FAC Explorer

Audit 27901

FY End
2022-12-31
Total Expended
$1.88M
Findings
2
Programs
4
Organization: Area Xv Multi-County Housing Agency (IA)
Year: 2022 Accepted: 2023-09-26
Auditor: Core CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
32425 2022-001 Significant Deficiency - N
608867 2022-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $1.53M Yes 1
14.850 Public and Indian Housing $294,881 Yes 0
14.872 Public Housing Capital Fund $57,435 - 0
14.879 Mainstream Vouchers $0 - 0

Contacts

Name Title Type
P397VQHMTF46 Gail Caldwell Auditee
6419375222 Jake B Klabenes Auditor
No contacts on file

Notes to SEFA

Title: General Statement Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Area XV Multi-County Housing Agency has not elected to use the 10% de minimis cost rate as covered in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 200.414 Indirect (F&A) Costs. The accompanying Schedule of Expenditures of Federal Awards includes the grant activity of Area XV Multi-County Housing Agency under programs of the federal government for the year ended December 31, 2022. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Authority.

Finding Details

Finding 2022-001
Significant Deficiency in Internal Controls over Compliance/Compliance with Regulations ? Federal Awards Compliance ? Allowable Costs Federal Program: ALN 14.871 ? Section 8 Housing Choice Vouchers Pass-Through Entity: U.S. Housing and Urban Development Award Number: N/A Compliance Requirements: Special Tests and Provisions Type of Finding: Significant Deficiency in Internal Control over Compliance Criteria: See Part II, Finding 2022-003 Condition and Context: See Part II, Finding 2022-003 Questioned Costs: N/A Cause: See Part II, Finding 2022-003 Effect or Potential Effect: See Part II, Finding 2022-003 Recommendation: See Part II, Finding 2022-003 Repeat Finding: N/A Responsible Official?s Response and Corrective Action Plan: See Page 52, Finding 2022-003 Planned Implementation Date: See Page 52, Finding 2022-003 Person Responsible for Corrective Action: Executive Director
Finding 2022-001
Significant Deficiency in Internal Controls over Compliance/Compliance with Regulations ? Federal Awards Compliance ? Allowable Costs Federal Program: ALN 14.871 ? Section 8 Housing Choice Vouchers Pass-Through Entity: U.S. Housing and Urban Development Award Number: N/A Compliance Requirements: Special Tests and Provisions Type of Finding: Significant Deficiency in Internal Control over Compliance Criteria: See Part II, Finding 2022-003 Condition and Context: See Part II, Finding 2022-003 Questioned Costs: N/A Cause: See Part II, Finding 2022-003 Effect or Potential Effect: See Part II, Finding 2022-003 Recommendation: See Part II, Finding 2022-003 Repeat Finding: N/A Responsible Official?s Response and Corrective Action Plan: See Page 52, Finding 2022-003 Planned Implementation Date: See Page 52, Finding 2022-003 Person Responsible for Corrective Action: Executive Director