The URL can be used to link to this page

FY1997 Audit Report AirportBLAIR AIRPORT AUTHORITY SEPTEMBER 3011997 f EDWARD W. SCHROEDER CERTIFIED PUBLIC ACCOUNTANT 1904 SOUTH STREET BOX 486 BLAIR, NEBRASKA 68008 RESIDENCE: (402) 468-5253 OFFICE: (402) 426-4080 February 25, 1998 Honorable Chairman and Members of the Blair Airport Authority Board Blair, Nebraska "Independent Auditor's Report" I have audited the accompanying general-purpose financial statements of the Blair Airport Authority, as of and for the year ended September 30, 1997. These financial statements are the responsibility of the Blair Airport Authority's manage- ment. My responsibility is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing - Standards, issued by the Comptroller General of the United States. Those standards k require that I plan and perform the audit to obtain reasonable assurance about wheth- er the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion. In my opinion, the general-purpose financial statements referred to above present fairly, in all material respects, the financial position of the Blair Air- port Authority, as of September 30, 1997, and the results of its operations for the year then ended in conformity with generally accepted accounting principles. In accordance with Government Auditing Standards, I have also issued my report dated February 25, 1998 on my consideration of the Blair Airport Authori- ty's internal control over financial reporting and my tests of its compliance with certain provisions of laws, regulations, contracts and grants. My audit was performed for the purpose of forming an opinion on the general- purpose financial statements of Blair Airport Authority, taken as a whole. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circu- lar A-133, Audits of States, Local Governments, and Non -Profit organizations, and is not a required part of the general-purpose financial statements. Such infor- mation has been subjected to the auditing procedures applied in the audit of the general-purpose financial statements and, in my opinion, is fairly stated, in all material respects, in relation to the general-purpose financial statements taken as a whole. Edward W. Schroeder Certified Public Accountant BLAIR AIRPORT AUTHORITY COMBINED BALANCE SHEET - ALL FUNDS AND ACCOUNT GROUPS SEPTEMBER 30, 1997 ASSETS General General General Fund Fixed Assets Long -Term Debt Cash equivalents $92,870 - - Accounts Receivable 3,516 - - Due from the County Treasurer 1,592 - - Real Estate and Equipment - $1,334,060 - Amount to be provided for retirement of general long-term debt - - $550,000 TOTAL ASSETS$97978 1,334,060 $550,000 LIABILITIES Bonds payable - - $550,000 FUND BALANCES General fixed assets - $1,334,060 - Fund balance - Unreserved $97,978 - - Total Fund Balance $97,978 $1,334,060 $550,000 TOTAL LIABILITIES AND FUND BALANCES $1,334,060 $550,000 See Notes to Financial Statements. -2- BLAIR AIRPORT AUTHORITY STATEMENT OF REVENUES, AND EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30 1997 See Notes to Financial Statements. -3- Variance Favorable Budget Actual (Unfavorable) REVENUES: Property taxes $ 24,038 $ 24,772 $ 734 Homestead exemption - 993 993 In -lieu of tax 1,000 1,071 71 Sale of assets - 4,600 4,600 Rent income 55,360 42,446 (12,914) Gas sales 6,000 15,347 9,347 Interest 1,100 1,519 419 Grants 692,300 709,444 17,144 Bond proceeds 550,000 _ 550,000 - Total revenues 1,329,798 _1,350,192 20,394 EXPENDITURES: Audit fees 1,000 790 210 Bonding expense - 12,513 (12,513) County commission 238 245 (7) Dues and training 500 553 (53) Engineering - grant expense 40,000 2,900 37,100 Equipment rental 500 8,106 (7,606) Gas/Oil/Diesel 4,000 18,018 (14,018) Grant administration - 9,457 (9,457) Insurance 6,500 7,600 (1,100) Interest expense 30,000 5,306 24,694 Janitorial 100 543 (443) Layout update - grant expense - 17,945 (17,945) Legal 7,500 - 7,500 Maintenance and repair 2,000 4,618 (2,618) Mowing/snow 4,800 6,211 (1,411) Office expense 2,600 793 1,807 Permits - 586 (586) Printing & publications 400 1,101 (701) Utilities and telephone 4,500 2,856 1,644 Capital outlay - grant expense 1,250,000 1,203,650 46,350 Total expenditures 1,354,638 1,303,791 50,847 REVENUES AND OTHER SOURCES OVER (UNDER) EXPENDITURES AND OTHER USES (24,840) 46,401 $ 71,241 FUND BALANCE - September 30, 1996 51,577 51,577 FUND BALANCE - September 30, 1997 $ 26.737 S 97,978 See Notes to Financial Statements. -3- BLAIR AIRPORT AUTHORITY STATEMENT OF CHANGES IN GENERAL FIXED ASSETS FOR THE YEAR ENDED SEPTEMBER 30, 1997 Balance Sept 30, 1996 FIXED ASSETS: Real estate $144,366 Equipment 51,377 TOTALS $195743 Additions Dispositions $1,203,650 $1.203.650 $ 26,988 38,345 S 65,333 See Notes to Financial Statements -4- Balance Sept 30, 1997 $1,321,028 13,032 $1,334.060 BLAIR AIRPORT AUTHORITY STATEMENT OF CHANGES IN GENERAL LONG-TERM DEBT FOR THE YEAR ENDED SEPTEMBER 30, 1997 Balance Balance Interest Sept 30 Sept 30 Dated Description Rate 1996 Additions Deductions 1997 12/1/96 Airport Authority Bonds 4.00 - 5.80 -0- $550,000 -0- $550,000 See Notes to Financial Statements -5- BLAIR AIRPORT AUTHORITY STATEMENT OF GENERAL OBLIGATION BONDS PRINCIPAL AND INTERNEST REQUIREMENTS BY YEAR OF MATURITY SEPTEMBER 30, 1997 Year Ending Principal Interest September 30, Requirements Requirements Total 1998 $ 15,000 $ 43,065 $ 58,065 1999 15,000 27,991 42,991 2000 20,000 27,232 47,232 2001 20,000 26,342 46,342 2002 20,000 25,432 45,432 2003 20,000 24,502 44,502 2004 20,000 23,552 43,552 2005 25,000 22,460 47,460 2006 25,000 21,223 46,223 2007 25,000 19,960 44,960 2008 25,000 18,672 43,672 2009 30,000 17,227 47,227 2010 30,000 15,622 45,622 2011 30,000 13,987 43,987 2012 35,000 12,182 47,182 2013 35,000 10,214 45,214 2014 35,000 8,227 43,227 2015 40,000 6,080 46,080 2016 40,000 3,770 43,770 2017 45,000 1,305 __46,395 $550,000 $369,045 $919,045 See Notes to Financial Statements 111-15 BLAIR AIRPORT AUTHORITY NOTES TO FINANCIAL STATEMENTS 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Introduction: The Blair Airport Authority (Airport) complies with Generally Accepted Accounting Principles, (GAAP). The Airport's reporting entity applies relevant Governmental Accounting Standards Board (GASB) pronouncements. Implementation of a new accounting and reporting standard for risk financing and related insurance issues is included in this report where applicable. Comparability with previous years financial reports is not affected. The accounting and reporting framework and the more significant accounting principles and practices are discussed in subsequent sections of this note. The remainder of the notes are organized to provide explana- tions including required disclosures of the Airport's financial activities for the fiscal year ended September 30, 1997. B. Reporting Entity: All significant activities and organizations in which the Airport exercises oversight responsibility have been included in the Airport gener- al-purpose financial statements for the year ended September 30, 1997. The following criteria regarding manifestation of oversight were considered by the Airport in its evaluation of Airport organizations and activities: Financial interdependency: The Airport is responsible for its debts and is entitled to surpluses. No separate agency receives a financial benefit nor imposes a financial burden on the Airport. Election of the government authority: The locally elected Airport Authority Board is exclusively responsible for all public decisions and accountable for the decisions it makes. C. Fund Types and Account Groups: Governmental fund types: Governmental funds use the current financial resources measurement focus. Only current assets and current liabilities are generally included on their balance sheets. Their operating statements present sources and uses of available resources during a given period. Account groups: The account groups are used to account for fixed assets and long-term liabilities which are not reported in the respective governmental funds. -7- BLAIR AIRPORT AUTHORITY NOTES TO FINANCIAL STATEMENTS 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) D. Basis of Accounting: All Governmental Funds are accounted for using the modified accrual basis of accounting. Their revenues are recognized when earned and expen- ditures are recognized when incurred except that property taxes are not recorded until collected as they are not practicably measurable and inter- est on general obligation bonds is not recorded until coupons mature. The Airport does not apply encumbrance accounting in any of its funds. E. Budgetary Basis: The Airport's legally adopted budget is not in conformity with general- ly accepted accounting principles. The budget is prepared and adopted using the cash basis of accounting whereby revenues budgeted are expected to be received rather than earned and expenditures budgeted are expected to be disbursed rather than incurred. There are no significant differences between the budgeted basis of accounting and the generally accepted basis. The Airport Board sets the property tax levy needed to support the coming years budget in August of each year and submits its budget as required by State Statute. F. Budgetary Control: Each funds appropriated budget is prepared on a detailed line item basis. Revenues are budgeted by source. Expenditures are budgeted by department. This constitutes the legal level of control. Expenditures may not exceed appropriations at this level. All budget revisions at this level are subject to final review by the Airport Board. No revisions to the budget were made for the year ended September 30, 1997. G. Investments• For the purposes of the Statement of Cash Flows the Airport considers all short-term debt instruments purchased with a maturity of three months or less to be cash equivalents. H. Fixed Assets: All fixed assets are recorded at cost or estimated cost if actual cost not available. Assets in general fixed asset funds are recorded as expenditures at the time of purchase with the accumulated cost being presented in the general fixed asset group of accounts for measurement purposes only. Certain improvements such as roads, bridges, curbs and gutters, streets and side- walks, drainage systems, and lighting systems are not capitalized. No depreciation is provided for assets in the general fixed asset group of accounts. -continued- -8- BLAIR AIRPORT AUTHORITY NOTES TO FINANCIAL STATEMENTS 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) I. Deposits and Investments: Investments consist of Certificates of Deposit or U.S. Government Securities with current maturities. These investments have no restric- tions. The deposits are entirely Category 1 which means that the invest- ments are insured or collateralized with securities held by the entity's agent. Investments are stated at cost which approximates market value. Investments allowed are generally U.S. Government Securities, FDIC insured deposits and others provided by State Statute. 2. PROPERTY TAX CALENDAR The Airport's December 31, 1996 valuation was $228,226,461. The levy for the Airport for the year ending September 30, 1997 was .01048 per $100 of value. The total tax levy was $24,751. Property taxes are due December 31 of each year and delinquent in halves at May 1 and September 1 of the following year. 3. CONCENTRATION OF CREDIT RISK All of the receivables of the Blair Airport Authority are from the local Blair area therefore creating a concentration of credit risk. If the Blair area economy was depressed this could have an adverse effect on the collection of the outstanding accounts receivable. -9- N 4 +-) H 3 N m 0 0 m 0 0 Ln Ln Lr ° q o o ko ko kc U W zk O N ao N r -I m N N W to h H W .,4 3 W 10 ro H r Rrn ro o o �4 N o o in b 0 0 ko N U1 M q io O N P4 RAS H 0. a �� N 44 ° Caw N� U). V)- N x w H d H � W � I Wq H to 0 U o [L, 0 W '17 N N +) U C) I I W H Z O O 4 V} O w O m O N a O o O o m H H o a I W I I C 3 'HPj rn z M N O I\ Pao W /� PC74 Ft4U) M m M M u H W z w ul 0 �y 3 roi w N to N N +4 >~ N a +) � p 0 w W q N O (0 U N V] U1 o ro ro p 3 to rq 0 m P444 w ,14 �o 0 �o 0 0 4-) N w to CQ RJ 4 En N N U1 � N Lj 44 U Z p N N N H 54 10 U Q 0a N co O U U SI +-) 04 +-) r1 +) N a b m m 0 G N N 14 N N N S-1 U :j of N -P N +) b U-1 1 O I-1 b N 'i. N (a U (d U c0 0 H N +) D N D 41 0 En U 0 N O En I D (n O W O U) E, rI N 4-4 4) 1 1 [ Nto Hp HpJ Zo a0 W o 11 0 o aH AU)tp +J p p til 4-3 u) 4co � x E -H q H t� W 14 O O O O O Ul woz�0 q a�NOH o P P4 P4 pN 04 pN N 4-) w0 HcnwH 9 � z EDWARD W. SCHROEDER CERTIFIED PUBLIC ACCOUNTANT 1904 SOUTH STREET BOX 486 BLAIR, NEBRASKA 68008 Honorable Chairman and Members of the Airport Authority Board Blair, Nebraska Dear Gentlemen: RESIDENCE: (402) 468-5253 OFFICE: (402) 426-4080 February 25, 1998 "Compliance and Internal Control over financial reporting" I have audited the financial statements of the Blair Airport Authority as of and for the year ended September 30, 1997, and have issued my report thereon dated February 25, 1998. I conducted my audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General. of the United States. Compliance As part of obtaining reasonable assurance about whether Blair Airport Authori- ty's financial statements are free of material misstatement, I performed tests of its compliance with certain provisions of laws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determina- tion of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of my audit and, accordingly, I do not express such an opinion. The results of my tests disclosed no instances of noncom- pliance that are required to be reported under Government Auditing Standards. Internal Control Over Financial Reporting In planning and performing my audit, I considered Blair Airport Authority's internal control over financial reporting in order to determine my auditing pro- cedures for the purpose of expressing my opinion on the financial statements and not to provide assurance on the internal control over financial reporting. However, I noted certain matters involving the internal control over financial reporting and its operation that I consider to be reportable conditions. Reportable conditions involve matters coming to my attention relating to significant deficiencies in the design or operation of the internal control over financial reporting that, in my judgment, could adversely affect the Blair Airport Authority's ability to record, process, summarize and report financial data consistent with the assertions of management in the financial statements. Reportable conditions are described in the accompanying schedule of findings and questioned costs as item #1. -11- Honorable Chairman and Members of the Airport Authority Board Page 2 A material weakness is a condition in which the design or cooperation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. My consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses. However, I believe none of the report- able conditions described above is a material weakness. This report is intended for the information of the audit committee, management and federal awarding agencies and pass-through entities. However, this report is a matter of public record and its distribution is not limited. Edward W. Schroeder Certified Public Accountant -12- EDWARD W. SCHROE E CERT'IFIE'D PUBLIC ACCOUNTANT 1904 SOUTH STREET BOX 486 BLAIR, NEBRASKA 68008 Honorable Chairman and Members of the Airport Authority Board Blair, Nebraska Gentlemen: RESIDENCE; (407) 468-5753 OFFICE: (407) 476-4080 February 25, 1998 "Internal Control over Compliance for Major Programs" I have audited the compliance of the Blair Airport Authority with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) circular A-133 Compliance Supplement that are applicable to each of its major feder- al programs for the year ended September 30, 1997. Blair Airport Authority's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Compliance with the re- quirements of laws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of Blair Airport Authority's manage- ment. My responsibility is to express an opinion on Blair Airport Authority's compliance based on my audit. I conducted my audit of compliance in accordance with generally accepted audit- ing standards; the standards applicable to financial audits contained in Government Auditing Standards, issued by Comptroller General of the United States; and OMB Circular A-133, "Audits of States and Local Governments and Non -Profit organiza- tions." Those standards and OMB Circular A-133 require that I plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Blair Airport Authority's compliance with those requirements and performing such other procedures as I considered necessary in the circumstances. I believe that my audit provides a reasonable basis for my opinion. My audit does not provide a legal determination on Blair Airport Authority's compliance with those requirements. In my opinion, Blair Airport Authority complied, in all material respects, with the requirements referred to above that are applicable to each of its major federal programs for the year ended September 30, 1997. Internal Control Over Compliance The management of Blair Airport Authority is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In planning and performing my audit, I considered Blair Airport Authority's internal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine our auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal control over compliance in accordance with OMB Circular A-133. -13- Honorable Chairman and Members of the Blair Airport Authority Page 2 I noted certain matters involving the internal control over compliance and its operation that I consider to be reportable conditions. Reportable conditions in- volve matters coming to my attention relating to significant deficiencies in the design or operation of the internal control over compliance that, in my judgment, could adversely affect Blair Airport Authority's ability to administer a major federal program in accordance with applicable requirements of laws, regulations, contracts and grants. Reportable conditions are described in the accompanying schedule of findings and questioned costs as item #1. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would be material in relation to a major federal program being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. My consideration of the internal control over compliance would not necessarily disclose all matters in the internal control that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be mate- rial weaknesses. However, I believe none of the reportable conditions described above is a material weakness. This report is intended for the information of the audit committee, management and federal awarding agencies and pass-through entities. However, this report is a matter of public record and its distribution is not limited. Edward W. Schroeder Certified Public Accountant -14- SCHEDULE OF FINDINGS AND QUESTIONED COSTS BLAIR AIRPORT AUTHORITY SEPTEMBER 30, 1997 A. AUDIT RESULTS: 1. Report Type - Unqualified 2. Reportable conditions were disclosed by the audit but were not considered a material weakness. 3. No material non-compliance. 4. Reportable conditions in internal control over major programs were disclosed by the audit but were not considered a material weakness. 5. Unqualified report on compliance for major programs. 6. Audit finding - Small government lack of separation of duties. 7. Major program in U.S. Department of Transportation CFDA #20.106. 8. Dollar threshold used for Type A programs $300,000. 9. Blair Airport Authority is not a low-risk auditee. B. Finding in accordance with GALAS - Small government lack of separation of du- ties. c. Finding #1. Reportable condition in internal control in financial reporting and major programs due to lack of separation of duties. Recommendations: Due to the size of government staff adequate separation of duties is uneconomical and inefficient. No action required. -15- OMB No. 0348-0057 is FORM SF -SAC U.S. DEPARTMENT OF COMMERCE - BUREAU OF THE CENSUS ACTING AS cOU ECnNG AGENT FOR (8-97) - OFFICE.OF MANAGEMENT AND BUDGET Data Collection Farm for Reporting on AUDITS OF STATES, LOCAL GOVERNMENTS, AND NON-PROFIT ORGANIZATIONS • Single Audit Clearinghouse ' Complete this form, as required by OMB Circular A -133, -"Audits 1201 E..loth Street -of States, Local Governments, and Non -Profit Organizations.` 9 - - Jeffersonville, IN 47132 GENERAL INFORMATION (To be completed by auditee, except for Item 7) 1. Fiscal year ending date for this submission 2_ Type of CircularA-133 audit 1 Month Day Year ti 09 / 30 /9712 Single audit 2171 Program -specific audit 3. Audit period covered FEDERAL 4. Date received by Federal GOVERNMENT clearinghouse 1 ®Annual a ❑ Other Months USE ONLY 2 ❑ Biennial 5. Employer Identification Number (EIN) a. Auditee EIN REiElI9A b.Are multiple EINs covered in this report? 1G Yes z No 6. AUDITEE INFORMATION 7. AUDITOR INFORMATION (To be completed by auditor) . a. Auditor name a. Auditee name Blair Airport Authority Edward W. Schroeder In. Auditee address (Number and street) b. Auditor address (Number and street) city State ZIP Code c. Auditee contact Name Title d. Auditee contact telephone ( 402) 426 — 4191 e. Auditee contact FAX (Optional) f. Auditee contact E-mail (Optional) g. AUDITEE CERTIFICATION STATEMENT -This is to certify that, to the best of my knowledge and belief, the auditee has: (1) Engaged an auditor to perform an audit in accordance with the provisions of OMB Circular A-133 for the period described in Part 1, Items 1 and 3; (2) the auditor has completed such audit and presented a signed audit report which states that the audit was conducted in accordance with the provisions of the Circular; and, (3) the information included in Parts 1, 11, and 111 of this data collection form is accurate and complete. I declare that the foregoing is true and correct. Sign'-e�) certifyip official Date 11 MonA Day Year Name�#fe of certifying official I l\ -16- 1904 South St Box 486 City Blair State ZIP Code c. Auditor contact Name Title d. Auditor contact telephone ( 402) 426 — 4080 e. Auditor contact FAX (Optional) (402) 426 — 9340 f. Auditor contact E-mail (Optional) 9. AUDITOR STATEMENT -The data elements and information included in this form are limited to those prescribed by OMB Circular A-133. The information included in Parts If and III of the form, except for Part III, Items 5 and 6, was transferred from the auditor's report(s) for the period described in Part I, Items 1 and 3, and is not a substitute for such reports. The auditor has not performed any auditing procedures since the date of the auditor's report(s). A copy of the reporting package required by OMB Circular A-133, which includes the complete auditor's report(s), is available in its entirety from the auditee at the address provided in Part I of this form. As required by OMB Circular A-133, the information in Parts 11 and III of this form was entered in this form by the auditor based on information included in the reporting package. The auditor has not performed any additional auditing procedures In connection with the completion of this form. Signature of auditor Date o Month Day Yew �� . �— /mss /9t EiN; i• ( VCIV GI71".6. t1Yf v.u�.r'...�.� ��......��. S. Indicate whether the auditee has either a Federal cognizant or oversight agency for audit. (Mark (X) one box) i CZ Cognizant agency 2 D Oversight agency 9. Name of Federal cognizant or oversight agency for audit (Mark (X) one box) of 71 African Development 83 ❑ Federal Emergency le ❑ Justice 0e Q Peace Corps Foundation Management Agency 17 ❑ Labor :. s9 CZ Small Business 02 ❑ Agency for 34 ❑ Federal Mediation and as National Aeronautics - Administration International Conciliation Service- and Space 9e ❑ Social Security Development 39C General Services Administration Administration to G Agriculture Administration a9 ❑ National Archives and 19 C1 State 1i ❑ Commerce 93 i❑ Health and Human Records Administraton 20 C2�Transportatlon 94 G Corporation for Services o5 D National Endowment 21 ❑ Treasury National and 14 D Housing and Urban for the Arts e2 ❑ United States Community Service Development os D National Endowment Information Agency 120 Defense 03 ❑ Institute for Museum for the Humanities e4 D Veterans Affairs 84 C Education Services 47 D National Science ❑ Other — Specify: 81 ❑ Energy oa Inter -American Foundation es ❑ Environmental Foundation 07 D Office of National Drug D interior Control Policy Protection Agency 15 FINANCIAL STATEMENTS (To be completed by auditor) 1. Type of audit report (Mark (X) one box) 7 ER Unqualified opinion 2 D Qualified opinion 3D Adverse opinion 4M Disclaimer of opinion 2. Is a "going concern" explanatory paragraph included in the audit report? 1 D Yes 20 No 3. Is a reportable condition disclosed? 1 Y1 Yes 2 D No — SKIP to Item 5 4. Is any reportable condition reported as a material weakness? 1 D Yes 2R] No S. Is a material noncompliance disclosed? 10 Yes 2R] No FEDERAL PROGRAMS (To be completed by auditor) 1. Type of audit report on major program compliance 7 fix'. Unqualified opinion 2 D Qualified opinion 3 D Adverse opinion 4D Disclaimer of opinion 2. What is the dollar threshold to distinguish Type A and Type B programs §_.520(b)? S 300,000 3. Did the auditee qualify as a low-risk auditee (§_ .530)? 10 Yes 2[K No 4. Are there any audit findings required to be reported under §_ ,510(a)? 10 Yes 2Z] No 5. Which Federal Agencies are required to receive the reporting package? (Mark (X) all that apply) of D African Development 83 D Federal Emergency is D Justice Foundation Management Agency 170 Labor os D Peace Corps 59 D Small Business 02 D Agency for 34 D Federal Mediation and 43 D National Aeronautics Conciliation Service and Space Administration se Social Security International Development 39 D General Services Administration Administration to D -Agriculture Administration as D National Archives and t9 M State ii D Commerce 93 D Health and Human Records Administraton 20 M Transportation 94 D Corporation for Services o5 D National Endowment 21 [] Treasury National and i4 D Housing and Urban for the Arts 82 D United States Community Service Development osD National Endowment Information Agency 120 Defense o3 D Institute for Museum for the Humanities sa ❑ Veterans Affairs 84 D Education Services 47 D National Science oo E7 None si ❑ Energy oa ❑ Inter -American Foundation p fy. D Other - Specify: Foundation o7 D Office of National Drug ss F -I Environmental r—+-1 ,,,,i;,,,, FORM SF SAC (8-97) Page 2 —17— b m 5 ' G C 0 v 1 N a a t� Q cc CL d cc LL c LL LL Ll c n FORM SF -SAG (8.97) •U.S.0PO:1997.549.078/80114 —18— Z U m Page 3 3 m d �o Q U U U U U U U U U U _M co O ❑ ❑ _ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ O? ��.. C . en am am am am` am mca am am cn ch m U W y �4c-,. - ❑®. ❑0 ❑� ❑❑ ❑� ❑� El 11 ❑� Cl❑ ❑❑ U. 0 �> D C WO c m o UJ � O y y LL. as c� O O iif O �' " O= m O � m F E °' W~ E cn Qc °O c� lwn O 64 69 69 63 Ql3 to v4 64 6R to z ami �.a z,-, O Q4CL t c Q 67 Z O C 4s WQ Z z r Z ° m 0 ami ti Q a 2 y0 O C 0 0 0 0 O O O O OU N •� m E.o� Q .. }Z }z }Z }Z }Z }Z }Z }Z > Z }Z Q� n a 20 Y L�❑ 0 C ❑❑ 11 ED [I ❑❑ ❑Cl ❑❑ 0 ❑❑ CL O O •`� u UC 0! Q m a m C 0I�TCj' O C to to 4= > m O TN •� m ai m oy U a=i mam E' -ac E� Qy � N m =oa�E0.0 N Qa-Eaa m o 6 9 64 64 ka 69 64 64 64 69 V9 6Fi r, 7 d N o U o_ N neo m E C72_�X j j o m } Q m ° J ?s Z LL E UO� d 0 ° 0) U.:° w X U W 0 m E k z . � U. 4- � N a m .°- � U o a� D0 O o• > Q W C cao c a LLJ0 E z a� ,� a v oC0c.. E E a ami ��EQ c W CL H 41QU J �.CD m W O � cc. W _ c —T -o Em E i a c a—mm_Q ; au E QQU❑WW a Q / 'a U Qm U❑Wu. •� w O r 0 = lO O O °' c 0.0 LOU W 1i. U = C ry t0 FORM SF -SAG (8.97) •U.S.0PO:1997.549.078/80114 —18— Z U m Page 3 3 m d