FAC Explorer

Audit 408983

FY End
2025-12-31
Total Expended
$1.31M
Findings
1
Programs
2
Organization: The Housing Authority of the City of Oxford (MS)
Year: 2025 Accepted: 2026-08-12
Auditor: JOHN RUSSELL AND ASSOCIATES INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1226399 2025-001 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.850 PUBLIC AND INDIAN HOUSING $755,963 Yes 0
14.872 PUBLIC HOUSING CAPITAL FUND $555,460 Yes 1

Contacts

Name Title Type
D4DAX6HNTEJ9 Teasha Sanders Auditee
6622347524 John G Russell Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Oxford, Mississippi and 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. Cose of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Housing Authority did not elect to use the 10% De Minimus Cost Rate.

Finding Details

Finding 2025-001
PART B: FINDINGS – FINANCIAL STATEMENTS AUDIT 2025-001 – Internal Controls Compliance Requirement: Internal Controls Condition and Criteria: Housing Authorities are required to have a sound internal control system in place to authorize transactions. During the current fiscal year audit, it was noted that the Housing Authority could not provide written proof of invoice authorizations by a Housing Authority Official. It should be noted that the Housing Authority did review the invoices and verified that the work was done. It was also noted that the Housing Authority implemented this procedure before the end of fieldwork. Type of Finding: Significant Deficiency Cause: The internal control structure was not adequate to prevent these deficiencies. Effect: There was no written proof of authorization of invoices. Questioned Costs: None known. Auditors’ Recommendation: We recommend that the Housing Authority strengthen its internal controls to ensure that invoices have written authorizations. Corrective Action Plan: See attached response from Executive Director on page 39. PART C: FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT 2025-001 – Internal Controls This finding is not restated - See Part B. for further information.