grant revenue were not recorded in the Village’s accounting records and there were several posting errors related to the recording of the federal grant revenue.Cause: Oversight. Effect: Federal award transactions could possibly be excluded from the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal award revenue and expenditures should be recorded as transactions of the Water System Enterprise Fund in the accounting software. Management’s Response: The accounting records for the federal award revenues and expenditures have been properly maintained for calendar year 2025.
Corrective Action Planned: The accounting records for the federal award revenues and expenditures have been properly maintained for 2025. Person Responsible for Corrective Action: Alisha Middleton, Clerk. Anticipated Completion Date: December 31, 2025.
2023-002
FAC accepted this audit on July 10, 2024 — management decision was due January 10, 2025.
The federal award transactions were not recorded in the Village’s accounting records. Cause: The accounting software that the Village uses to maintain its other accounting records was not compatible with establishing and maintaining the accountingcords for the federal awards transactions. Effect: Federal award transactions could possibly be excluded from the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal award transactions should be recorded as transactions of the Water System Enterprise Fund in the accounting software.
Show full finding ▾Hide full finding ▴Failure to Maintain Complete Accounting Records for Federal Awards Critera: Title 2 U. S. Code of Federal Regulations (CFR) Section 200.303, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires that the Village establish and maintain internal control over federal awards that provide reasonable assurance that the Village is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal award. One of the objectives of internal control over compliance is to ensure that federal transactions are properly recorded and accounted for in order to permit the preparation of reliable financial statements, including the Schedule of Expenditures of Federal Awards. Condition: The federal award transactions were not recorded in the Village’s accounting records. Cause: The accounting software that the Village uses to maintain its other accounting records was not compatible with establishing and maintaining the accountingcords for the federal awards transactions. Effect: Federal award transactions could possibly be excluded from the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal award transactions should be recorded as transactions of the Water System Enterprise Fund in the accounting software.
Corrective Action Planned: The Village of Lisbon will include all future federal award transactions as part of the Water System Enterprise Fund in the accounting software. Person Responsible for Corrective Action: Alisha Middletom, Clerk. Anticipated Completion Date: June 14, 2024
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.
Browse other Single Audit organizations in Louisiana →
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and filing records.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.
