FAC Explorer

Audit 34118

FY End
2022-06-30
Total Expended
$3.90M
Findings
2
Programs
3
Organization: The Village of Mill Creek (MI)
Year: 2022 Accepted: 2022-12-20
Auditor: Plante & Moran PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
37016 2022-001 - - N
613458 2022-001 - - N

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly-Capital Advance $3.75M Yes 0
14.157 Supportive Housing for the Elderly $144,196 Yes 1
14.157 Covid-19 - Supportive Housing for the Elderly $1,190 Yes 0

Contacts

Name Title Type
TB9DZY9HM6K5 Bruce Blalock Auditee
2482812020 Linda Yudasz Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Organization and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the "Uniform Guidance").Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The Organization has elected not to use the 10 percent de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
Finding Type - Immaterial noncompliance with major program requirements Title and Assistance Listing Number of Federal Program - Supportive Housing for the Elderly - Project Rental Assistance Contract and Capital Advance (ALN #14.157) Finding Resolution Status - Resolved Information on Universe and Population Size - N/A Sample Size Information - N/A Criteria - The Organization should have made 12 monthly deposits of $1,500 into the reserve for replacement account, as required by the Regulatory Agreement. Statement of Condition - The Organization failed to make the required reserve for replacement deposits in the current fiscal year. Cause - The Organization failed to monitor the cash requirements of the reserve for replacement account, as specified by the Regulatory Agreement. Effect or Potential Effect - The replacement reserve account was underfunded in the current fiscal year by $1,500. Auditor Noncompliance Code - N - Reserve for replacements deposits Reporting Views of Responsible Officials - Management was aware of the requirement to fund the reserve for replacement account and agrees with the finding. The underfunded amount of $1,500 was deposited to the reserve for replacement account on July 28, 2022. Recommendation - All required deposits should be made in accordance with the Regulatory Agreement. Response Indicator - Agree Completion Date - July 28, 2022 Response - Management acknowledges noncompliance in the current fiscal year and has taken measures to improve internal controls over compliance. Management will obtain HUD approval for the $1,500 repayment during the fiscal year ending June 30, 2023.
Finding 2022-001
Finding Type - Immaterial noncompliance with major program requirements Title and Assistance Listing Number of Federal Program - Supportive Housing for the Elderly - Project Rental Assistance Contract and Capital Advance (ALN #14.157) Finding Resolution Status - Resolved Information on Universe and Population Size - N/A Sample Size Information - N/A Criteria - The Organization should have made 12 monthly deposits of $1,500 into the reserve for replacement account, as required by the Regulatory Agreement. Statement of Condition - The Organization failed to make the required reserve for replacement deposits in the current fiscal year. Cause - The Organization failed to monitor the cash requirements of the reserve for replacement account, as specified by the Regulatory Agreement. Effect or Potential Effect - The replacement reserve account was underfunded in the current fiscal year by $1,500. Auditor Noncompliance Code - N - Reserve for replacements deposits Reporting Views of Responsible Officials - Management was aware of the requirement to fund the reserve for replacement account and agrees with the finding. The underfunded amount of $1,500 was deposited to the reserve for replacement account on July 28, 2022. Recommendation - All required deposits should be made in accordance with the Regulatory Agreement. Response Indicator - Agree Completion Date - July 28, 2022 Response - Management acknowledges noncompliance in the current fiscal year and has taken measures to improve internal controls over compliance. Management will obtain HUD approval for the $1,500 repayment during the fiscal year ending June 30, 2023.