FAC Explorer

Audit 374385

FY End
2025-03-31
Total Expended
$11.63M
Findings
1
Programs
6
Organization: Housing Authority of Meridian (MS)
Year: 2025 Accepted: 2025-12-12
Auditor: SMITH MARION & CO

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1164697 2025-003 Material Weakness Yes E

Programs

ALN Program Spent Major Findings
14.850 PUBLIC HOUSING OPERATING FUND $4.97M Yes 1
14.872 PUBLIC HOUSING CAPITAL FUND $3.10M Yes 0
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $2.92M Yes 0
17.274 YOUTHBUILD $262,654 Yes 0
14.870 RESIDENT OPPORTUNITY AND SUPPORTIVE SERVICES - SERVICE COORDINATORS $203,774 Yes 0
14.896 FAMILY SELF-SUFFICIENCY PROGRAM $169,733 Yes 0

Contacts

Name Title Type
UYM8ZJELSK51 Marcy Chatham Auditee
6018504323 Chad Porter Auditor
No contacts on file

Notes to SEFA

The accompanying schedule presents the expenditures incurred (and related awards received) by Meridian Housing Authority (the Authority) that are reimbursable under federal programs of federal agencies providing financial assistance and state awards. For the purposes of this schedule, only the portion of program expenditures reimbursable with such federal or state funds is reported in the accompanying schedule. Program expenditures in excess of the maximum federal or state reimbursement authorized or the portion of the program expenditures that were funded with local or other nonfederal funds are excluded from the accompanying schedule.
The expenditures included in the accompanying schedule were reported on the accrual basis of accounting. Expenditures are recognized in the accounting period in which the related liability is incurred. Expenditures reported included any property or equipment acquisitions incurred under the federal program. The information in this schedule is presented in accordance with the requirements of Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
The Authority elected to use the 10% de minimums indirect cost rate as allowed in the Uniform Guidance, section 414.

Finding Details

Finding 2025-003
Questioned Costs The monetary impact needs further investigation to determine the amount for the period of non-compliance. Criteria As a condition of admission or continued occupancy, require the tenant and other family members to provide necessary information, documentation, and releases for the Authority to verify income eligibility (24 CFR sections 5.230, 5.609, and 982.516) Condition During the audit, it was noted that in one (1) instances, a family was over the income limits set by HUD field office but the family was still allowed to enter the public housing program while exceeding the new move-in income limits. Context This finding represents a potentially systemic issue within the Public Housing Program, as it was identified in one (1) files tested out of a sample of fifteen (15) families which is excess of a 5% error rate. Cause A family member income was ommitted from the calculation resulting in the family appearing qualified for the program. Effect Ineligible individuals or families may be receiving rental assistance and /or tenant portion of rent paid is being incorrectly calculated based on incorrect family incomes. Recommendations Management should implement internal control procedures to ensure that all income from family members are obtained during admission and re-examination. Management Views Management agrees with the finding, see Corrective Action Plan.