FAC Explorer

Audit 8509

FY End
2021-12-31
Total Expended
$2.42M
Findings
2
Programs
2
Organization: Winnebago Housing Development Commission, INC (NE)
Year: 2021 Accepted: 2023-12-27
Auditor: Midwest Professionals PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
6572 2021-001 - - L
583014 2021-001 - - L

Programs

ALN Program Spent Major Findings
21.023 Emergency Rental Assistance Program $970,319 Yes 1
14.867 Indian Housing Block Grants $98,116 - 0

Contacts

Name Title Type
K1KPGU221MH4 Dana Zagurski Auditee
4028782241 J. Kurt Tucker Auditor
No contacts on file

Notes to SEFA

Title: Note 1: Describe the significant accounting policies used in preparing the SEFA. (2 CFR 200.510(b)(6)) Accounting Policies: The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance.
Title: Note 2: Did the auditee use the de minimis cost rate? (2 CFR 200.414(f)) Accounting Policies: The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The auditee did not use the de minimis cost rate.
Title: Note 3: Subrecipients Accounting Policies: The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Winnebago Housing and Development Commission did not provide any federal awards to subrecipients during the fiscal year ended December 31, 2021.
Title: Note 4: Loans Outstanding Accounting Policies: The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Winnebago Housing and Development Commission did not have any federal loans during the fiscal year ended December 31, 2021.
Title: Note 5: Reconciliation of Reported Expenditures to Financial Statement Totals Accounting Policies: The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnebago Housing and Development Commission and is presented on the modified 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The Commission did not elect to use the 10 percent de minimis indirect cost rate as allowed under OMB Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The following is a reconciliation of total federal expenditures reported on the schedule of expenditures of federal awards to the grant revenue total reported on the Commissions Statement of Revenues, Expenses and Changes in Net Position for the year ending December 31, 2021: Per Financials:Federal Grant Revenues - NAHASDA $1,810,711 Total Federal Grant Revenues 1,810,711 Per SEFA:Total Federal Expenditures per Schedule of Federal Awards: $1,810,711

Finding Details

Finding 2021-001
2021-001 Late Single Audit Submission Condition: The Development Commission’s audit was not completed and the data collection form and reporting package were not submitted within nine months after the end of the audit period. Criteria: Section 200.512 Report Submission of the Office of Management and Budget’s Uniform Guidance states, “The audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day.” Cause: The Development Commission's financial statements were not completed in time for a timely submission. This was due in large part to turnover in the Finance Manager's position that took place during the time period that the audit was being conducted. Effect: The Development Commission is not in compliance with provisions of the OMB’s Uniform Guidance. Recommendation: Obtain the services of a new Finance Manager who will coordinate the close out of the year end financials with the fee accountant so the books are closed prior to the start of the FY2023 audit. Views of Responsible Officials and Planned Corrective Actions: See corrective action plan. Total Question Costs (U.S. Dept of Treasury) $0 Total Current Year Question Costs: $0
Finding 2021-001
2021-001 Late Single Audit Submission Condition: The Development Commission’s audit was not completed and the data collection form and reporting package were not submitted within nine months after the end of the audit period. Criteria: Section 200.512 Report Submission of the Office of Management and Budget’s Uniform Guidance states, “The audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day.” Cause: The Development Commission's financial statements were not completed in time for a timely submission. This was due in large part to turnover in the Finance Manager's position that took place during the time period that the audit was being conducted. Effect: The Development Commission is not in compliance with provisions of the OMB’s Uniform Guidance. Recommendation: Obtain the services of a new Finance Manager who will coordinate the close out of the year end financials with the fee accountant so the books are closed prior to the start of the FY2023 audit. Views of Responsible Officials and Planned Corrective Actions: See corrective action plan. Total Question Costs (U.S. Dept of Treasury) $0 Total Current Year Question Costs: $0