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Item 06 - Receive and file the Single Audit Report for the Fiscal Year Ended June 30, 2022
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Item 06 - Receive and file the Single Audit Report for the Fiscal Year Ended June 30, 2022
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3/28/2024 10:56:16 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
6
Date
5/2/2023
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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 6 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />May 2, 2023 <br />TOPIC: Receive and file the Single Audit Report for the Fiscal Year Ended June 30, 2022 <br />AGENDA TITLE <br />Receive and File Single Audit Report for the Fiscal Year Ended June 30, 2022 <br />RECOMMENDED ACTION <br />Receive and file Single Audit Report for the Fiscal Year Ended June 30, 2022. <br />DISCUSSION <br />All non -Federal entities that expend $750,000 or more of Federal awards each fiscal <br />year are required to obtain a Single Audit to comply with the regulations of the Federal <br />Office of Management and Budget (OMB). The Single Audit for the fiscal year ended <br />June 30, 2022 has been completed by the City's independent auditor, Clifton Larson <br />Allen LLP. <br />During the fiscal year 2021-22, the City administered twenty-six (26) Federal grant <br />programs and expended $105.8 million, representing an increase of $0.2 million from <br />the prior fiscal year. The expenditures remained relatively consistent with the prior year <br />due to continued funding in response to the COVID-19 pandemic. <br />Of the twenty-six (26) programs administered by the City, the auditors identified four <br />major programs for the audit: Housing Voucher Cluster ($46.5 million), HOME <br />Investment Partnerships Program ($2.1 million), Coronavirus State and Local Fiscal <br />Recovery ($13.3 million), and the Emergency Rental Assistance Program ($21.7 <br />million). <br />The Finance and Management Services Agency is pleased to report that the City <br />received an unmodified opinion commonly known as a clean opinion; which is <br />considered the most favorable conclusion for the audit. The unmodified opinion <br />indicates that the City has complied, in all material respects, with the compliance <br />requirements for the fiscal year ended June 30, 2022. <br />However, the auditors disclosed one finding related to Coronavirus State and Local <br />Fiscal Recovery Fund program for not meeting requirements to check the federal <br />database to confirm that selected vendors have not been suspended or debarred from <br />participating in federally funded programs. There were no instances of noncompliance, <br />
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