FAC Explorer

Audit 401229

FY End
2025-09-30
Total Expended
$16.66M
Findings
6
Programs
8
Organization: Sioux Falls Housing and Redevelopment Commission (SD)
Year: 2025 Accepted: 2026-05-12
Auditor: BRADY MARTZ

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1214548 2025-003 Material Weakness Yes L
1214549 2025-003 Material Weakness Yes L
1214550 2025-003 Material Weakness Yes L
1214551 2025-003 Material Weakness Yes L
1214552 2025-003 Material Weakness Yes L
1214553 2025-003 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
14.241 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS $143,768 Yes 0
14.896 FAMILY SELF-SUFFICIENCY PROGRAM $130,221 Yes 0
14.850 PUBLIC HOUSING OPERATING FUND $82,918 Yes 0
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $68,725 Yes 0
14.238 SHELTER PLUS CARE $37,377 Yes 0
14.856 LOWER INCOME HOUSING ASSISTANCE PROGRAM SECTION 8 MODERATE REHABILITATION $19,077 Yes 0
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $9,818 Yes 1
14.872 PUBLIC HOUSING CAPITAL FUND $250 Yes 0

Contacts

Name Title Type
CW3WNLE7BVH7 Larissa Deedrich Auditee
6053320704 Brian Opsahl Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal award activity of the Housing and Redevelopment Commission of the City of Sioux Falls, South Dakota under programs of the federal government for the year ended September 30, 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 Housing and Redevelopment Commission of the City of Sioux Falls, South Dakota, it is not intended to and does not present the financial position, change in net position, or cash flows of the Housing and Redevelopment Commission of the City of Sioux Falls, South Dakota.

Finding Details

Finding 2025-003
Federal Program U.S. Department of Housing and Urban Development AL #14.871 – Significant Deficiency Grant Award No. ND014-Housing Choice Voucher Federal Award Year 2025 Criteria PHAs are required to submit accurate data in monthly VMS submissions as HUD uses this data to determine renewal funding levels. Condition The Authority did not have control procedures in place throughout the year for reconciliations of HAP expenses. This resulted in inaccurate data submitted in monthly VMS submissions. Questioned Costs None Context We reviewed VMS data submissions noting reported balances did not accurately reflect balances recorded in the Commission’s general ledger. Effect HUD did not have accurate data to use in determining renewal funding levels. Cause The Commission was going through a software conversion which delayed various reconciliation processes and staff turnover resulted in control processes not implemented for the entire fiscal year. Repeat Finding See 2024-006. Recommendation We recommend the Commission reviews their internal control procedures over the reconciliation of HAP expenses to ensure accurate reporting. Views of Responsible Officials Management recognizes the deficiency and plans to implement the auditor’s recommendation.