File #: 24-1262    Version: 1 Name:
Type: Informational Report Status: Passed
File created: 8/23/2024 In control: Auditor-Controller
On agenda: 9/10/2024 Final action: 9/10/2024
Title: 10:30 AM - Presentation of Fiscal Year 2021-22 Audit Reports
Strategic Framework: 9999 - Core Services / Other
Attachments: 1. Staff Report, 2. 2022 Humboldt Signed Financial Statements, 3. 2022 Humboldt Signed Single Audit Report, 4. 2022 Humboldt Signed Governance Communication, 5. 2022 Humboldt Signed Management Letter, 6. Corrective Action Plan FY 2021-22

To: Board of Supervisors

From: Auditor-Controller

Agenda Section: Time Certain Matter

Vote Requirement: Majority

SUBJECT:
title
10:30 AM - Presentation of Fiscal Year 2021-22 Audit Reports
end

RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Receive and file the audit reports prepared by CliftonLarsonAllen LLP (CLA), regarding the financial statements of the County of Humboldt and Single Audit for the fiscal year ended June 30, 2022; and
2. Receive and file the Corrective Action Plan on behalf of the County of Humboldt as a response to the findings identified in the Single Audit Report for the fiscal year ended June 30, 2022.

Body
STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.

Area of Focus: Core Services/Other
Strategic Plan Category: 9999 - Core Services/Other

DISCUSSION:
CLA has completed the audit of the financial statements of the County of Humboldt for the year ended June 30, 2022, and has issued their reports. The reports include the Financial Statements, Single Audit, Governance Communication Letter, and the Management Letter. Copies will be distributed to the appropriate state and federal agencies in compliance with the Federal Single Audit Act and the California State Controller's Office mandates. The firm's principal auditor, Rich Gonzalez, Certified Public Accountant (CPA) , will present the report to your Board and answer any questions.

The Single Audit Report Schedule of Findings includes two findings, this is four less than the prior year. There were two financial statement findings, the type was "Material Weakness in Internal Control over Financial Reporting". Both findings were repeat findings from prior fiscal years. In response to the findings, the Auditor-Controller has submitted an action plan (Attachment 5). The action plan sets forth corrective actions based on the recommendations of CLA and is required to be included with the single audit submission.

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