FAC Explorer

Audit 370192

FY End
2025-03-31
Total Expended
$5.42M
Findings
1
Programs
4
Organization: Great Falls Housing Authority (MT)
Year: 2025 Accepted: 2025-10-01
Auditor: Rector Reeder & Lofton PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1159455 2025-001 Material Weakness Yes E

Programs

ALN Program Spent Major Findings
14.872 Public Housing Capital Fund $2.32M Yes 0
14.850 Public Housing Operating Fund $1.91M Yes 1
14.871 Section 8 Housing Choice Vouchers $1.13M Yes 0
14.218 Community Development Block Grants/entitlement Grants $59,947 Yes 0

Contacts

Name Title Type
QLM3J94NPNM2 Chris Tinker Auditee
4064543056 Dale R. Rector Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the Authority under programs of the federal government for the year ended March 31, 2025. 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 Authority, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Authority.
The Authority provided no federal awards to subrecipients during the fiscal year ending March 31, 2025.
The Great Falls Housing Authority received no federal awards of non-monetary assistance that are required to be disclosed for the year ended March 31, 2025. The Great Falls Housing Authority had no loans outstanding which were guaranteed, and therefore, qualify as part of the federal financial assistance. The Great Falls Housing Authority maintains the following limits of insurance as of March 31, 2025: Property $ 87,787,811 Liability $ 5,000,000 Commercial Auto $ 300,000 Worker Compensation Statutory Settled claims have not exceeded the above commercial insurance coverage limits over the past three years.

Finding Details

Finding 2025-001
Finding 2025-001 – Public Housing Internal Control over Waiting List – Eligibility Noncompliance and Significant Deficiency Low Rent Public Housing – Subsidy ALN 14.850 Condition & Cause: A review of the waitlist system within the software module revealed that the historical waitlists are not available for review. Without being able to generate the historical waitlist used to house certain residents, we were unable to conduct a compliance review of the new applicants which were housed, to determine that they were placed in proper order and in accordance with the ACOP. Consequently, without substantive evidence we could not determine PHA compliance with federal regulations. Criteria: The Code of Federal Regulations and the Housing Authority’s Admissions and Continued Occupancy Policy (ACOP). 24 CFR 960.206(e)(2) states that there must be a clear audit trail to verify that each applicant has been selected in accordance with the method specified in the PHA plan. Effect: Failure to provide evidence of compliance can result in loss of funding for grants and other programs which require operations to demonstrate compliance with the applicable regulations. Recommendation: We recommend that the Agency obtain training from the software vendor to document the compliance with the waitlist criteria established in the ACOP and Code of Federal Regulations. The Authority should be able to support each selection and move in from the waiting list with evidence that it followed its board approved housing policies. This documentation should be available through the software but could also be provided through manual contemporaneous documentation. Questioned Costs: None Repeat Finding: No Was sampling statistically valid? Yes