Joint Audit Committee: Audit reviews state’s administration of federal funds in FY 2020-21

MADISON – Today, the nonpartisan Legislative Audit Bureau (LAB) released its Single Audit (report 22-5), which evaluated state agencies’ administration of $20.8 billion in federal financial assistance during fiscal year (FY) 2020-21. Although state agencies generally complied with federal requirements, LAB qualified its opinion on compliance for certain requirements related to the Emergency Rental...