Minutes 02-01-2022 Virtual Business Meeting

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6 Slide #7 Audit Results . , , Audit Wewkriws ��Cherry Bekaert" April Adams continued the presentation. She explained that a for audit results, there are four opinions that are issued. She said that all four of the county's opinions are unmodified. She said that unmodified means a clean opinion and this is the highest level of assurance that an audit firm can provide to a client. She said that the financial statement is calling to the Board's attention two items. She explained that the first is related to the County's implementation of Governmental Accounting Standards Board (GASB) Standard 84 and associated changes of reporting around that. She said that the second item of attention is an previous adjustment related to debt for the Sportsplex fund and that there was a correction that needed to take place from last year to this year. She said that the single audit, for the federal and state dollars that the county administers, identified two finding. She said that both findings are related to the Temporary Assistance to Needy Families (TANF) program. She explained that the tested twenty of the MOE cases and that one of those files indicated that there was a child in the home when in fact it was a 26-year-old person and thus an incorrect determination of eligibility based upon that test. She explained that this resulted in a nonmaterial, noncompliance finding. She said that the second finding was a material weakness, and it relates controls around the operation of the program and the determination of eligibility. She stated that the state sent out a directive letter that said that 25% of all the cases that get determined during the year need to be reviewed as part of the quality control to ensure that all of the right documentation is there. She said that the audit found that 25% review was not being done.