Independent Auditor Presentation
Single Audit
For the Fiscal Year Ended June 30, 2024
Audit Committee
March 17, 2025
Amy L. Meyer, CPA
Partner 1
What is a Single Audit?
Ensures a recipient of federal funds is in compliance with the federal program’s requirements for how the
money can be used.
Each federal granting agency outlines specific items it feels are important for recipients to meet to ensure
the successful management of the program and
alignment with the legislative intent of the program.
One overall audit, rather than individual audits by
each granting agency (source of federal funding)
Required when federal grant expenditures exceed
$750k in one year across all programs
2 Uniform Guidance –The overall rules
3 Auditee’s responsibility (UG 200.508)
Prepare appropriate financial statements,
including the schedule of expenditures of
Federal awards in accordance with §200.510
Does it conform to 2 CFR Section 200.510?
Are all programs identified by the Assistance
Listing (AL) #?
Identify Direct or Indirect Programs
If it’s an indirect award, has the pass-through entity and the pass-through number been identified and
included?
Identify Cluster Programs
4 Uniform Guidance –The overall rules
Single Audit –Overall Objectives
5 Were expenditures in accordance with grant limitations and for allowable activities?
Was reporting accurate and timely?
Were procurement standards followed?
Were subrecipients monitored for the same?
The City expended
$6.872 million across 13 programs
Schedule of Expenditures of
Federal Awards (SEFA)
page 3 (7 of PDF)
6 Single
Audit
Single Audit –Major Programs
Two Tested Programs (Major Programs)
97.036 – Disaster Grants – Public Assistance
97.083 – Staffing for Adequate Fire and
Emergency Response Grant (SAFER)
7 Results of Single Audit
Current Year –
no federal award compliance findings
Prior Year –
CDBG Program - Compliance with Timely
Spending Requirements
Current Status included in the Separate
Summary Status of Prior Year Audit Findings (SSPAF)
8 Single Audit Report
Audit was conducted in accordance with
auditing standards generally accepted in the
United States of America and Government
Auditing Standards issued by the Comptroller
General of the United States of America.
Includes Two Audit Opinions
Internal Control Over Financial Reporting and on
Compliance and Other Matters
Compliance for Each Major Program and on
Internal Control Over Compliance
9 QUESTIONS?
10 “We are in the business to help our clients succeed”