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AgdaPkt 2013-01-28
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AgdaPkt 2013-01-28
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Last modified
2/23/2015 4:29:34 PM
Creation date
1/24/2013 6:45:39 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
1/28/2013
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City of Redwood City 6.1.F. - Page 177 <br /> Single Audit Reports <br /> Schedule of Findings and Questioned Costs <br /> For the Year Ended June 30,2012 <br /> A. Section I- Summary of Auditors'Results <br /> Financial Statements <br /> Types of auditors' report issued: Unqualified <br /> Internal control over financial reporting: <br /> • Material weakness identified? No <br /> • Significant deficiency identified? No <br /> Any noncompliance material to the financial statements noted? No <br /> Federal Awards <br /> Internal control over major programs: <br /> • Material weakness identified? No <br /> • Significant deficiencies identified? Yes <br /> Type of auditor's report issued on compliance for major programs Unqualified <br /> Any audit findings disclosed that are required to be reported in <br /> Accordance with section 510(a) of OMB Circular A-133 Yes <br /> Identification of major programs: <br /> CFDA Number(s) Name of Federal Program or Cluster Expenditures <br /> 14.218, 14.253 Community Development Block Grant $ 748,664 <br /> 15.507 WaterSMART 264,879 <br /> Total Expenditures of All Major Federal Programs 1,013,543 <br /> Total Expenditures of Federal Awards $ 2,567,428 <br /> Percentage of Total Expenditures of Federal Awards 40% <br /> Dollar threshold used to distinguish between type A and type B program $300,000 <br /> Auditee qualified as low-risk auditee under <br /> section 530 of OMB Circular A-133? Yes <br /> 11 <br />
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