FAC Explorer

Audit 43828

FY End
2022-03-31
Total Expended
$795,940
Findings
2
Programs
2
Organization: Housing Authority of the City of Live Oak (FL)
Year: 2022 Accepted: 2022-11-17
Auditor: Malcolm Johnson & Company P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
39333 2022-001 Material Weakness - I
615775 2022-001 Material Weakness - I

Programs

ALN Program Spent Major Findings
14.872 Public Housing Capital Fund $443,712 Yes 1
14.850 Public and Indian Housing $352,228 - 0

Contacts

Name Title Type
HM46M8AFNE37 Nathaniel Smith Auditee
3863642123 Malcolm P. Johnson Auditor
No contacts on file

Notes to SEFA

Accounting Policies: A.Basis of AccountingThis schedule is prepared on the accrual basis of accounting.B.Basis of PresentationThe accompanying Schedule of Federal Awards (the Schedule) includes the federal grant activity of the Authority under programs of the federal government for the year ended June 30, 2020. The information in this schedule is presented in accordance with the requirements of OMB Uniform Guidance, Title 2 CFR, Part 200, "Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards". Because the Schedule presents only a selected portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net position or cash flows of the Authority. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
2022-1 Condition: Deficiencies Were Noted in Our Examination of Procurement During the review of the Lewis Walker Roofing contract the following deficiencies were noted: Contract lacked documentation cost analysis. Contract lacked documentation of performance and payment bonds. Contract piggyback was not performed in compliance with policy and HUD piggybacking requirements. CFDA Number: 14.872 Questioned Costs: None Cause: The Authority did not have adequate internal controls (monitoring) to determine that they were not in compliance with regulations or their own policies. Effect: The Authority has not been in complete compliance with HUD requirements. Criteria: The Authority is required by regulation and their own administrative policies to perform certain procedures to ensure that the program is administered in accordance with HUD regulations. Recommendation: We recommend that the Authority formulate, or review and update all its administrative policies to ensure that all contracts are in accordance with applicable HUD regulations. Reply: We concur with the Auditor?s recommendation. We will review and update all our Procurement Policies to ensure that all contracts are in compliance with HUD regulations.
Finding 2022-001
2022-1 Condition: Deficiencies Were Noted in Our Examination of Procurement During the review of the Lewis Walker Roofing contract the following deficiencies were noted: Contract lacked documentation cost analysis. Contract lacked documentation of performance and payment bonds. Contract piggyback was not performed in compliance with policy and HUD piggybacking requirements. CFDA Number: 14.872 Questioned Costs: None Cause: The Authority did not have adequate internal controls (monitoring) to determine that they were not in compliance with regulations or their own policies. Effect: The Authority has not been in complete compliance with HUD requirements. Criteria: The Authority is required by regulation and their own administrative policies to perform certain procedures to ensure that the program is administered in accordance with HUD regulations. Recommendation: We recommend that the Authority formulate, or review and update all its administrative policies to ensure that all contracts are in accordance with applicable HUD regulations. Reply: We concur with the Auditor?s recommendation. We will review and update all our Procurement Policies to ensure that all contracts are in compliance with HUD regulations.