FAC Explorer

Audit 321322

FY End
2023-12-31
Total Expended
$6.85M
Findings
2
Programs
4
Organization: Coos-Curry Housing Authority (OR)
Year: 2023 Accepted: 2024-09-26
Auditor: Kdp Certified Public Accountants LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
498580 2023-001 Material Weakness - N
1075022 2023-001 Material Weakness - N

Programs

ALN Program Spent Major Findings
14.879 Mainstream Vouchers $631,208 Yes 0
14.871 Section 8 Housing Choice Vouchers $369,708 Yes 0
14.872 Public Housing Capital Fund $224,478 - 0
14.850 Public Housing Operating Fund $163,598 - 0

Contacts

Name Title Type
L9LKRK87DH15 Karen Dubisar Auditee
5417512049 Aria Bettinger Auditor
No contacts on file

Notes to SEFA

Title: Note A-Basis of Presentation Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Authority under programs of the federal government for the year ended December 31, 2023. The information in this Schedule 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 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 position, or cash flows of the Authority.
Title: Note D-Subrecipients Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance The Authority has no subrecipients for the year ended December 31, 2023.

Finding Details

Finding 2023-001
U.S. Department of Housing and Urban Development Housing Voucher Cluster Section 8 Housing Choice Vouchers – AL # 14.871 Finding Type- Immaterial Noncompliance; Material weakness in internal control over compliance Criteria – The Authority is required to determine the rent to the owner is reasonable when the tenants initially enter into the program (lease-up). An application with a monthly rent in excess of the range of area averages should be rejected with a rent not exceeding this range proposed as an reasonable rent. The Authority is required to maintain records which support that this was performed on all new leases. Condition – The Authority did not determine rents were reasonable in five of the 25 tenants that were selected for testing prior to approving the rent amount noted in the application. Cause – Internal controls in place did not ensure compliance with the Reasonable Rent compliance requirement was maintained during the year. Effect or Potential Effect – The Authority was not in compliance with the Reasonable Rent compliance requirement. Recommendations - We recommend the Authority enhance internal controls to ensure internal controls over the Reasonable Rent and other grant compliance requirements are established to ensure compliance is maintained. Views of Responsible Officials and Planned Corrective Actions - Management agrees with this finding. Management will review and update internal controls to ensure the Authority maintains compliance.
Finding 2023-001
U.S. Department of Housing and Urban Development Housing Voucher Cluster Section 8 Housing Choice Vouchers – AL # 14.871 Finding Type- Immaterial Noncompliance; Material weakness in internal control over compliance Criteria – The Authority is required to determine the rent to the owner is reasonable when the tenants initially enter into the program (lease-up). An application with a monthly rent in excess of the range of area averages should be rejected with a rent not exceeding this range proposed as an reasonable rent. The Authority is required to maintain records which support that this was performed on all new leases. Condition – The Authority did not determine rents were reasonable in five of the 25 tenants that were selected for testing prior to approving the rent amount noted in the application. Cause – Internal controls in place did not ensure compliance with the Reasonable Rent compliance requirement was maintained during the year. Effect or Potential Effect – The Authority was not in compliance with the Reasonable Rent compliance requirement. Recommendations - We recommend the Authority enhance internal controls to ensure internal controls over the Reasonable Rent and other grant compliance requirements are established to ensure compliance is maintained. Views of Responsible Officials and Planned Corrective Actions - Management agrees with this finding. Management will review and update internal controls to ensure the Authority maintains compliance.