FAC Explorer

Audit 318581

FY End
2024-03-31
Total Expended
$2.68M
Findings
2
Programs
4
Organization: Lockport Housing Authority (NY)
Year: 2024 Accepted: 2024-09-05
Auditor: R A Mercer & CO PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
485748 2024-001 Significant Deficiency - N
1062190 2024-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
14.850 Public and Indian Housing $1.25M Yes 0
14.871 Section 8 Housing Choice Vouchers $1.08M - 0
14.872 Public Housing Capital Fund $250,316 Yes 1
14.870 Resident Opportunity and Supportive Services - Service Coordinators $90,825 - 0

Contacts

Name Title Type
MV41CQAXAVL9 Jeffrey A. Kline Auditee
7164340001 Roger J. Lis Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Accrual basis De Minimis Rate Used: N Rate Explanation: Indirect costs used The accompanying schedule of expenditures of federal awards (the"Schedule") includes the federal award activity of the City of Lockport Housing Authority under programs of the federal government for the year ended March 31, 2024. The information int his Schedule is presented in accordance with the requirements of the 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 presents only a selected portion of the operations of the City of Lockport Housing Authority, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Authority.
Title: Summary of Significant Accounting Policies Accounting Policies: Accrual basis De Minimis Rate Used: N Rate Explanation: Indirect costs used 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.
Title: Indirect Costs Accounting Policies: Accrual basis De Minimis Rate Used: N Rate Explanation: Indirect costs used Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Authority did not elect to use the 10 percent de minimus indirect cost rate as permitted under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented.

Finding Details

Finding 2024-001
2024-001 Department of Housing and Urban Development Public Housing Capital Fund (CFP) 2020 Awards – Year ended March 31, 2024 Special Tests and Provisions – Wage Rate Requirements Criteria: Wage Rate Requirements - the entity must verify that the contractor or subcontractor under the contract or subcontract submits the required certified payrolls, to the contracting entity, for each week that work is performed on contracts that are in excess of $2,000. Condition: Based upon our inspection of the Authority’s files there were two contracts in excess of $2,000 that the Authority had contractors working on during the fiscal year and they did not have any certified payroll submitted from either contractor. Context: Based on our review we noted that the Authority was not properly monitoring the contractor’s wage rate requirements and compliance with the requirements. Known Questioned Costs: There were no known questioned costs. Cause: The Authority did not request the certified payroll from either contractor during the time that they were performing work for the Authority or before payment to the contractor. Effect: The Authority did not comply with the Wage Rate Requirements as set out in the Compliance Supplement with regards to requesting certified payroll on a timely manner. Auditors’ Recommendation: We recommend the Authority design and implement internal control procedures that will reasonably assure compliance with the requirements.
Finding 2024-001
2024-001 Department of Housing and Urban Development Public Housing Capital Fund (CFP) 2020 Awards – Year ended March 31, 2024 Special Tests and Provisions – Wage Rate Requirements Criteria: Wage Rate Requirements - the entity must verify that the contractor or subcontractor under the contract or subcontract submits the required certified payrolls, to the contracting entity, for each week that work is performed on contracts that are in excess of $2,000. Condition: Based upon our inspection of the Authority’s files there were two contracts in excess of $2,000 that the Authority had contractors working on during the fiscal year and they did not have any certified payroll submitted from either contractor. Context: Based on our review we noted that the Authority was not properly monitoring the contractor’s wage rate requirements and compliance with the requirements. Known Questioned Costs: There were no known questioned costs. Cause: The Authority did not request the certified payroll from either contractor during the time that they were performing work for the Authority or before payment to the contractor. Effect: The Authority did not comply with the Wage Rate Requirements as set out in the Compliance Supplement with regards to requesting certified payroll on a timely manner. Auditors’ Recommendation: We recommend the Authority design and implement internal control procedures that will reasonably assure compliance with the requirements.