South San Francisco City Council
April 9, 2025

Independent Auditor Presentation
Single Audit
For the Fiscal Year Ended June 30, 2024
City Council
April 9, 2025
Amy L. Meyer, CPAPartner 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 Single Audit – Overall Objectives
3 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
$7.748 million across 13 programs
 Schedule of Expenditures of
Federal Awards (SEFA)
page 5
4 Single Audit
Single Audit – Major Programs
 Two Tested Programs (Major Programs)
 20.205 – Highway Planning and Construction
(Federal-Aid Highway Program)
 21.027 – Coronavirus State and Local
Fiscal Recovery Funds
5 Results of Single Audit
 Current Year –
 No Federal Award compliance findings One Financial Statement finding related to accurate preparation of the SEFA
 Current Status included in the separate
Corrective Action Plan (CAP)
 Prior Year –
 CDBG Program - Compliance with Cash
Management Requirements (Timely Draws)
 Current Status included in the separate
Summary Status of Prior Year Audit Findings (SSPAF)
6 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 Page 9
 Compliance for Each Major Program and on
Internal Control Over Compliance Page 11
7 QUESTIONS?
8 “We are in the business to help our clients succeed”