Colorado · Local government · $2M-$10M in federal spending

Town of Ramah, Colorado

Ramah, CO

The FY2024 single audit reports 1 finding: 1 significant deficiency.

Score: 3 of 100 (FY2024 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, FY2024

$2,592,316 in federal awards spent, across 3 programs. Largest funding agencies:

Agency	Spent
Department of the Treasury	$2,060,099
Department of the Interior	$452,217
Department of Housing and Urban Development	$80,000

FY2024 audit

FAC record: 2024-12-GSAFAC-0000374837
Fiscal year end: December 31, 2024
Accepted by FAC: August 21, 2025
Federal spending: $2,592,316 · 3 programs
Major programs: 1
Score: 3 of 100

Finding 2024-001

significant deficiency

Program: CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS (21.027)
Compliance requirement: Procurement and suspension and debarment
FAC record: FY2024 audit on fac.gov

Finding text from the filing

The Town received and spent federal grant funds during the year ended December 31, 2024. Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) § 200.318 requires the Town to establish, in writing, procurement standards for use in the Town’s procurement (purchases) over federal grant expenditures.