FAC Explorer

Audit 353179

FY End
2024-06-30
Total Expended
$2.25M
Findings
2
Programs
4
Organization: Housing Authority of the City of Westwego, Louisiana (LA)
Year: 2024 Accepted: 2025-04-09
Auditor: Paciera Gautreau & Priest LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
554516 2024-001 - - L
1130958 2024-001 - - L

Programs

ALN Program Spent Major Findings
14.850 Public Housing Operating Fund $1.24M Yes 1
14.872 Public Housing Capital Fund $876,821 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $75,639 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $62,040 - 0

Contacts

Name Title Type
JT8DMREKBRM1 Cantrese Wilson-Jones Auditee
5043415255 Timothy Priest 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 Housing Authority has elected not to use the 10% de minim us indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal award activity of the Housing Authority 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of the Housing Authority, it is not intended to and does not present the net position~ changes in net position or cash flows of the Housing Authority.
Title: NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 Housing Authority has elected not to use the 10% de minim us indirect cost rate allowed under the Uniform Guidance. 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: NOTE C - INDIRECT COST 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 Housing Authority has elected not to use the 10% de minim us indirect cost rate allowed under the Uniform Guidance. The Housing Authority has elected not to use the 10% de minim us indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
Condition: The audited entity did not submit its prior year's annual financial statements to the federal clearinghouse by the required deadline. Criteria: According to federal regulations, annual financial statements must be submitted to the federal clearinghouse within nine months of the fiscal year-end. Cause: The delay was due to a discrepancy with the Unique Entity Identifier (UEI). The name associated with the UEI did not match the name of the audited entity. Management has been unable to rectify this discrepancy despite efforts to resolve the issue. Effect: The late submission may result in non-compliance with federal regulations, potentially leading to penalties or other administrative actions. Recommendation: It is recommended that management work closely with the federal clearinghouse and relevant authorities to resolve the UEI discrepancy as soon as possible. Additionally, management should implement procedures to ensure that such discrepancies are identified and addressed well before submission deadlines in the future. Management Response: Management acknowledges the finding and is actively working to resolve the UEI discrepancy. Steps are being taken to ensure that future submissions are timely and compliant with federal regulations.
Finding 2024-001
Condition: The audited entity did not submit its prior year's annual financial statements to the federal clearinghouse by the required deadline. Criteria: According to federal regulations, annual financial statements must be submitted to the federal clearinghouse within nine months of the fiscal year-end. Cause: The delay was due to a discrepancy with the Unique Entity Identifier (UEI). The name associated with the UEI did not match the name of the audited entity. Management has been unable to rectify this discrepancy despite efforts to resolve the issue. Effect: The late submission may result in non-compliance with federal regulations, potentially leading to penalties or other administrative actions. Recommendation: It is recommended that management work closely with the federal clearinghouse and relevant authorities to resolve the UEI discrepancy as soon as possible. Additionally, management should implement procedures to ensure that such discrepancies are identified and addressed well before submission deadlines in the future. Management Response: Management acknowledges the finding and is actively working to resolve the UEI discrepancy. Steps are being taken to ensure that future submissions are timely and compliant with federal regulations.