FAC Explorer

Audit 40393

FY End
2022-06-30
Total Expended
$47.79M
Findings
2
Programs
10
Organization: Syracuse Housing Authority (NY)
Year: 2022 Accepted: 2023-03-30
Auditor: Efpr Group Cpa's PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
44250 2022-003 Significant Deficiency - L
620692 2022-003 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
14.850 Public and Indian Housing $13.02M - 0
14.872 Public Housing Capital Fund $4.60M Yes 1
14.879 Mainstream Vouchers $621,844 Yes 0
14.850 Public and Indian Housing - Cares Act Funding $574,163 - 0
14.871 Section 8 Housing Choice Vouchers - Cares Act Funding $301,764 Yes 0
14.896 Family Self-Sufficiency Program $207,964 - 0
14.249 Section 8 Moderate Rehabilitation Single Room Occupancy $206,574 - 0
14.871 Section 8 Housing Choice Vouchers $198,539 Yes 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $110,022 - 0
14.879 Mainstream Vouchersres Act Funding $1,108 Yes 0

Contacts

Name Title Type
L1EJUFNYDSU8 William Killory Auditee
3154756181 Andrew Fox, CPA Auditor
No contacts on file

Notes to SEFA

Title: Public Housing Capital Fund Program Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). De Minimis Rate Used: N Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Authority does not use the 10% de minimis election. During the year ended June 30, 2018, the Authority issued fully registered bonds of $8,110,000. These bonds were issued to provide funds for the acquisition and improvement of low rent housing properties, debt service funding and other expenses incurred in connection with the issuance of the bonds. Payment of principal and interest on this obligation is made solely from funds received from the Public Housing Capital Fund Program (Assistance Listing No. 14.872). Debt service on the bonds is recorded as an expenditure of federal awards in the accounting period the debt payment is made.

Finding Details

Finding 2022-003
Criteria - Fiscal closeout of a CFP grant includes the submission of a cost certificate; a final Performance & Evaluation Report (P&E Report); HUD approval of the cost certificate; and an audit, if applicable. In order to initiate the closeout process, the Authority shall submit the Field Office the Actual Modernization Cost Certificate (AMCC) (Form HUD-53001) and the P&E Report (Form HUD-50075.1). Per 2 CFR 200.343, these reports are to be submitted within 90 days after the funds are expended. Condition - The Authority did not submit the AMCC and P&E Report within 90 days after the funds were expended for Public Housing Capital Fund Grants NY06P001501-17 and NY06P001501-18. The funds were fully expended on February 12, 2021 and August 25, 2021, respectively. Cause - The Authority?s grant reporting procedures were not sufficient to ensure compliance with requirements. Effect - The Authority did not submit timely. Questioned Costs - None identified. Recommendation - We recommend the Authority complete and submit the AMCC in a more timely manner immediately following the final request from the electronic line of credit control system (eLOCCS) and familiarize themselves with the "Capital Fund Guidebook" for reporting requirements to ensure accurate and timely grant reporting in compliance with grant agreements. Management?s Response - (a) Comments on the finding and recommendation - The Authority agrees with the finding. The Authority also agrees with the recommendation, please see below for action taken. (b) Action taken - Closeout of CFP grants and all related reports will be handled by the Comptroller and CFO on a going forward basis in a timely manner subsequent to the grant being fully expended. The Authority will also familiarize ourselves with the Capital Fund Guidebook to ensure reporting requirements are being met. (c) Planned implementation date of correct action - Completed by June 30, 2023
Finding 2022-003
Criteria - Fiscal closeout of a CFP grant includes the submission of a cost certificate; a final Performance & Evaluation Report (P&E Report); HUD approval of the cost certificate; and an audit, if applicable. In order to initiate the closeout process, the Authority shall submit the Field Office the Actual Modernization Cost Certificate (AMCC) (Form HUD-53001) and the P&E Report (Form HUD-50075.1). Per 2 CFR 200.343, these reports are to be submitted within 90 days after the funds are expended. Condition - The Authority did not submit the AMCC and P&E Report within 90 days after the funds were expended for Public Housing Capital Fund Grants NY06P001501-17 and NY06P001501-18. The funds were fully expended on February 12, 2021 and August 25, 2021, respectively. Cause - The Authority?s grant reporting procedures were not sufficient to ensure compliance with requirements. Effect - The Authority did not submit timely. Questioned Costs - None identified. Recommendation - We recommend the Authority complete and submit the AMCC in a more timely manner immediately following the final request from the electronic line of credit control system (eLOCCS) and familiarize themselves with the "Capital Fund Guidebook" for reporting requirements to ensure accurate and timely grant reporting in compliance with grant agreements. Management?s Response - (a) Comments on the finding and recommendation - The Authority agrees with the finding. The Authority also agrees with the recommendation, please see below for action taken. (b) Action taken - Closeout of CFP grants and all related reports will be handled by the Comptroller and CFO on a going forward basis in a timely manner subsequent to the grant being fully expended. The Authority will also familiarize ourselves with the Capital Fund Guidebook to ensure reporting requirements are being met. (c) Planned implementation date of correct action - Completed by June 30, 2023