Federal Reports

This report details KPMG’s audit of trust funds financial statements from the Bureau of Trust Funds Administration for fiscal years 2023 and 2022.

As part of our annual audit plan, we performed an audit of costs billed to the Tennessee Valley Authority (TVA) by Express Scripts, Inc. (ESI) for pharmacy benefits management services under Contract No. 11023. Our audit objective was to determine if costs were billed in accordance with the terms of the contract. Our audit scope included approximately $95.8 million in costs billed to TVA from January 2, 2021, through October 18, 2022.In summary, we determined:ESI overbilled TVA $1,291,051 in maintenance medication refill claims that were in excess of the contract's three 30-day supply refill limits for maintenance medications. ESI billed TVA $20,078 in duplicate claim costs.(Summary Only)

During this semiannual reporting period, the National Endowment for the Arts (NEA) Office of Inspector General (OIG) completed two audits – one focused on the NEA’s compliance with Federal information security requirements and the other an audit of four NEA grants awarded to a state arts agency. From these audits, we issued two reports that include questioned costs of $1,986,620 a potential refund due of $36,089, and 20 recommendations to help improve NEA information security operations and awardees’ stewardship of grant funds.We also worked with the NEA on the follow-up process, required by the Office of Management and Budget, that resulted in the NEA and awardees taking corrective actions on 24 OIG recommendations – nearly 44 percent of open recommendations for the semiannual period. In addition, we resolved 78 percent of the hotline complaints received during the semiannual period, and two complaints will be considered for inclusion in our 2024 audit plan.Finally, we continuously monitor NEA’s top management challenges and noted that the NEA continues to make progress in addressing these challenges, and is quick and strategic in responding to new challenges as they occur. In terms of new challenges, NEA has demonstrated its ability to effectively steward increased funding over the past three years. NEA also faces an enhanced role in President Biden’s Executive Order #14084, which includes a whole-of-government approach for advancing the arts, the humanities, and museum and library services. We will include a more thorough discussion of this and other challenges in our next semiannual report.I applaud the NEA and the OIG staff for continuing to press forward and effectively work together to deliver our respective missions in a high-quality manner. The value-added work that the OIG accomplished this period is due to my staff’s commitment to excellence, continued growth, and dedication; along with the support of the NEA Chair and her staff. We will continue to work with the NEA Chair and staff to promote economy, efficiency, and effectiveness while helping to ensure integrity, excellence, and value in the delivery of NEA’s mission

This semiannual report informs Congress of the Peace Corps Office of Inspector General's work from April 1, 2023, through September 30, 2023.