In the quiet chambers of the Oklahoma County Budget Board meeting, a significant discussion unfolded regarding the ongoing audit of CARES Act funding. As officials gathered, the atmosphere was charged with anticipation over the Treasury's recent communication concerning the review of questioned costs related to the county's expenditures.
The meeting revealed that the Treasury had requested all supporting documentation from the county's office, a step that follows an earlier audit conducted from April to October. This audit, which concluded with a report in December, highlighted various activities and raised questions about certain costs incurred during the pandemic response. The county's representatives explained that the next phase would involve the Treasury completing the audit and reviewing these questioned costs.
However, challenges loom on the horizon. Due to staffing shortages and the impending end of the review period, the Treasury has decided to limit its engagement, opting not to accept replacement costs or conduct a more thorough audit at this time. Instead, they will focus on the documentation provided by the county. Unfortunately, no timeline was given for when the county might expect a response, leaving officials to brace for potential delays as the Treasury grapples with a backlog of cases.
As the meeting progressed, it became clear that the implications of this audit extend beyond mere paperwork. The outcome could significantly affect the county's financial landscape and its ability to address ongoing needs stemming from the pandemic. With uncertainty hanging in the air, the Budget Board remains vigilant, ready to adapt to whatever decisions the Treasury may ultimately render.