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City of Lino Lakes, Minnesota <br />Management Report, Page 39 <br />FEDERAL SINGLE AUDIT <br />Federal regulations require a City to obtain a federal compliance audit if the City receives over <br />$25,000 in federal funds. During 1993, the City of Lino Lakes received $68,952 of federal funds <br />as follows: <br />Grant Amount <br />Oak Wilt Cooperative Suppression Program $3,368 <br />Re -Leaf Grant 7,000 <br />CDBG 52,601 <br />Community Tree Planting Grant 3,240 <br />A.T.A.C. 2,743 <br />Total $68,952 <br />We have completed the federal compliance audit as required and issued our reports under a <br />separate cover. The findings identified in the report are summarized below: <br />1) Each grant program requires submission of certain reports by a specified date identified in <br />the grant document. For two of the above grants, status reports were not submitted by the <br />required date. <br />2) Each grant requires reports regarding financial activity. For three of the above grants, the <br />amounts reported to the grantor agency did not agree with the City's accounting records. <br />