Park Board of Trustees of the City of Galveston: single-audit findings

Park Board of Trustees of the City of Galveston

Galveston, TX

The FY2023 single audit reports 1 finding: 1 significant deficiency.

No FY2024 single audit on file as of October 30, 2026. For the fiscal year ending September 30, 2024, it was due June 30, 2025, 487 days earlier. It is expected because the FY2023 audit reported $6,667,747 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 3 of 100 (FY2023 audit)

The sum of eight parts, each read from the audit. How the score works.

Part	Rule	Points	Max
Material weaknesses	8 points each	0	24
Significant deficiencies	3 points each	3	9
Repeat findings	5 points each	0	15
Longest repeat chain	2 years 3, 3 years 6, 4 years 9, 5+ years 12	0	12
Modified major-program opinions	qualified 8 each; any adverse or disclaimer 15	0	15
Questioned costs	known amount of $25,000 or more, by share and dollars	0	15
Going concern	auditor included a going-concern paragraph	0	5
Prior-year lateness	prior-year audit late or not filed, scored only with a finding	0	5
Score		3	100

Federal funding, FY2023

$6,667,747 in federal awards spent, across 3 programs. Largest funding agencies:

Agency	Spent
Department of Homeland Security	$6,635,562
Department of the Treasury	$23,295
National Foundation on the Arts and Humanities	$8,890

FY2023 audit

FAC record: 2023-09-GSAFAC-0000036946
Fiscal year end: September 30, 2023
Accepted by FAC: May 9, 2024
Federal spending: $6,667,747 · 3 programs
Major programs: 2
Score: 3 of 100

Finding 2023-002

significant deficiency

Program: DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) (97.036)
Compliance requirement: Period of performance
FAC record: FY2023 audit on fac.gov

Finding text from the filing

Information on Federal Program: Texas Department of Emergency Management Disaster Grants – Public Assistance (Presidentially Declared Disasters) Criteria or Specific Requirement: 2 CFR 200.303 of the Uniform Guidance requires that non-Federal entities receiving Federal awards establish and maintain internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal awards in compliance with Federal statutes, regulations, and the terms and conditions of the Federal awards. Condition: For the $6,525,090 expenditures recorded in the year ended September 30, 2023, of which $174,257 related to the year ended September 30, 2022. Questioned Cost: There are no questioned costs related to this finding. Context: In the testing of total incurred expenditures of $6,525,090 for the year ended September 30, 2023, expenditure of $174,257 should be included in the schedule of expenditures of federal awards for the year ended September 30, 2022. Effect: The failure to maintain the complete schedule of expenditures of federal awards may result in an inaccurate submission to the grantor which can lead to noncompliance with laws and regulations. Cause: The Park Board failed to maintain the complete schedule of expenditures of federal awards. Recommendation: We recommend that the Park Board maintain the complete schedule of expenditures of federal awards. Management Response: We agree with the finding. The procedure of maintaining the complete schedule of expenditures of federal awards will be implemented in fiscal year 2024.