Federal Reports

In fiscal year 2023, the CSB complied with improper payment requirements pursuant to the PIIA. The CSB's combined outlays for all programs totaled $8.988 million. CSB management decided to perform an improper payment risk assessment for fiscal year 2023 even though it was not required to do so, as none of its programs or activities exceeded the $10 million threshold. The risk assessment revealed no unknown payments and a gross improper payment totaling $23,651, or 0.26 percent of total outlays, in the following expense categories: payroll, lodging taxes, sales taxes, and purchases. In addition, we confirmed that the CSB completed OMB requirements to publish any applicable payment integrity information in its annual financial statement and post the annual financial statement on its website.

As required by the Reports Consolidation Act of 2000, Public Law 106-531, we prepared an assessment summarizing what we consider to be the most significant management and performance challenges facing GSA in Fiscal Year 2025.

This report represents our current assessment of the U.S. Small Business Administration's programs and activities that pose significant risks, including those that are particularly vulnerable to fraud, waste, error, mismanagement, or inefficiencies. The Challenges are not presented in order of priority, as we believe that all are critical management or performance issues.

Management and performance challenges facing the Commission and briefly assesses management's progress