FAC Explorer

Audit 26339

FY End
2022-09-30
Total Expended
$976,989
Findings
6
Programs
2
Organization: Valley of the Sun School Properties Four (AZ)
Year: 2022 Accepted: 2023-01-04
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
22324 2022-001 Significant Deficiency - N
22325 2022-001 Significant Deficiency - N
22326 2022-001 Significant Deficiency - N
598766 2022-001 Significant Deficiency - N
598767 2022-001 Significant Deficiency - N
598768 2022-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
14.239 Home Investment Partnerships Program $119,042 - 0
14.181 Supportive Housing for Persons with Disabilities $4,180 Yes 1

Contacts

Name Title Type
Q166LN135TK1 Nancy Bills Auditee
6029970013 Pamela Eggert Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. The Projects summary of significantaccounting policies is presented in Note 1 in the Projects basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were 119024.

Finding Details

Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.
Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.
Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.
Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.
Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.
Finding 2022-001
Special Tests and Provisions Significant Deficiency in Internal Control and Noncompliance Criteria: Valley of the Sun School Properties Four (the Project) is required to use project funds for reasonable operating expenditures for the Project. Condition: During testing performed, we identified one out of 17 expenditures that was related to another project. Cause: Due to an oversight by the Project, it paid for an expenditure for another project. Effect: The Project is not in compliance with the guidelines under the terms of the program. Questioned Costs: $51 Context/Sampling: A nonstatistical sample of 17 out of 179 expenditures were selected for testing. Repeat Finding from Prior Year(s): No Recommendation: Reimburse the Project for amounts paid for another project. Views of Responsible Officials: Management agrees.