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HomeMy WebLinkAboutSingle Audit Report June 30, 1994 4 4 4 4 4 1 TOWN OF MARANA Marana, Arizona SINGLE AUDIT REPORTS June 30, 1994 4 4 0 0 O O 0 0 0 0 0 0 1, TABLE OF CONTENTS 1 PAGE INDEPENDENT AUDITOR'S REPORT ON SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE 1 i SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE 2 1 INDEPENDENT AUDITOR'S REPORT ON THE INTERNAL CONTROL STRUCTURE IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 3 1 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 6 INDEPENDENT AUDITOR'S REPORT ON THE INTERNAL CONTROL STRUCTURE USED IN ADMINISTERING FEDERAL FINANCIAL ASSISTANCE PROGRAMS 7 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH THE GENERAL REQUIREMENTS APPLICABLE TO FEDERAL FINANCIAL ASSISTANCE PROGRAMS 10 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAM TRANSACTIONS 11 SCHEDULE OF FINDINGS AND QUESTIONED COSTS 12 SCHEDULE OF PRIOR YEAR'S FINDINGS 13 • 3 • ? -/ Clifton, Gunderson & Co. Certified Public Accountants & Consultants Honorable Mayor and Town Council • Town of Marana, Arizona INDEPENDENT AUDITOR'S REPORT ON SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE 3 We have audited the general purpose financial statements of the Town of Marana, Arizona for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. These general purpose financial statements are the responsibility of the Town of Marana, Arizona's management. Our responsibility is to express an opinion on these general purpose 0 financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards, "Government Auditing Standards," issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments." These standards and OMB Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are 3 free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general purpose fmancial statements. An audit also includes 4 assessing the accounting principles used and significant estimates made by management, as well 4 as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. 0 Our audit was made for the purpose of forming an opinion on the general purpose financial statements of the Town of Marana, Arizona taken as a whole. The accompanying schedule of federal financial assistance is presented for purposes of additional analysis and is not a required part of the general purpose financial statements. The information in that schedule has been I 0 subjected to the auditing procedures applied in the audit of the general purpose fmancial statements and, in our opinion, is presented fairly, in all material respects, in relation to the general purpose financial statements taken as a whole. C 1 t --. ; Tu son, Arizona October 31, 1994 4 4 0 Members Of ENI • 1 INTERNATIONAL AMERICAN INSTITUTE 3 ARIZONA COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHIO WISCONSIN OF CERTIRED PUBLIC ACCOUNTANTS ID . ,-- E 4- 0 0 0 0 . L. .- ++ 03 L 010' L 4 L 7 0 • , , , 4 • , n. O) C]0 w Cr W C 40 7 d 4.• 7 O N P . . M O a- P 1 C to N L. 0 + M ti O CO M O v Mn 41 .t M — x CL T O Al 1� M N e- CO I�f� C 0 C to CO CO .t •O NN N O 4 1 3 y __0 N M O C W 0 0 00 I CO 0 .. 0- a) 0 X 0 0 L 0 0 0 > Y 7 N O `$ co P � . M CO M C- O N'C M ti O CO M N Mti IA S DD 0 CO L N t� M N N L. 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I Clifton, • Gunderson & Co. Certified Public Accountants & Consultants Honorable Mayor and Town Council Town of Marana, Arizona INDEPENDENT AUDITOR'S REPORT ON THE INTERNAL CONTROL STRUCTURE IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS i We have audited the general purpose fmancial statements of the Town of Marana, Arizona for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. We conducted our audit in accordance with generally accepted auditing standards, "Government Auditing Standards," issued by the Comptroller General of the United States, and the provisions ' of Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments. " These standards and OMB Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. In planning and performing our audit of the general purpose financial statements of the Town of Marana, Arizona for the year ended June 30, 1994, we considered its internal control structure in order to determine our auditing procedures for the purpose of expressing an opinion on the general purpose financial statements and not to provide assurance on the internal control structure. The management of the Town of Marana, Arizona is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. The objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that transactions are executed in accordance with management's authorization and recorded properly to permit the preparation of general purpose financial statements in accordance with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may nevertheless occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that procedures may become inadequate because of changes in conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate. For the purpose of this report, we have classified the significant internal control structure policies and procedures in the following categories: Cash Fixed assets Long -term debt Revenue, receivables and receipts Expenditures and accounts payable Government fmancial assistance programs Members Of INTERNATIONAL 3 AMERICAN INSTITUTE OF CERi1RED PUBUC ACCOUNTANTS ARIZONA COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHIO WISCONSIN Honorable Mayor and Town Council Town of Marana, Arizona General requirements: Political activity Davis -Bacon Act Civil rights Cash management Drug -free workplace Allowable costs /cost principles Administrative requirements Specific requirements: Types of services allowed or unallowed Eligibility For all of the internal control categories listed above, we obtained an understanding of the design of relevant policies and procedures and determined whether they have been placed in operation, and we assessed control risk. We noted certain matters involving the internal control structure and its operation that we consider to be reportable conditions under the standards established by the American Institute of Certified Public Accountants. Reportable conditions involve matters coming to our attention • relating to significant deficiencies in the design or operation of the internal control structure, that in our judgment, could adversely affect the Town's ability to record, process, summarize and report financial data in a manner that is consistent with the assertions of management in the general purpose financial statements. 4 We noted the following reportable conditions: 1. GENERAL LEDGER Condition: The Town's general ledger utilized for fiscal 1994 did not segregate activities by fund. 4 Criteria, effect and cause: Utilization of a general ledger system that segregates all activities by fund is necessary in order to assure the propriety of reporting in financial statements and grantor reports. Without such a system, financial statements could be misstated. Such a system has not been utilized because the Town has had a limited number of activities that needed to be segregated in the general ledger. Recommendation: We suggest the Town implement procedures to record and segregate all activities of the Town by fund in its general ledger. With the growth and expansion of the Town, it is becoming too cumbersome to manually segregate Town activities recorded within a combined general ledger. Segregation will enable the Town to better report financial activities, provide more assurance to the Town relative to grantor compliance requirements and provide better information as to the cost of certain activities in order to determine self - sufficiency. 4 • Management's response and corrective plan: The Town has made substantial improvement in the maintenance of the general ledger over the last couple of years. In recognition of 4 4 4 Honorable Mayor and Town Council Town of Marana, Arizona the Town's rapid growth, the fiscal 1995 budget includes a line item for the purchase of a new general ledger system that will incorporate fund accounting applications. It is planned that such a system will be purchased in late fiscal 1995, so that it can replace the current general ledger system at the start of fiscal 1996. 2. FIXED ASSET INVENTORY Condition: The Town has not recently conducted a reconciliation of its physical property records and the items reflected in its general fixed assets group of accounts. In addition, the Town is not recording donated assets. Criteria, effect and cause: In order to maintain control over fixed assets, periodic physical inventories are necessary with any appropriate adjustments to the general ledger. Without such inventories, financial statements could be misstated. The Town has not performed such an inventory because it has had a limited number of fixed assets before its recent dramatic growth. Recommendation: We recommend that a physical inventory of property be conducted in the near future, and that a reconciliation of that inventory be made to the general ledger, with all appropriate adjustments being investigated and made, including those for donated assets. Detailed schedules of the fixed asset history have been provided by us to the Town to facilitate this physical inventory. Management's response and corrective plan: With the Town's dramatic growth and recent substantial purchases of new fixed assets, management recognizes the importance of performing a physical inventory of fixed assets and upgrading the Town's fixed asset records. Such inventory policies and procedures will be implemented by the end of fiscal 1995. A material weakness is a reportable condition in which the design or operation of the internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the general purpose financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses as defined above. However, we believe none of the reportable conditions described above are material weaknesses. This report is intended for the information of the Town Council, management and various providers of governmental financial assistance. However, this report is a matter of public record and its distribution is not limited. 4 Tucson, Arizona October 31, 1994 4 5 Clifton, ✓ Gunderson & Co. Certified Public Accountants & Consultants Honorable Mayor and Town Council 0 Town of Marana, Arizona INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS BASED ON AN a AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS a We have audited the general purpose financial statements of the Town of Marana, Arizona as of and for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. We conducted our audit in accordance with generally accepted auditing standards, "Government Auditing Standards, " issued by the Comptroller General of the United States, and the provisions 0 of Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments. " These standards and OMB Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. Compliance with laws, regulations, contracts and grants applicable to the Town of Marana, Arizona is the responsibility of the Town of Marana, Arizona's management. As part of obtaining reasonable assurance about whether the general purpose financial statements are free of material misstatement, we performed tests of the Town's compliance with certain provisions of laws, regulations, contracts and grants. However, our objective was not to provide an opinion on overall compliance with such provisions. Accordingly, we do not express such an opinion. The results of our tests indicate that, with respect to the items tested, the Town of Marana, Arizona complied, in all material respects, with the provisions referred to in the preceding i paragraph. With respect to items not tested, nothing came to our attention that caused us to believe that the Town had not complied, in all material respects, with those provisions. This report is intended for the information of the Town Council, management and various providers of governmental financial assistance. However, this report is a matter of public record and its distribution is not limited. 1 Ce/L-, 464 -. 9E& k Tucson, Arizona October 31, 1994 Members Of 6 INTERNATIONAL AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHIO WISCONSIN Clifton, ' L Gunderson & Co Certified Public Accountants & Consultants Honorable Mayor and Town Council Town of Marana, Arizona 4 4 INDEPENDENT AUDITOR'S REPORT ON THE INTERNAL CONTROL STRUCTURE USED IN ADMINISTERING FEDERAL FINANCIAL ASSISTANCE PROGRAMS 4 We have audited the general purpose financial statements of the Town of Marana, Arizona as 4 of and for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. We conducted our audit in accordance with generally accepted auditing standards, "Government Auditing Standards," issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments:" These standards and OMB Circular A -128 require that we plan and perform the 4 audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. • 4 In planning and performing our audit for the year ended June 30, 1994, we considered the Town's internal control structure in order to determine our auditing procedures for the purpose 4 of expressing our opinion on the general purpose financial statements of the Town and to report on the internal control structure in accordance with OMB Circular A -128. This report addresses our consideration of internal control structure policies and procedures relevant to compliance with requirements applicable to federal financial assistance programs. We have addressed internal control structure policies and procedures relevant to our audit of the general purpose financial statements in a separate report dated October 31, 1994. 4 The management of the Town of Marana, Arizona is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by • management are required to assess the expected benefits and related costs of internal control structure policies and procedures. The objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, that transactions are executed in accordance with management's authorization and recorded properly to permit the preparation of general purpose financial statements in accordance with generally accepted accounting principles, and that federal financial assistance programs are managed in compliance with applicable laws and regulations. Because of inherent limitations in any internal control structure, errors or irregularities may nevertheless occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that procedures may become inadequate because of changes in conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate. 0 S Members Of INTERNATIONAL AL INTRNATIONAL 7 AMERICAN INSTITUTE IP OF CERTIFIED PUBLIC ARIZONA COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHIO WISCONSIN ACCOUNTANTS Honorable Mayor and Town Council Town of Marana, Arizona For the purpose of this report, we have classified the significant internal control structure policies and procedures in the following categories: !� Financial • Cash • Fixed assets • Long -term debt 4 • Revenue, receivables and receipts • Expenditures and accounts payable 4 • Governmental financial assistance programs 4 General requirements 4 • Political activity • Davis -Bacon Act 4 • Civil rights • Cash management 4 • Drug -free workplace • Allowable costs /cost principles • Administrative requirements 4 . Specific requirements 4 • Types of services allowed or unallowed • Eligibility 4 For all of the internal control structure categories listed above, we obtained an understanding of the design of relevant policies and procedures and determined whether they have been placed in operation, and we assessed control risk. • 4 During the year ended June 30, 1994, the Town of Marana, Arizona expended 75.9% of its total 4 federal financial assistance under the federal financial assistance program through Pima County for its Community Development Block Grants. We performed tests of controls, as required by OMB Circular A -128, to evaluate the effectiveness of the design and operation of internal control structure policies and procedures that we considered relevant to preventing or detecting material noncompliance with specific requirements and general requirements, and requirements governing types of services allowed or unallowed and eligibility that are applicable to the aforementioned nonmajor program. Our procedures were less in scope than would be necessary to render an opinion on these internal control structure policies and procedures. Accordingly, we do not express such an opinion. We noted a certain matter involving the internal control structure and its operation that we consider to be a reportable condition under standards established by the American Institute of Certified Public Accountants. Reportable conditions involve matters coming to our attention relating to significant deficiencies in the design or operation of the internal control structure, that in our judgment, could adversely affect the Town's ability to administer federal financial assistance programs in accordance with applicable laws and regulations. 8 Honorable Mayor and Town Council Town of Marana, Arizona We noted the following reportable condition: GENERAL LEDGER 4 Condition: The Town's general ledger utilized for fiscal 1994 did not segregate activities • by fund. Criteria, effect and cause: Utilization of a general ledger system that segregates all activities by fund is necessary in order to assure the propriety of reporting in financial statements and grantor reports. Without such a system, grantor reports could be misstated. Such a system has not been utilized because the Town has had a limited number of activities that needed to be segregated in the general ledger. • Recommendation: We suggest the Town implement procedures to record and segregate all activities of the Town by fund in its general ledger. With the growth and expansion of the Town, it is becoming too cumbersome to manually segregate Town activities • recorded within a combined general ledger. Segregation will enable the Town to better report financial activities, provide more assurance to the Town relative to grantor compliance requirements, and provide better information as to the cost of certain activities • in order to determine self - sufficiency. Management's response and corrective plan: The Town has made substantial improvement in the maintenance of the general ledger over the last couple of years. In recognition of the .Town's rapid growth, the fiscal 1995 budget includes a line item for the purchase of a new general ledger system that will incorporate fund accounting applications. It is planned that such a system will be purchased in late fiscal 1995, so that it can replace the current general ledger system at the start of fiscal 1996. • 0 A material weakness is a reportable condition in which the design or operation of the internal control structure elements does not reduce to a relatively low level the risk that noncompliance with laws and regulations that would be material to a federal financial assistance program may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. 0 Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses as defined above. However, we believe the reportable condition described above is not a O material weakness. This report is intended for the information of the Town Council, management and various providers of governmental financial assistance. However, this report is a matter of public record and its distribution is not limited. Tu on, Arizona October 31, 1994 0 O 9 O . 4 Clifton, 4 Gunderson & Co. Certified Public Accountants & Consultants 4 Honorable Mayor and Town Council 4 Town of Marana, Arizona 4 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH THE GENERAL REQUIREMENTS APPLICABLE TO FEDERAL FINANCIAL 4 ASSISTANCE PROGRAMS 4 We have audited the general purpose financial statements of the Town of Marana, Arizona as of and for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. 4 We have applied procedures to test the Town of Marana, Arizona's compliance with the 4 '` following requirements applicable to its federal financial assistance programs, which are 4' identified in the accompanying schedule of federal financial assistance for the year ended June 30, 1994: General requirements: Political activity Davis -Bacon Act Civil rights Cash management Drug -free workplace Allowable costs /cost principles Administrative requirements Our procedures were limited to the applicable procedures described in the Office of Management and Budget's "Compliance Supplement for Single Audits of State and Local Governments." Our �j procedures were substantially less in scope than an audit, the objective of which is the expression of an opinion on the Town of Marana, Arizona's compliance with the requirements listed in the preceding paragraph. Accordingly, we do not express such an opinion. • With respect to the items tested, the results of those procedures disclosed no material instances • of noncompliance with the requirements listed in the second paragraph of this report. With respect to items not tested, nothing came to our attention that caused us to believe that the Town of Marana, Arizona had not complied, in all material respects, with those requirements. This report is intended for the information of the Town Council, management and various providers of governmental financial assistance. However, this report is a matter of public record and its distribution is not limited. of • T on, Arizona October 31, 1994 Members Of IS 15 10 INTERNATIONAL AMERICAN INSTITUTE OF CERTIFIED PUBLIC ARIZONA COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHO WISCONSIN ACCOUNTANTS qi 4/ Clifton, 1 Gunderson & Co. Certified Public Accountants & Consultants Honorable Mayor and Town Council +' Town of Marana, Arizona 4 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL • ASSISTANCE PROGRAM TRANSACTIONS • We have audited the general purpose financial statements of the Town of Marana, Arizona as • of and for the year ended June 30, 1994, and have issued our report thereon dated October 31, 1994. In connection with our audit of the 1994 general purpose financial statements of the Town of Marana, Arizona and with our consideration of the Town of Marana, Arizona's internal control structure used to administer the Town's federal financial assistance programs, as required by Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments," we selected certain transactions applicable to certain nonmajor federal financial • assistance programs for the year ended June 30, 1994. As required by OMB Circular A -128, we have performed auditing procedures to test compliance with the requirements governing types of services allowed or unallowed and eligibility that are applicable to those transactions. Our • procedures were substantially less in scope than an audit, the objective of which is the expression of an opinion on the Town of Marana, Arizona's compliance with these requirements. • Accordingly, we do not express such an opinion. With respect to the items tested, the results of those procedures disclosed no material instances . of noncompliance with the requirements listed in the preceding paragraph. With respect to items not tested, nothing came to our attention that caused us to believe that the Town of Marana, 0 Arizona had not complied, in all material respects, with those requirements. 0 This report is intended for the information of the Town Council, management and the various providers of governmental financial assistance. However, this report is a matter of public record and its distribution is not limited. 0 gatatilo•— 4 Tucson, Arizona October 31, 1994 0 Members Of INTERNATIONAL 11 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ARIZONA COLORADO ILLINOIS INDIANA IOWA MARYLAND MISSOURI NEW MEXICO OHIO WISCONSIN ACCOUNTANTS 4 TOWN OF MARANA, ARIZONA SCHEDULE OF FINDINGS AND QUESTIONED COSTS Year Ended June 30, 1994 4 4 4 None • 4 4 3 4 4 4 4 4 4 4 4 4 • 12 • TOWN OF MARANA, ARIZONA SCHEDULE OF PRIOR YEAR'S FINDINGS • Year Ended June 30, 1994 For the year ended June 30, 1993, it was found that the personnel files of three of four police officers working in federally supported grant programs lacked documentation of the officer's awareness of the Town's drug -free workplace policy. During our testing for fiscal 1994, we did not note this as a recurring item for employees working under federal grants. In addition, there ,! was a finding noted for Davis -Bacon Act non - compliance. This finding was corrected, and was not repeated as a finding for 1994. 0 Reportable conditions in the prior year for coordinating all accounting activities through the • Town accountant, reconciling various revenue services through various department reports, and O preparing budgets by purpose and not by object were corrected during the 1994 fiscal year. Reportable conditions concerning the general ledger and a fixed asset inventory have been • repeated in the fiscal 1994 reports. It was reported in the prior year that the Town maintained deposits with a financial institution that were over the amount insured by the FDIC $100,000 limit. Although the Town had uncollateralized balances of $14,891 at June 30, 1994, this is not repeated as a condition in the fiscal. 1994 reports because the Town tries to keep its balances under $100,000 with financial institutions, the financial institution in question is a large worldwide bank and cash forecasting methods used by the Town reduced the uncollateralized amount from $133,017 at June 30, 1993, to $14,891 at June 30, 1994. 0 0 4 4 4 4 4 4 4 4 4 4 0 13 4