FAC Explorer

Audit 5939

FY End
2022-09-30
Total Expended
$4.69M
Findings
2
Programs
4
Organization: Bridgeton Housing Authority (NJ)
Year: 2022 Accepted: 2023-12-08
Auditor: Polcari and Company CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
3758 2022-001 Material Weakness - E
580200 2022-001 Material Weakness - E

Programs

ALN Program Spent Major Findings
14.850 Public and Indian Housing $1.83M Yes 1
14.872 Public Housing Capital Fund $1.46M - 0
14.871 Section 8 Housing Choice Vouchers $1.35M - 0
93.667 Social Services Block Grant $50,000 - 0

Contacts

Name Title Type
UAWSPKVQEKN6 Ralph Polcari Auditee
9738316969 Ralph Polcari Auditor
No contacts on file

Notes to SEFA

Title: Note 1 Accounting Policies: The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis cost rate. Basis of Presentation - The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements.
Title: Note 2 Accounting Policies: The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis cost rate. There were no subrecipient activities during the audit period.
Title: Note 3 Accounting Policies: The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis cost rate. The Authority has elected not to use the 10% de minimis cost rate.
Title: Note 4 Accounting Policies: The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis cost rate. The Authority received no non-cash assistance.
Title: Note 5 Accounting Policies: The Schedule of Expenditures of Federal Awards is presented in accordance with generally accepted accounting principles and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements. De Minimis Rate Used: N Rate Explanation: The Authority has elected not to use the 10% de minimis cost rate. The Authority did not have any HUD issued mortgages or loans.

Finding Details

Finding 2022-001
Finding 2022-1 Low Rent Public Housing Program (CFDA # 14.850) Type of Deficiency: Material Weakness Compliance Requirement: Eligibility and Special Tests Tenant files for the Low Rent Public Housing Program are materially incomplete. During inspection of forty Low Rent Public Housing program files, we noted the following exceptions. • Two files could not be located. • Five files were not recertified • One file did not include HUD Form 50058. • One did not include HUD Form 9886 Cause The Authority did not implement the proper controls to ensure all tenants are properly recertified each year. Condition The Authority did not follow the compliance requirements of 24CFR sections 5.230, 5.609 and 960.259. Effect of Condition The effect of not complying with the requirements in the Compliance Supplement may result in ineligible individuals admitted to the public housing program and also inaccurate rent calculations. Recommendation We recommend the Authority adopt controls and procedures to ensure compliance with the requirements of the Low Rent Public Housing program. Questioned Costs: $0 Response The Authority agrees the finding. Authority employees will receive proper training and the Authority will closely monitor tenant recertifcations to ensure all compliance requirements are met.
Finding 2022-001
Finding 2022-1 Low Rent Public Housing Program (CFDA # 14.850) Type of Deficiency: Material Weakness Compliance Requirement: Eligibility and Special Tests Tenant files for the Low Rent Public Housing Program are materially incomplete. During inspection of forty Low Rent Public Housing program files, we noted the following exceptions. • Two files could not be located. • Five files were not recertified • One file did not include HUD Form 50058. • One did not include HUD Form 9886 Cause The Authority did not implement the proper controls to ensure all tenants are properly recertified each year. Condition The Authority did not follow the compliance requirements of 24CFR sections 5.230, 5.609 and 960.259. Effect of Condition The effect of not complying with the requirements in the Compliance Supplement may result in ineligible individuals admitted to the public housing program and also inaccurate rent calculations. Recommendation We recommend the Authority adopt controls and procedures to ensure compliance with the requirements of the Low Rent Public Housing program. Questioned Costs: $0 Response The Authority agrees the finding. Authority employees will receive proper training and the Authority will closely monitor tenant recertifcations to ensure all compliance requirements are met.