Trinidad Ambulance District: single-audit findings

Score: 8 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	8	24
Significant deficiencies	3 points each	0	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		8	100

Federal funding, FY2024

$3,207,000 in federal awards spent, across 1 program. Largest funding agencies:

Agency	Spent
Department of Agriculture	$3,207,000

FY2024 audit

FAC record: 2024-12-GSAFAC-0000383104
Fiscal year end: December 31, 2024
Accepted by FAC: September 26, 2025
Federal spending: $3,207,000 · 1 program
Major programs: 1
Score: 8 of 100

Finding 2024-003

material weaknessother matters

Program: COMMUNITY FACILITIES LOANS AND GRANTS (10.766)
Compliance requirement: Special tests and provisions
FAC record: FY2024 audit on fac.gov

Finding text from the filing

USDA Community Facilities Loan Reserve Accounts Material Weakness

U.S. Department of Agriculture

ALN #: 10.766 Community Facilities Loans and Grants Cluster

Federal Award Identification #: CPAP000001205294

Condition: Under the District's USDA Community Facilities loan agreement, the District is required to administer a loan reserve account and a capital asset replacement reserve in which monthly deposits are to be made until the minimum reserve amounts are reached.

Criteria: 37 CFR 1942.17(i)

Questioned Costs: $0

Context: The District was not properly administering the loan and capital asset replacement reserve accounts as outlined in their USDA loan agreement.

Cause: There was oversight by management of the applicable reserve requirements as contained in the loan agreement.

Effect: The District did not fund the applicable reserve accounts for the year ended December 31, 2024.

Recommendation: We recommend the District review the requirements and establish the minimum reserve funds in future periods as outlined in the loan agreement.

View of Responsible Offical and Planned Corrective Action: Management agrees with the finding. See corrective action plan.