Audit 354976

FY End
2024-09-30
Total Expended
$32.32M
Findings
8
Programs
6
Year: 2024 Accepted: 2025-04-29
Auditor: Eide Bailly LLP

Organization Exclusion Status:

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Findings

ID Ref Severity Repeat Requirement
558093 2024-002 Significant Deficiency - E
558094 2024-003 Significant Deficiency - E
558095 2024-004 Significant Deficiency - N
558096 2024-005 Significant Deficiency - AB
1134535 2024-002 Significant Deficiency - E
1134536 2024-003 Significant Deficiency - E
1134537 2024-004 Significant Deficiency - N
1134538 2024-005 Significant Deficiency - AB

Contacts

Name Title Type
F3JLCPV8XGX9 Renee Gallegos Auditee
3039915311 Alexis Odden Auditor
No contacts on file

Notes to SEFA

Title: Federally Funded and Insured Mortgage Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of The Housing Authority of the City of Littleton, Colorado under programs of the federal government for the year ended September 30, 2024. The information 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 of the City of Littleton, Colorado, it is not intended to and does not present the financial position, changes in net position, or cash flows of The Housing Authority of the City of Littleton, Colorado. 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The Authority has not elected to use the 10% de minimis cost rate and does not draw for indirect administrative expenses. The mortgage balance at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of the outstanding federally insured mortgage as of September 30, 2024, is $15,642,347.

Finding Details

U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 Eligibility Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: The Program requires the Authority to obtain signatures on release forms from all persons in the household over 18 years of age. Condition: During our testing, we noted two files that were missing signatures from one of the household members over the age of 18. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and was an oversight by staff. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 60 files from the population of over 250. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all persons over 18 years of age sign the proper forms. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 Eligibility Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: The Authority is required to determine income eligibility and calculate the tenant’s rent payment using the documentation from third party verification in accordance with 24 CFR Part 5 Subpart F. Condition: During our testing, we noted one file that the incorrect income was calculated and used on the form, however, the error did not cause a change in the tenant assistance payment. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and was an oversight by staff. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 60 files from the population of over 250. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all the proper income is being calculated and used on the form to calculate HAP. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 HQS Enforcement Significant Deficiency in Internal Control over Compliance Criteria: The Authority is to maintain a copy of all HQS inspections and re-inspections of failed inspections. Condition: During our testing, we noted one file that the passed re-inspection was not in the tenant file, however, we were able to substantiate that the re-inspection was completed and passed within the allowed time through their software system. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and the inspection report was misplaced or filed incorrectly. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 26 files from the population of 152 total failed inspections during the fiscal year. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all the proper documents be filed in the tenant files. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.155 Mortgage Insurance for the Purchase or Refinance of Existing Multifamily Housing Projects Applicable Federal Award Number and Year – HUD loan under Section 207/223(f), HUD Project No. 101-11316 Allowable Costs/Allowable Activities Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: As required by the HUD regulatory agreement, expenses charged to the project operations, whether for management agent services or other expenses, must be reasonable, typical, necessary and show a clear benefit to the tenants of the property. Condition: During our testing of cash disbursements, we identified unallowable expenditures charged to the project for staff treats and staff bonus pay. Cause: The Authority’s internal controls related to reviewing charges allocated to the project were not operating as designed and was an oversight by staff. Effect: The project was charged for and paid unallowable expenses. Questioned Costs: $344 Context/Sampling: A non-statistical sample of 60 disbursements were selected for testing, which accounted for $103,023 out of the total $2,889,933 disbursement population. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all costs charged to the project are for allowable costs. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 Eligibility Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: The Program requires the Authority to obtain signatures on release forms from all persons in the household over 18 years of age. Condition: During our testing, we noted two files that were missing signatures from one of the household members over the age of 18. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and was an oversight by staff. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 60 files from the population of over 250. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all persons over 18 years of age sign the proper forms. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 Eligibility Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: The Authority is required to determine income eligibility and calculate the tenant’s rent payment using the documentation from third party verification in accordance with 24 CFR Part 5 Subpart F. Condition: During our testing, we noted one file that the incorrect income was calculated and used on the form, however, the error did not cause a change in the tenant assistance payment. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and was an oversight by staff. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 60 files from the population of over 250. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all the proper income is being calculated and used on the form to calculate HAP. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.871 Housing Choice Vouchers Applicable Federal Award Number and Year – HCV2024 HQS Enforcement Significant Deficiency in Internal Control over Compliance Criteria: The Authority is to maintain a copy of all HQS inspections and re-inspections of failed inspections. Condition: During our testing, we noted one file that the passed re-inspection was not in the tenant file, however, we were able to substantiate that the re-inspection was completed and passed within the allowed time through their software system. Cause: The Authority’s internal controls related to maintaining proper files were not operating as designed and the inspection report was misplaced or filed incorrectly. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with eligibility requirements. Questioned Costs: N/A Context/Sampling: We tested 26 files from the population of 152 total failed inspections during the fiscal year. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all the proper documents be filed in the tenant files. View of Responsible Officials: Management agrees with the finding.
U.S. Department of Housing and Urban Development – CFDA #14.155 Mortgage Insurance for the Purchase or Refinance of Existing Multifamily Housing Projects Applicable Federal Award Number and Year – HUD loan under Section 207/223(f), HUD Project No. 101-11316 Allowable Costs/Allowable Activities Significant Deficiency in Internal Control over Compliance and Immaterial Instance of Noncompliance Criteria: As required by the HUD regulatory agreement, expenses charged to the project operations, whether for management agent services or other expenses, must be reasonable, typical, necessary and show a clear benefit to the tenants of the property. Condition: During our testing of cash disbursements, we identified unallowable expenditures charged to the project for staff treats and staff bonus pay. Cause: The Authority’s internal controls related to reviewing charges allocated to the project were not operating as designed and was an oversight by staff. Effect: The project was charged for and paid unallowable expenses. Questioned Costs: $344 Context/Sampling: A non-statistical sample of 60 disbursements were selected for testing, which accounted for $103,023 out of the total $2,889,933 disbursement population. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure that all costs charged to the project are for allowable costs. View of Responsible Officials: Management agrees with the finding.