EIN: 846000762
UEI: GDB1EPFH8JR9
Data as of August 26, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on November 9, 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 9, 2022 (1571 days ago).
What is a management decision? →We noted three months where the required fare revenues were not properly included on the requests for reimbursement, thereby excluding those revenues for consideration against the amounts requested to be reimbursed. Questioned Costs: None. Context: We tested each of the monthly requests for reimbursement submitted to the Colorado Department of Transportation for the year ended December 31, 2020. In our testing, we found that the following months fare revenues were not included in such reimbursements: Effect: Not reporting the fare box revenues in the monthly requests for reimbursement could result in improper overpayments to the County. Cause: The personnel responsible for preparing the monthly reimbursement reports believed there were no revenues to report, due to the closures and temporary cessation of transit operations caused by the COVID-19 pandemic. Identification as a repeat finding: Not applicable. Recommendation: We recommend the County implement an additional review process, where the monthly requests for reimbursement are reviewed prior to submittal and that all fare box revenue reports are downloaded from the County?s accounting software, and retained for reference, even in months where the revenues are believed to be $0. Additionally, the County should utilize incurred expenses after any vendor credits or returns, instead of gross incurred expenses. Views of Responsible Officials and Planned Corrective Action: The County agrees with the finding. See separate auditee document at pages H7 for planned corrective actions.
Show full finding ▾Hide full finding ▴Finding: Cash Management CFDA No. 20.509 Formula Grants for Rural Areas Department of Transportation, Award Numbers ? 20-HTR-ZL-03079 and 20-HTR-ZL-03232, Award Year 2020 Passed-through Colorado Department of Transportation Criteria: In accordance with Uniform Guidance 2 CFR section 200.305(b)(5) and the above-mentioned grant awards, the County, to the extent available, must disburse funds available from program income before requesting federal cash draws. In other words, the County must submit monthly requests for operating and administrative expense reimbursements net of any fare box or bus pass revenues earned. Condition: We noted three months where the required fare revenues were not properly included on the requests for reimbursement, thereby excluding those revenues for consideration against the amounts requested to be reimbursed. Questioned Costs: None. Context: We tested each of the monthly requests for reimbursement submitted to the Colorado Department of Transportation for the year ended December 31, 2020. In our testing, we found that the following months fare revenues were not included in such reimbursements: Effect: Not reporting the fare box revenues in the monthly requests for reimbursement could result in improper overpayments to the County. Cause: The personnel responsible for preparing the monthly reimbursement reports believed there were no revenues to report, due to the closures and temporary cessation of transit operations caused by the COVID-19 pandemic. Identification as a repeat finding: Not applicable. Recommendation: We recommend the County implement an additional review process, where the monthly requests for reimbursement are reviewed prior to submittal and that all fare box revenue reports are downloaded from the County?s accounting software, and retained for reference, even in months where the revenues are believed to be $0. Additionally, the County should utilize incurred expenses after any vendor credits or returns, instead of gross incurred expenses. Views of Responsible Officials and Planned Corrective Action: The County agrees with the finding. See separate auditee document at pages H7 for planned corrective actions.
Finding: During Eagle County Government?s 2020 Single Audit brought forth a finding which required a Corrective Action Letter or Plan. The following item related to ECO Transit?s federal grant reimbursements in 2020: Reporting is an applicable compliance section for program 20.509 and the program revenues were under reported by about 129k in March 2020 (did not report the fair box amount against expenses). Ultimately ECO did not get too much federal funding because there are grant limits and ECO had expenses sufficient to receive the full grant, and thus did not incur a liability. Corrective Action Plan: ECO Transit described the auditor?s finding of an error in failing to account for fare revenues (farebox and pass sales) received during March 2020, June 2020, and October 2020 which CDOT acknowledged and understood. CDOT and ECO Transit are currently contracting for additional federal funding, consisting of CRSSA & Winter Surge dollars. The Winter Surge portion is funding from the original CARES Act which was held back by CDOT to assist agencies with dealing with additional winter season transit demands. CDOT recommended that the new funds, which will be eligible for reimbursement of expenses since October 2020, should incorporate the fare revenue previously missed. As a corrective action, ECO Transit will include the fare revenues from March, June, and October 2020, as well as the additional fare revenues received during the subject month, in the first reimbursement submission under this contract. Anticipated Completion Date: This has been completed. Responsible Individuals: Jared Barns, Planning Manager ECO Transit
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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