Audit 340118

FY End
2023-12-31
Total Expended
$1.48M
Findings
16
Programs
4
Year: 2023 Accepted: 2025-01-28
Auditor: Kerberrose Sc

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
520555 2023-001 Significant Deficiency - P
520556 2023-001 Significant Deficiency - P
520557 2023-001 Significant Deficiency - P
520558 2023-001 Significant Deficiency - P
520559 2023-002 Significant Deficiency - P
520560 2023-002 Significant Deficiency - P
520561 2023-002 Significant Deficiency - P
520562 2023-002 Significant Deficiency - P
1096997 2023-001 Significant Deficiency - P
1096998 2023-001 Significant Deficiency - P
1096999 2023-001 Significant Deficiency - P
1097000 2023-001 Significant Deficiency - P
1097001 2023-002 Significant Deficiency - P
1097002 2023-002 Significant Deficiency - P
1097003 2023-002 Significant Deficiency - P
1097004 2023-002 Significant Deficiency - P

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $1.33M Yes 2
10.415 Rural Rental Housing Loans $93,367 - 2
10.427 Rural Rental Assistance Payments $44,008 - 2
14.856 Lower Income Housing Assistance Program Section 8 Moderate Rehabilitation $10,640 - 2

Contacts

Name Title Type
P8THL7ANJNR1 Stacy Cieslewicz Auditee
7153461392 Jamie Rosin Auditor
No contacts on file

Notes to SEFA

Title: Note 3 - Loan Balance 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. The Authority has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: N/A At December 31, 2023, Rural Rental Housing Loans had a balance of $92,393.

Finding Details

Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria:Internal control systems should include personnel with sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles (GAAP) including all required disclosures. Condition: Absence of personnel with the sufficient education, training and/or experience to prepare financial statements in accordance with generally accepted accounting principles Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of financial statements in accordance with generally accepted accounting principles including all required notes. Effect: During the course of our audit, we prepared the financial statements; however, management of the Authority thoroughly reviewed them and accepted responsibility for their completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s financial statements in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare its financial statements. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the financial statements.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.
Criteria: The Authority should prepare the schedule of expenditures of federal awards. Condition: The Authority was unable to provide us with a schedule of expenditures of federal awards with the appropriate allocation of funds by ALN and funding source. Cause: Due to the small size of the Authority and the limited number of accounting personnel, no individual is skilled in the preparation of the schedule of expenditures of federal awards. Effect: During the course of our audit, we prepared the schedule of expenditure of federal awards; however, management of the Authority thoroughly reviewed it and accepted responsibility for its completeness and accuracy. Recommendation: Continue to use the services of the external audit firm to prepare the Authority’s schedule of expenditures of federal awards in accordance with generally accepted accounting principles. Management's Response: The Authority agrees with the finding. It will continue to use its external auditors to prepare the schedule of expenditures of federal awards. Management will continue to thoroughly review and accept responsibility for the completeness and accuracy of the schedule of expenditures of federal awards.