FAC Explorer

Audit 291732

FY End
2023-09-30
Total Expended
$2.36M
Findings
2
Programs
3
Organization: Housing and Redevelopment Authority of Austin (MN)
Year: 2023 Accepted: 2024-02-22
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
370187 2023-002 Significant Deficiency - L
946629 2023-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $978,930 Yes 1
14.872 Public Housing Capital Fund $452,077 - 0
14.850 Public and Indian Housing $148,789 - 0

Contacts

Name Title Type
C6FDFWBK6Y41 Angela Maiden Auditee
5074331866 Mary Reedy Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Housing and Redevelopment Authority of Austin (the HRA) under programs of the federal government for the year ended September 30, 2023 The information in this Schedule is presented in accordance with the requirements of 2 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 of the HRA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the HRA. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The HRA has no sub-recipients and no loans or loan guarantees as part of their federal programs. De Minimis Rate Used: Y Rate Explanation: The HRA has elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-002
Criteria or Specific Requirement: The HRA is responsible for establishing and maintaining internal controls over submission of form HUD-50058 annually for each tenant. Condition: During report testing, it was noted that form HUD-50058 was not submitted as required. Questioned Costs: None Context: 1 of 21 tenant files tested did not have support that the HUD-50058 was submitted as required. Cause: Oversight by those preparing and submitting the form. Effect: The potential exists that the HRA is not reimbursed for the HAP payments made related to the tenant tested. Repeat Finding: No Recommendation: We recommend that the HRA continue to evaluate their procedures and controls in place over the submission of these forms. Views of Responsible Officials: Management agrees with the finding and will continue to evaluate its processes to determine if additional procedures need to be implemented.
Finding 2023-002
Criteria or Specific Requirement: The HRA is responsible for establishing and maintaining internal controls over submission of form HUD-50058 annually for each tenant. Condition: During report testing, it was noted that form HUD-50058 was not submitted as required. Questioned Costs: None Context: 1 of 21 tenant files tested did not have support that the HUD-50058 was submitted as required. Cause: Oversight by those preparing and submitting the form. Effect: The potential exists that the HRA is not reimbursed for the HAP payments made related to the tenant tested. Repeat Finding: No Recommendation: We recommend that the HRA continue to evaluate their procedures and controls in place over the submission of these forms. Views of Responsible Officials: Management agrees with the finding and will continue to evaluate its processes to determine if additional procedures need to be implemented.