Medford Water Commission

EIN: 936002208

UEI: KMY6NV94BQ79

Data as of August 24, 2026

Medford Water Commission3 audit years1 findings
3
Audit Years
1
Total Findings
0
Repeat Findings

FY 2023-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on June 27, 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 December 27, 2024 (605 days ago).

What is a management decision? →
2023-001
Cost Allowability
QUESTIONED COSTS

A selection of 60 internal time charges billed to the loan were selected for testing. Of these, 3 did not match Medford Water Commission approved work rate schedules amounts. All three discrepancies related to the same employee. Cause: Clerical error in rate entry within accounting system. Effect: Drawdowns requested on loan included unallowable costs related to amounts charged for work performed by Medford Water Commission. Known questioned costs are $514. Estimate of likely questioned costs is $20,965. Estimate of likely questioned costs was calculated by projecting the known error rate to the remaining population. Recommendation: Rate changes made in system should be reviewed and documented. Response:Management concurs with this finding

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Full finding narrative

Assistance Listing Number: 66.958 Federal Agency: Environmental Protection Agency Federal Award Year: 2019 Program Title: Water Infrastructure Finance and Innovation (WIFIA) Repeat finding: No Criteria: Under 2 CFR 200, costs must not consist of improper payments, including payments that should not have been made or that were made in incorrect amounts (including overpayments and underpayments) under statutory, contractual, administrative, or other legally applicable requirements. Condition: A selection of 60 internal time charges billed to the loan were selected for testing. Of these, 3 did not match Medford Water Commission approved work rate schedules amounts. All three discrepancies related to the same employee. Cause: Clerical error in rate entry within accounting system. Effect: Drawdowns requested on loan included unallowable costs related to amounts charged for work performed by Medford Water Commission. Known questioned costs are $514. Estimate of likely questioned costs is $20,965. Estimate of likely questioned costs was calculated by projecting the known error rate to the remaining population. Recommendation: Rate changes made in system should be reviewed and documented. Response:Management concurs with this finding

Corrective Action Plan

The rates included in the budget document play a crucial role in the preparation and approval of the budget. It is the accountant's responsibility to accurately enter these rates into the financial system every year. Once entered, a senior accountant will review the recorded rates to ensure their completeness and accuracy. The review process will be documented and approved to maintain accountability and prevent or detect future clerical errors. This applies to all changes in rates or additions.

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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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