FAC Explorer

Audit 360596

FY End
2024-09-30
Total Expended
$11.34M
Findings
8
Programs
6
Organization: Springfield Metropolitan Housing Authority (OH)
Year: 2024 Accepted: 2025-06-30
Auditor: Kevin L Penn INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
568855 2024-006 Material Weakness - P
568856 2024-007 Significant Deficiency - N
568857 2024-008 Significant Deficiency Yes N
568858 2024-009 Significant Deficiency Yes N
1145297 2024-006 Material Weakness - P
1145298 2024-007 Significant Deficiency - N
1145299 2024-008 Significant Deficiency Yes N
1145300 2024-009 Significant Deficiency Yes N

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $5.08M Yes 1
14.850 Public Housing Operating Fund $3.17M - 2
14.872 Public Housing Capital Fund $2.67M Yes 1
14.879 Mainstream Vouchers $237,582 Yes 0
14.238 Shelter Plus Care $145,166 - 0
14.896 Family Self-Sufficiency Program $49,997 - 0

Contacts

Name Title Type
UKWVKHAVP7N9 Michelle Lee-Hall Auditee
9373257331 Kevin L. Penn, CPA Auditor
No contacts on file

Notes to SEFA

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 Authority has elected not to use the 10 percent de minims indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-006
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield Metropolitan Housing Authority, should reconciled the Inter Program accounts on a monthly basis. In addition, interfund borrowings should be reimbursed within a reasonable timeframe, during the operating cycle. By performing these procedures, the risk of incurring questioned costs will be significantly reduced.
Finding 2024-007
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield Metropolitan Housing Authority, should perform a reconciliation of the security deposit liability account on a monthly basis.
Finding 2024-008
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield MHA, disburse Capital Funds received, within 3 business days of funds being deposited into Authority’s bank account from LOCCS.
Finding 2024-009
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield MHA, enter into a written Tenant Participation Funds agreement with the third Resident Council, and ensure that each Resident Council has an approved budget and the disbursement of funds are within the approved budget.
Finding 2024-006
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield Metropolitan Housing Authority, should reconciled the Inter Program accounts on a monthly basis. In addition, interfund borrowings should be reimbursed within a reasonable timeframe, during the operating cycle. By performing these procedures, the risk of incurring questioned costs will be significantly reduced.
Finding 2024-007
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield Metropolitan Housing Authority, should perform a reconciliation of the security deposit liability account on a monthly basis.
Finding 2024-008
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield MHA, disburse Capital Funds received, within 3 business days of funds being deposited into Authority’s bank account from LOCCS.
Finding 2024-009
In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield MHA, enter into a written Tenant Participation Funds agreement with the third Resident Council, and ensure that each Resident Council has an approved budget and the disbursement of funds are within the approved budget.