Observations
The annual onsite licensing renewal inspection was conducted on May 16-17, 2016. Administrative materials presented were reviewed on May 16, 2016. There was no documentation of an annual audit for the fiscal year ended June 30, 2015. An interview with the facility director confirmed that the audit had not been completed for the last fiscal year.
The finding was reviewed with the Project Director at the exit summary and was not disputed.
|
Plan of Correction
At the on-site inspection conducted on 5/17/2016 it was confirmed by the Facility Director that an annual audit had not been completed for Fiscal Year 2014/2015 due to financial constraints resulting from the state budget impasse. Following the budget being partially passed in March and funds being made available, our Fiscal Director scheduled the audit with our CPA. However,it was still beyond our end of year deadline. At the time of the inspection we were waiting for the completed document to be presented to us by our CPA. In the past, it has been determined that we do not qualify for an audit exception because we are just over the income guideline.
To prevent the reoccurrence of a late audit in the face of a budget impasse, our Fiscal Manager will set aside funds equally !/5 of the cost of the annual audit on a monthly basis beginning in February. This assures the $13,000 bill will be paid no later than July of the next fiscal year, allowing the CPA 5 months to complete the audit. Additionally if there are signs of another budget impasse looming, the Project Director will begin lobbying state representatives monthly regarding the importance to our system of passing a state budget. The Project Director received our completed Fiscal Year 14/15 audit on June 6, 2016 and our Fiscal Manager will have copies on file and available to the public. |