FAC Explorer

Audit 11003

FY End
2023-06-30
Total Expended
$10.84M
Findings
2
Programs
25
Organization: Isothermal Planning and Development Commission (NC)
Year: 2023 Accepted: 2024-01-11
Auditor: Anderson Smith & Wike PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
8279 2023-002 Significant Deficiency Yes L
584721 2023-002 Significant Deficiency Yes L

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $6.29M Yes 1
17.258 Wia Adult Program $600,112 - 0
17.259 Wia Youth Activities $495,891 - 0
93.667 Social Services Block Grant $246,065 - 0
93.053 Nutrition Services Incentive Program $156,211 Yes 0
93.052 National Family Caregiver Support, Title Iii, Part E $137,458 - 0
14.000 Emergency Housing Vouchers - Hap $119,764 - 0
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $79,248 Yes 0
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $69,801 Yes 0
11.302 Economic Development_support for Planning Organizations $67,868 - 0
17.280 Workforce Investment Act (wia) Dislocated Worker National Reserve Demonstration Grants $66,622 - 0
17.278 Wia Dislocated Worker Formula Grants $50,000 - 0
14.896 Family Self-Sufficiency Program $31,399 - 0
23.009 Appalachian Local Development District Assistance $27,738 - 0
14.239 Home Investment Partnerships Program $27,386 - 0
23.002 Appalachian Area Development $23,184 - 0
93.043 Special Programs for the Aging_title Iii, Part D_disease Prevention and Health Promotion Services $22,086 - 0
20.205 Highway Planning and Construction $20,000 - 0
14.000 Emergency Housing Vouchers - Administrative $13,079 - 0
14.000 Emergency Housing Vouchers - Services $8,846 - 0
14.231 Emergency Solutions Grant Program $6,830 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $5,663 - 0
93.041 Special Programs for the Aging_title Vii, Chapter 3_programs for Prevention of Elder Abuse, Neglect, and Exploitation $3,670 - 0
93.791 Money Follows the Person Rebalancing Demonstration $915 - 0
93.042 Special Programs for the Aging_title Vii, Chapter 2_long Term Care Ombudsman Services for Older Individuals $662 - 0

Contacts

Name Title Type
QRG2L9XNWC17 Charlotte Sullivan Auditee
8283512335 Shannon Dennison Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Commission has not elected to use the ten percent de minimis cost rate allowed under Uniform Guidance. The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of the Commission under the programs of the federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the SEFSA presents only a selected portion of the operations of the Commission, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Commission.

Finding Details

Finding 2023-002
Criteria: Entities that administer the Housing Choice Voucher Program must submit audited financial information annually to the Department of Housing and Urban Development (HUD) in accordance with 24 CFR 5.801 – uniform financial reporting standards. Audited financial information must be submitted to HUD electronically through HUD’s Real Estate Assessment Center (REAC) website, and the submission of this information to HUD must take place within nine months of the entity’s fiscal year end. Condition: Audited financial information for the period ending June 30, 2022 was not submitted to HUD through the REAC website within the required time-frame. Effect: FRC is in violation of HUD financial reporting requirements. Cause: Oversight. Identification of a Repeat finding: This is a repeat finding from the immediate past audit. Questioned Cost: None. Recommendation: We recommend that management ensures future submissions are completed on a timely basis. Management Response: Management agrees with this finding and recommendation.
Finding 2023-002
Criteria: Entities that administer the Housing Choice Voucher Program must submit audited financial information annually to the Department of Housing and Urban Development (HUD) in accordance with 24 CFR 5.801 – uniform financial reporting standards. Audited financial information must be submitted to HUD electronically through HUD’s Real Estate Assessment Center (REAC) website, and the submission of this information to HUD must take place within nine months of the entity’s fiscal year end. Condition: Audited financial information for the period ending June 30, 2022 was not submitted to HUD through the REAC website within the required time-frame. Effect: FRC is in violation of HUD financial reporting requirements. Cause: Oversight. Identification of a Repeat finding: This is a repeat finding from the immediate past audit. Questioned Cost: None. Recommendation: We recommend that management ensures future submissions are completed on a timely basis. Management Response: Management agrees with this finding and recommendation.