FAC Explorer

Audit 293714

FY End
2021-06-30
Total Expended
$13.84M
Findings
4
Programs
6
Organization: Housing Authority of the City of Annapolis (MD)
Year: 2021 Accepted: 2024-03-06
Auditor: Barbacane Thornton & Company LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
372637 2021-002 Material Weakness Yes A
372638 2021-002 Material Weakness Yes A
949079 2021-002 Material Weakness Yes A
949080 2021-002 Material Weakness Yes A

Programs

ALN Program Spent Major Findings
14.872 Public Housing Capital Fund $5.01M Yes 0
14.850 Public and Indian Housing $460,209 Yes 1
14.871 Section 8 Housing Choice Vouchers $233,681 - 0
14.218 Community Development Block Grants/entitlement Grants $135,536 - 0
14.896 Family Self-Sufficiency Program $79,358 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $69,171 - 0

Contacts

Name Title Type
CCWTQZMSKTT4 CIA Cook Auditee
4434823027 Steven Kutsuflakis Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards 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. De Minimis Rate Used: N Rate Explanation: The Authority did not charge any indirect costs to any of their federal grants and programs during this fiscal year. As such, the Authority has not elected to use the 10 de minimus indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal award activity of the Housing Authority of the City of Annapolis (“the Authority”) under programs of the federal government for the year ended June 30, 2021. The information in the schedule of expenditures of federal awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule of expenditures of federal awards presents only a selected portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Authority.

Finding Details

Finding 2021-002
Recommendation: We recommend that the Authority locate additional sources of non-federal funds or reduce costs sufficiently so that the program can have enough cash to cover ongoing operations.
Finding 2021-002
Recommendation: We recommend that the Authority locate additional sources of non-federal funds or reduce costs sufficiently so that the program can have enough cash to cover ongoing operations.
Finding 2021-002
Recommendation: We recommend that the Authority locate additional sources of non-federal funds or reduce costs sufficiently so that the program can have enough cash to cover ongoing operations.
Finding 2021-002
Recommendation: We recommend that the Authority locate additional sources of non-federal funds or reduce costs sufficiently so that the program can have enough cash to cover ongoing operations.