Single audits filed with the Federal Audit Clearinghouse
$1.2M in federal awards expended in FY2024
Year
Federal $ expended
Auditor
Opinion
Flags
2024
$1.2M
Armanino LLP
Unmodified (clean)
Material weakness
Federal Programs
Top programs · FY2024
Program
Agency
Expended
Major program
Findings
Coronavirus State and Local Fiscal Recovery Funds
via City of Saginaw
Treasury
$1.2M
Yes
2
Audit Findings
FY2024 · auditor's own text
2024-002Procurement & suspensionMaterial weakness
Under 2 CFR 200.318-326, non-federal entities must adhere to procurement
standards for purchases made with federal funds. Key requirements include:
- Full and Open Competition: Procurement transactions must be conducted to
ensure open competition and prevent practices that may un…
According to 2 CFR 200.430(i), charges to federal awards for salaries and wages
must be based on records that accurately reflect the work performed.
Specifically:
- Employees who work 100% on a single federal award must have certifications
stating that all time was dedicated to t…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).