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' Schedule of Findings and Questioned Costs For the Fiscal Year Ended June 30,2004 <br /> A. Summary of Auditors'Results <br /> ' 1. The auditors' report expresses an unqualified opinion on the financial statements of the Town of Mashpee, <br /> Massachusetts. <br /> ' 2. There were no reportable conditions disclosed during the audit of the financial statements. <br /> 3. One instance of noncompliance material to the financial statements of the Town of Mashpee,Massachusetts <br /> was disclosed during the audit. <br /> 4. One reportable condition in internal control over major federal award programs disclosed during the audit is <br /> reported in the Independent Auditors' Report on Compliance with Requirements Applicable to Each Major <br /> ' Program and on Internal Control Over Compliance in Accordance with OMB Circular A-133. The item <br /> described in the schedule of findings and questioned costs as item 04-1 was considered to be a material <br /> weakness. <br /> ' 5. The auditors' report on compliance for the major federal award programs for the Town of Mashpee, <br /> Massachusetts expresses a qualified opinion on the Special Education Cluster of programs and an unqualified <br /> ' opinion on the Title I programs. <br /> 6. Audit findings that are required to be reported in accordance with Section 510(a)of OMB Circular A-133 are <br /> reported in this schedule,starting on page 9. <br /> 7. The programs tested as major programs included: <br /> CFDA <br /> Program Description Number <br /> ' Title I Distribution 84.010 <br /> Special Education Cluster: <br /> ' SPED 94-142 84.027 <br /> SPED Program Improvement 84.027 <br /> SPED Preschool Grants 84.173 <br /> 8. The threshold used for distinguishing between Type A and B programs was$300,000. <br /> 9. The Town of Mashpee,Massachusetts did not qualify as a low-risk auditee. <br /> B. Findings-Financial Statement Audit <br /> ' None. <br /> Town of Mashpee,Massachusetts 8 Reports on Federal Award Programs <br />