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U.S. Environmental Protection Agency
Office of Inspector General
At a Glance
2006-1-00018
November 29, 2005
Catalyst for Improving the Environment
Why We Did This Audit
We performed this audit to
determine:
Whether the Nevada Drinking
Water State Revolving Fund
Program's (the Program)
financial statements were fairly
presented in all material
respects;
To what extent the Program's
internal controls over financial
reporting could be relied upon;
and
• Whether the Program complied
with applicable laws and
regulations.
Background
The requirement for audited
financial statements was enacted to
help ensure that the State
Revolving Fund Programs had
management practices, systems,
and controls in place to provide
reliable information for managing
the Federally funded program.
State of Nevada Drinking Water
State Revolving Fund Program
Financial Statements for Year Ended June 30, 2004
What We Found
We rendered unqualified opinions on the State of Nevada Drinking Water State
Revolving Fund Program's Fiscal Year 2004 financial statements, and
Nevada's compliance with applicable laws and regulations. Specifically, the
financial statements present fairly, in all material respects, the financial
position of the Program. Further, in our opinion, the Program complied, in all
material respects, with applicable program requirements. We noted no matters
involving the internal control over financial reporting and its operations that
we considered to be material weaknesses.
For further information,
contact our Office of Congressional
and Public Liaison at (202) 566-2391.
To view the full report, click on the
following link:
www.epa.aov/oia/reports/2006/
20051129-2006-1 -00018.pdf

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