FAC Explorer

Audit 340284

FY End
2024-06-30
Total Expended
$4.36M
Findings
2
Programs
6
Organization: Housing Authority of the County of Scotts Bluff, Nebraska (NE)
Year: 2024 Accepted: 2025-01-29
Auditor: Niewedde & Wiens Cpa's

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
520623 2024-001 Material Weakness - L
1097065 2024-001 Material Weakness - L

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $2.44M Yes 1
14.872 Public Housing Capital Fund $720,461 - 0
14.850 Public and Indian Housing $532,924 - 0
10.447 The Rural Development (rd) Multi-Family Housing Revitalization Demonstration Program (mpr) $404,045 Yes 0
10.415 Rural Rental Housing Loans $252,756 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $5,870 - 0

Contacts

Name Title Type
XBTRAS88HLV9 Anita Doggett Auditee
3086330490 Jeffrey J Wiens Auditor
No contacts on file

Notes to SEFA

Title: Debt balances Accounting Policies: 1. The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Housing Authority of the County of Scotts Bluff, Nebraska 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. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance). De Minimis Rate Used: N Rate Explanation: 3. The entity did not elect to use the 10% de minimus cost rate as covered in § 200.414 Indirect (F&A) costs. 2. The outstanding balance of the Rural Rental Housing Loan and the Multi-Family Preservation and Revitalization Restructuring Program Grant agreement loan balances at June 30, 2024 were $244,054.63 and $395,437.31, respectivley.

Finding Details

Finding 2024-001
Finding 2024-001: Financial Data Schedule Housing Choice Voucher – 14.871 Material Weakness/Noncompliance Reporting Criteria: Financial Assessment Sub¬system, FASS-PH. The Uniform Financial Reporting Standards (24 CFR section 5.801) require PHAs to submit timely GAAP-based unaudited and audited financial information electronically to HUD. The unaudited submission is due 60 days after the fiscal year end. Condition: The Authority’s unaudited submission was due August 30, 2024 and was not submitted until November 15, 2024. Cause: The Authority utilizes a fee accountant to perform this function on its behalf. The monthly accounting during the year was behind and did not allow for the Authority to complete the unaudited submission by the deadline. Effect or Potential Effect: The Authority was in noncompliance with filing its unaudited information to REAC by the deadline. Recommendation: The Authority should make an effort to have timely monthly financial reports which would allow it to be able to close its year end in a more timely fashion and would allow for the Authority to report to REAC by the deadline. View of the Responsible Officials of the Auditee: The auditee's management agrees with the finding.
Finding 2024-001
Finding 2024-001: Financial Data Schedule Housing Choice Voucher – 14.871 Material Weakness/Noncompliance Reporting Criteria: Financial Assessment Sub¬system, FASS-PH. The Uniform Financial Reporting Standards (24 CFR section 5.801) require PHAs to submit timely GAAP-based unaudited and audited financial information electronically to HUD. The unaudited submission is due 60 days after the fiscal year end. Condition: The Authority’s unaudited submission was due August 30, 2024 and was not submitted until November 15, 2024. Cause: The Authority utilizes a fee accountant to perform this function on its behalf. The monthly accounting during the year was behind and did not allow for the Authority to complete the unaudited submission by the deadline. Effect or Potential Effect: The Authority was in noncompliance with filing its unaudited information to REAC by the deadline. Recommendation: The Authority should make an effort to have timely monthly financial reports which would allow it to be able to close its year end in a more timely fashion and would allow for the Authority to report to REAC by the deadline. View of the Responsible Officials of the Auditee: The auditee's management agrees with the finding.