Certified Public Accountant Ben Lee briefed the Decatur County Board of Commissioners Tuesday on the findings of the county’s audit report for the fiscal year ending June 30, 2013.
Lee announced that Decatur County was eligible for the Single Audit Act of 1996.
“This is an expanded scope of your compliance with the federal laws and regulations governing your major programs,” Lee said.
The act allows the federal government to provide an extensive array of federal assistance to recipients reaching over $400 million annually. The assistance comes in the form of grants to potentially help Decatur County within the areas of education, health, public safety and public works.
Lee said the primary federal program that made Decatur County eligible for the single audit was the FEMA buyout program.
“You have a little over $2 million for the expenditures here in the fiscal year of that program, which you’ve exceeded to $500,000 expenditure threshold for a single audit,” Lee said to the board.
There weren’t any areas of non-compliance with federal laws and regulations, nor problems with Decatur County’s internal controls over those federal laws and regulations, according to Lee.
“All those reports are clean reports,” Lee said.
Lee reported the total capital assets of Decatur County for the fiscal year ending June 30, 2013 were more than $51.4 billion.
Lee also reviewed Decatur County’s budget, noting the Board of Commissioners’ success for budgeting for the fiscal year ending June 30, 2013.
“Your actual revenues were $179,196 less than what you had anticipated in your book,” Lee said. “However the actual expenditures were $216,513 less than you appropriated.”
Lee closed by suggesting that Decatur County review and revive their cash management policies to compliment the current software the county uses.
“We’re looking forward to updating the software when we are through with tax season,” Decatur County Administrator Gary Breedlove said.