Report: Management Implication Report: Some States Failed to Conduct Required Financial Audits of Their State Revolving Funds
Report #24-N-0060, September 12, 2024
Why We Did This Report
We are alerting the U.S. Environmental Protection Agency to issues that the Office of Inspector General has encountered regarding mandatory audits of state revolving funds, or SRFs.
Summary of Findings
The statutes creating the SRFs require states to conduct financial and compliance audits of their SRFs. The EPA’s implementing regulations expressly or implicitly require, among other things, that the states send these audits to the OIG and that the OIG review the audits. Until our April 2023 request, the states have not submitted their audits to the OIG so that the OIG can determine whether those audits meet regulatory requirements.
Report Materials
Full Report - 24-N-0061 (pdf) (593KB)
OIG Independence of EPA
The EPA's Office of Inspector General is a part of the EPA, although Congress provides our funding separate from the agency, to ensure our independence. We were created pursuant to the Inspector General Act of 1978, as amended.
Environmental Protection Agency | Office of Inspector General
1200 Pennsylvania Avenue, N.W. (2410T) | Washington, DC 20460 | 202-566-2391
OIG Hotline: 1-888-546-8740.