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HomeMy WebLinkAboutFed Assistd Grant Prgms for FY June 30, 2009CITY OF PALM DESERT FINANCE DEPARTMENT Staff Report REQUEST: RECEIVE AND FILE THE SINGLE AUDIT OF FEDERALLY ASSISTED GRANT PROGRAMS FOR THE FISCAL YEAR ENDED JUNE 30, 2009 DATE: March 25, 2010 SUBMITTED BY: Paul S. Gibson, Finance Director CONTENTS: Single Audit Report for the Fiscal Year Ended June 30, 2009 Recommendation By Minute Motion, that the City Council receive and file the single audit report of Federally Assisted Grant Programs for fiscal year ended June 30, 2009. Committee Recommendation The Audit, Investment and Finance Committee received the single audit report at their March 23, 2010 meeting, and it was recommended that the report for the fiscal year ended June 30, 2009 be received and filed by the City Council. Background The Single Audit Act and Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non -Profit Organizations, requires non-federal entities that expend equal to or in excess of $500,000 in a fiscal year in federal awards to have an audit performed in accordance with the Single Audit Act. The City was required to undergo an audit of federal funds it received because the City expended more than $500,000 in the year ended June 30, 2009. On Page 5 of the Single Audit of Federally Assisted Grant Programs, a detail of federal expenditures is given. The City's Community Development Block Grant represents the majority of expenditures totaling $410,076. In total, the City expended $518,912 for the year ended June 30, 2009. The City did not expend more than $500,000 in the previous year ended June 30, 2008. Therefore, it was not required to undergo a single audit. Diehl, Evans & Company, LLP, was hired to perform and complete an audit on the Schedule of Federal Financial Assistance for the fiscal year ended June 30, 2009. As G:\Finance\Niamh Ortega\Staff Reports\Audit staff reports\Audit Staff Reports 2009\SR - Council single audit 2009.docx Staff Report Approval of Single Audit Report for Fiscal Year ended June 30, 2009 March 25, 2010 Page 2 of 2 stated in their opinion found on Page 3 of the report, "the City of Palm Desert, California complied, in all material respects, with the requirements ... that are applicable to its major federal program for the year ended June 30, 2009." Staff requests that the Council receive and file the single audit report for fiscal year ended June 30, 2009. Fiscal Impact There is no fiscal impact associated with this action. Submitted by: Paul S. Gibson, Finance Director/City Treasurer PSG:JLE:nmo Approved by: ohn M. Wohlmuth, City Manager CITY COUNCIL ACTION APPROVED 17 DENIED RECEIVED .OTHER MEETING DATE • AYFs• &itsro, Fcdrernri1 /19, . qp e / y NOES: A/ C /9 e. ABSENT: NABSTAIN: "i h/; VERIFIED I3Y: %ni':,��'l Original an File with City Clerk'sftice G:\Finance\Niamh Ortega\Staff Reports\Audit staff reports\Audit Staff Reports 2009\SR - Council single audit 2009.docx