FAC Explorer

Audit 300050

FY End
2023-06-30
Total Expended
$12.49M
Findings
0
Programs
6
Organization: The Housing Authority of the City of Bessemer, Alabama (AL)
Year: 2023 Accepted: 2024-03-28
Auditor: Moody & Company

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $4.90M - 0
14.850 Public and Indian Housing $3.82M Yes 0
14.195 Section 8 Housing Assistance Payments Program $2.22M Yes 0
14.872 Public Housing Capital Fund $986,330 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $284,217 - 0
17.274 Youthbuild $268,352 Yes 0

Contacts

Name Title Type
MDJKQ4W8WVP8 Cortney J Coleman Auditee
2054814420 James R Moody Auditor
No contacts on file

Notes to SEFA

Title: Note 1 - Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Bessemer, Alabama and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Cose of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Housing Authority did not elect to use the 10% De Minimus Cost Rate. De Minimis Rate Used: N Rate Explanation: The auditee did not use the deminimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Bessemer, Alabama and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Cose of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Housing Authority did not elect to use the 10% De Minimus Cost Rate.