State of Delaware Fiscal Year 2022 Single Audit (Uniform Guidance)

… ation Dr. Mark Holodick Finance Richard Geisenberger Health and Social Services Molly Magarik Human Resources Claire DeMatteis Labor Karryl Hubbard Delaware National Guard Major General Michael Berry Natural Resources and Environmental Co …

… ties, and Net Assets or Equity Cash Equivalents, Pooled Cash Investments, and Investments Cash equivalents consist of demand deposits, short-term money market securities, and other deposits held by financial institutions, generally with ori …

… lion and is rated not lower than “II” by Fitch, Inc. “Peer Group Rating”. The Board has also determined that State demand deposits need not be collateralized, provided that any bank that holds these funds has had for the last two years a …

… n was $143.2 million and the associated collateral was $148.7 million. All open security loans can be terminated on demand by either the System or borrower. The collateral is valued at fair value obtained from independent pricing service …

… ed on the campus of the University, the construction of which was financed by the Kent County, Delaware Variable Rate Demand Student Housing Revenue Bonds (Delaware State University Student Housing Foundation Project) Series 2004B; (3) the …

… nd Security, Federal Emergency Management Agency (FEMA) State Division Name: Delaware Emergency Management Agency (DEMA) Federal Program: Disaster Grants - Public Assistance (Presidentially Declared Disasters), COVID-19 – Disaster Gran …

… (86) Section III – Findings and Questioned Costs – Major Federal Programs (Continued) Condition: DEMA could not produce supporting documentation that it reported required subaward information to FSRS for first-tier suba …

… n that it reported required subaward information to FSRS for first-tier subawards of $30,000 or more. Context: DEMA was not able to provide supporting documentation for FSRS reporting for four of five subawards selected for testing. …