Name of auditee: Mar Vista Eldorado, Inc.
HUD auditee identification number: 122-EH528-WAH-NP
Name of audit firm: Dauby O'Connor & Zaleski, LLC
Period covered by the audit: Year ended June 30, 2023
CAP prepared by
Name: Dwight Hargett
Position: President/CEO – Management Agent
Telephone number: 812-...
Name of auditee: Mar Vista Eldorado, Inc.
HUD auditee identification number: 122-EH528-WAH-NP
Name of audit firm: Dauby O'Connor & Zaleski, LLC
Period covered by the audit: Year ended June 30, 2023
CAP prepared by
Name: Dwight Hargett
Position: President/CEO – Management Agent
Telephone number: 812-987-8344
Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations
Statement of Condition 2023-001 (Assistance Listing Number 14.157): The required residual
receipts deposit in the amount of $15,869 per the June 30, 2022 Computation of Surplus Cash,
Distributions and Residual Receipts was not deposited into the residual receipts account within 90 days
after the fiscal year end.
Recommendation: Management should make a deposit of $15,869 to the residual receipts account
for the underfunded amount. Additionally, management should make deposits, as required by the
Regulatory Agreement, on an annual basis.
Actions taken or planned on the finding: Management made a deposit of $15,869 on August 24,
2023 to fully fund the residual receipts account for the year ended June 30, 2023.