EIN: 841117140
UEI: KQT9C2G5LVF7
Audited by: BiggsKofford
Oversight agency: 10 [Department of Agriculture]
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Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on September 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 March 26, 2026 (156 days ago).
What is a management decision? →Under the District's USDA Community Facilities loan agreement, the District is required to administer a loan reserve account and a capital asset replacement reserve in which monthly deposits are to be made until the minimum reserve amounts are reached. Criteria: 37 CFR 1942.17(i) Questioned Costs: $0 Context: The District was not properly administering the loan and capital asset replacement reserve accounts as outlined in their USDA loan agreement. Cause: There was oversight by management of the applicable reserve requirements as contained in the loan agreement. Effect: The District did not fund the applicable reserve accounts for the year ended December 31, 2024. Recommendation: We recommend the District review the requirements and establish the minimum reserve funds in future periods as outlined in the loan agreement. View of Responsible Offical and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Show full finding ▾Hide full finding ▴USDA Community Facilities Loan Reserve Accounts Material Weakness U.S. Department of Agriculture ALN #: 10.766 Community Facilities Loans and Grants Cluster Federal Award Identification #: CPAP000001205294 Condition: Under the District's USDA Community Facilities loan agreement, the District is required to administer a loan reserve account and a capital asset replacement reserve in which monthly deposits are to be made until the minimum reserve amounts are reached. Criteria: 37 CFR 1942.17(i) Questioned Costs: $0 Context: The District was not properly administering the loan and capital asset replacement reserve accounts as outlined in their USDA loan agreement. Cause: There was oversight by management of the applicable reserve requirements as contained in the loan agreement. Effect: The District did not fund the applicable reserve accounts for the year ended December 31, 2024. Recommendation: We recommend the District review the requirements and establish the minimum reserve funds in future periods as outlined in the loan agreement. View of Responsible Offical and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding Number: 2024-003 USDA Community Facilities Loan Reserve Accounts Planned Corrective Action: We will review the loan terms and conditions to evaluate the amounts required to be in the applicable loan reserve accounts, and will bring the reserve accounts to the required balances. Person Responsible for Corrective Action: Gabriel Moreno, Executive Director. Anticipated Date of Completion: December 31, 2025
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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