FAC Explorer

Audit 406154

FY End
2025-09-30
Total Expended
$1.72M
Findings
10
Programs
4
Organization: Housing Authority of the City of Bastrop. Texas (TX)
Year: 2025 Accepted: 2026-06-30
Auditor: JOHN A BLAKEWAY CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1222450 2025-001 Material Weakness Yes B
1222451 2025-002 Material Weakness Yes B
1222452 2025-001 Material Weakness Yes B
1222453 2025-002 Material Weakness Yes B
1222454 2025-001 Material Weakness Yes B
1222455 2025-002 Material Weakness Yes B
1222456 2025-001 Material Weakness Yes B
1222457 2025-002 Material Weakness Yes B
1222458 2025-001 Material Weakness Yes B
1222459 2025-002 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $567,466 Yes 2
14.182 SECTION 8 NEW CONSTRUCTION $368,626 Yes 2
14.872 PUBLIC HOUSING CAPITAL FUND $237,653 Yes 2
14.850 PUBLIC HOUSING OPERATING FUND $167,517 Yes 2

Contacts

Name Title Type
RW5MDXMHKZF7 Rhonda Baxter Auditee
5123213398 John A. Blakeway 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 PHA 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 PHA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the PHA.
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. The PHA's summary of significant accounting policies is presented in Note A in the PHA's basic financial statements. The PHA has not elected to use the 15% de minimis cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2025-001
Allowable Costs/Cost Principles - All programs - Material weakness in internal control. Criteria or Specific Requirement: PHAs are required to maintain adequate supporting documentation for all disbursements. Condition: The PHA hasn't been attaching individual charge receipts to the credit card statements. Cause: Unknown. Effect: Credit card payments are being made from statements. Questioned Costs: Not applicable. Repeat Finding: Not a repeat finding. Recommendation: The PHA should attach individual charge tickets to credit card statements. Response: The PHA's Executive Director will make sure individual charge tickets are attached to the statement.
Finding 2025-002
Allowable Costs/Cost Principles - All programs - Material weakness in internal control. Criteria or Specific Requirement: Interfund receivables and payables should be liquidated on a monthly basis. Condition: - Interfund receivables and payables are not being liquidated on a monthly basis. Cause: Unknown. Effect: At year-end the low rent program had $32,856 in receivables from other funds that was not being liquidated on a monthly basis. Questioned Costs: The interfund receivable balance of $32,856. Repeat Finding: Repeat finding. Recommendation: Interfund receivables and payables should be liquidated on a monthly basis. Response: The PHA's Executive Director will make sure the interfund balances are liquidated each month.