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01-14-1987 Council Agenda
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01-14-1987 Council Agenda
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and comments on the status of corrective action taken on prior <br />findings. If corrective action is not necessary, a statement <br />describing the reason it is not should accompany the audit report. <br />The City agrees that the grantor, the Legislative <br />Auditor, and any independent auditor designated by the grantor <br />shall have such access to grantee's records and financial <br />statements as may be necessary for the grantor to comply with the <br />Single Audit Act and OMB Circular A -128. <br />Required audit reports must be filed with the <br />Office of the State Auditor, Single Audit Division and state <br />agencies providing federal assistance, within six months of the <br />City's fiscal year end. If a federal cognizant audit agency has <br />been assigned for the City, copies of required audit reports will <br />be filed with that agency also. <br />Recipients of more than $100,000 in federal <br />assistance must also submit one copy of the audit report within 30 <br />days after issuance to the central clearinghouse. Audit reports <br />should be sent to: <br />Bureau of Census <br />Data Preparation Division <br />1201 East 10th Street <br />Jeffersonville, Indiana 47132 <br />Attn: Single Audit Clearinghouse <br />Page No. 13 <br />
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