FAC Explorer

Audit 301055

FY End
2023-06-30
Total Expended
$7.04M
Findings
0
Programs
6
Organization: Housing Authority of the City of McKinney, Texas (TX)
Year: 2023 Accepted: 2024-03-29
Auditor: Brown Graham & Company PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $3.08M Yes 0
14.879 Mainstream Vouchers $646,016 Yes 0
14.850 Public and Indian Housing $183,400 - 0
14.872 Public Housing Capital Fund $109,893 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $57,784 - 0
14.877 Public Housing Family Self-Sufficiency Under Resident Opportunity and Supportive Services $12,225 - 0

Contacts

Name Title Type
CD3BJ1G14988 Roslyn Miller Auditee
9725425641 Shannon Andre Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: The Authority did not make an election to use the ten percent de minimis cost rate as allowed for in the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Authority did not make an election to use the ten percent de minimis cost rate as allowed for in the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of McKinney, Texas (the Authority) for the year ended June 30, 2023. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
Title: Summary of Significant Accounting Policies Accounting Policies: The Authority did not make an election to use the ten percent de minimis cost rate as allowed for in the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Authority did not make an election to use the ten percent de minimis cost rate as allowed for in the Uniform Guidance. The Authority did not make an election to use the ten percent de minimis cost rate as allowed for in the Uniform Guidance.