State & Local Reports

What Was Performed? A financial statement audit of the Delaware College Investment Plan Annual Report for Calendar Year ended December 31, 2019 was performed.Why This Audit? Under 29 Del. C. § 2906, the Auditor of Accounts is releasing a financial statement audit of the Delaware College Investment Plan, or Delaware’s 529 Plan, Annual Report for Calendar Year ended December 31, 2019.Delaware’s 529 Plan, founded in 1998 through legislation, is sponsored by the State of Delaware and managed by Fidelity Investments. The Plan provides tax-advantaged accounts designed to help parents, grandparents, and others pay for education expenses, reducing the possibility of debt.

This audit was conducted to determine whether City Procurement’s monitoring controls for PCards are adequate, with a focus on COVID-19 related purchases.

What Was Performed? An examination of Churchman Village Long-Term Healthcare Facility as of June 30, 2016 was performed.The State of Delaware is required to ensure that the fiscal records at nursing care facilities are retained and properly support the cost report, or the financial report showing the cost and charges related to Medicaid activities, submitted to the Medicaid Agency. These costs must be in compliance with federal and state regulations.Why This Report? Under the Delaware Medicaid State Plan, the State is required to examine a sample of six facilities around the State. This is to ensure the facility’s costs reports and wage surveys are in compliance with federal requirements and state requirements.

The audit found the Office of the Comptroller of the Commonwealth's administration of employee payroll and reimbursements, as well as other non-payroll expenses has been adequate. The audit examined the period of July 1, 2017 through June 30, 2019.