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Corrective Action Plans

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Finding 38539 (2022-030)
Significant Deficiency 2022
State of Vermont
VT
Allowable Costs / Cost Principles § 200.303 § 200.403 § 200.405
Corrective Action Plan: VDH has updated its accounting structure and cost allocation plan to ensure that costs not otherwise eligible under federal grant awards are not attributed to the VDH administrative cost pool and allocated to federal grant programs. Scheduled Completion Date: 10/1/2022 ...
Corrective Action Plan: VDH has updated its accounting structure and cost allocation plan to ensure that costs not otherwise eligible under federal grant awards are not attributed to the VDH administrative cost pool and allocated to federal grant programs. Scheduled Completion Date: 10/1/2022 Contacts for Corrective Action Plan: Megan Hoke, Financial Director, Vermont Department of Health Peter Moino, Director of Internal Audit, Vermont Agency of Human Services
View Audit 30446
Finding 38534 (2022-028)
Significant Deficiency 2022
State of Vermont
VT
Equipment & Real Property Management § 200.303 § 200.313
Corrective Action Plan: The AOE will require each participating independent school complete an inventory webform every two years for each piece of equipment that has been reimbursed or purchased by VTAOE for use by the independent school under CRRSAA. The Equipment will be tagged as property of the ...
Corrective Action Plan: The AOE will require each participating independent school complete an inventory webform every two years for each piece of equipment that has been reimbursed or purchased by VTAOE for use by the independent school under CRRSAA. The Equipment will be tagged as property of the State of Vermont, and we will require a picture of the item for our records to ensure the item is in a good condition. We will maintain a list of equipment items including all that is required in 2 CFR section 200.313(d) (1). Our Administrative Services Director will add equipment and maintain our equipment list. Updates will be provided to this position by the EANS program team following the process below. The AOE EANS Program team will review each Equipment inventory submission for completeness including: the current condition and if the item is still being used for its intended purpose. Once the inventory is complete, the Program team will provide the inventory updates to the AOE Finance Team. As long as an independent school continues to use the equipment for an approved purpose, they will be asked to complete the inventory every two years. The Administrative Services Director will work with the State of Vermont?s Department of Buildings and General Services when equipment items need to be disposed of. We will provide them a list of the items and they will instruct us how to proceed. Position Responsible for Implementation of Corrective Action Name: Sean Cousino Position: Deputy Chief Financial Officer Email: sean.cousino@vermont.gov Phone Number: 802 595-3693 Date of Implementation of Corrective Action: 7/1/2023
View Audit 30446
Finding 38530 (2022-026)
Material Weakness 2022
State of Vermont
VT
Special Tests & Provisions Material Weakness Matching / Level of Effort / Earmarking § 200.303
Corrective Action Plan: The Agency will identify if a new ESEA Federal grant (or a grant based on an ESEA program) includes an Equitable Service requirement during the program completion of the ?New Grant Checklist?. If a new grant includes an Equitable Service requirement, the ESEA Equitable Servic...
Corrective Action Plan: The Agency will identify if a new ESEA Federal grant (or a grant based on an ESEA program) includes an Equitable Service requirement during the program completion of the ?New Grant Checklist?. If a new grant includes an Equitable Service requirement, the ESEA Equitable Service?s Ombudsman will be notified and will work with the grant program manager to ensure the build of the GMS application includes the correct level of detail and controls to meet the SEA requirements for oversight. When appropriate, the Agency will use its process for handling of Equitable Services associated with the Consolidated Federal Programs as models for determining the correct calculation method. The Agency will utilize built in business rules and internal controls within the Grants Management System (GMS) to gather the following information in the grant application for AOE review and approval prior to issuing a grant award agreement: 1. Calculation of the total proportionate share dollars an LEA must set aside for Equitable Services 2. Identification of Independent Schools participating in Equitable Services applicable to each LEA 3. Calculation of the dollars available for Equitable Services for each participating Independent School For each Federal grant that requires an equitable services component, the Agency will document the review and approval of the Equitable Services information through one of two processes prior to the grant award agreement: 1. A dedicated review assignment specific to equitable services, or 2. Verification statements on the review checklist for a general application reviewer Position Responsible for Implementation of Corrective Action: Anne Bordonaro, Division Director, Federal & Education Support Programs anne.bordonaro@vermont.gov 802-828-1388 Date of Implementation of Corrective Action: July 1, 2023
View Audit 30446
Finding 38529 (2022-029)
Significant Deficiency 2022
State of Vermont
VT
Subrecipient Monitoring Reporting Significant Deficiency § 200.303
Corrective Action Plan: To address the accuracy and timeliness of our entries into the FFATA system, we will use the USASPENDING.GOV website to assist us in reconciling what has been entered into the FFATA system. This will allow us to ensure that our grant ledgers agree with what is entered into ...
Corrective Action Plan: To address the accuracy and timeliness of our entries into the FFATA system, we will use the USASPENDING.GOV website to assist us in reconciling what has been entered into the FFATA system. This will allow us to ensure that our grant ledgers agree with what is entered into FFATA. This will be a reconciliation completed at least quarterly (following SOV fiscal year quarters) and will be completed by the Deputy CFO or position assigned by the Deputy CFO. We will also implement a process that will have all the steps necessary for a grant award or an amendment to ensure it is posted properly within our internal files and the external systems. This will ensure that new awards and amendments get routed and entered in the FFATA system timely. Our finance team also attended a FFATA training on February 3, 2023 for additional training on the FFATA system. We will look into the Batch upload process which was described in that training. Position Responsible for Implementation of Corrective Action Name: Sean Cousino Position: Deputy Chief Financial Officer Email: sean.cousino@vermont.gov Phone Number: 802 595-3693 Date of Implementation of Corrective Action: First Reconciliation to be completed March/April 2023 Full Implementation June 1,2023
View Audit 30446
Finding 38528 (2022-027)
Significant Deficiency 2022
State of Vermont
VT
Reporting Cash Management Significant Deficiency § 200.302 § 200.303
Corrective Action Plan: We will be implementing a new process that is more automated to ensure accuracy and timeliness of our CMIA draws. We have created a new draw sheet that will be more easily loaded and will be reconciled a couple times a year. The Deputy CFO or person assigned by the Deput...
Corrective Action Plan: We will be implementing a new process that is more automated to ensure accuracy and timeliness of our CMIA draws. We have created a new draw sheet that will be more easily loaded and will be reconciled a couple times a year. The Deputy CFO or person assigned by the Deputy CFO will perform a reconciliation at least two times a year, with the first reconciliation being done before the end of FY 2023. We are currently using the new form and plan to be doing our draws in compliance with CMIA by 4/1/2023. We are also keeping all the backup for the draw electronically to allow for the review to be done more easily. Position Responsible for Implementation of Corrective Action Name: Sean Cousino Position: Deputy CFO Email: sean.cousino@vermont.gov Phone Number: 802 595-3693 Date of Implementation of Corrective Action: April 1st, 2023
View Audit 30446
The George Washington University
VA
Questioned Costs Subrecipient Monitoring Special Tests & Provisions
November 1, 2022 Finding 2022-001: 2022-001 Special Tests and Provisions ? Verification Management?s View and Corrective Action Plan Through review and analysis of the finding during the audit, management notes two staff members incorrectly processed the files for the four federal verification is...
November 1, 2022 Finding 2022-001: 2022-001 Special Tests and Provisions ? Verification Management?s View and Corrective Action Plan Through review and analysis of the finding during the audit, management notes two staff members incorrectly processed the files for the four federal verification issues identified. Three of the four files were processed by a staff member who no longer works at the University, and one of the four files was processed by a current Sr. Counselor. The Sr. Counselor responsible for one of the errors has had additional training provided to ensure the clear understanding of the data elements required on the Free Application for Federal Student Aid (FAFSA)/Institutional Student Information Record (ISIR), with particular emphasis on the taxes paid as this can produce a change to the need and potential change to the federal aid awarded. The Office of Student Financial Assistance (OSFA) will continue to require annual training on the FAFSA/ISIR and federal verification process for all staff who review student records. Training for the upcoming cycle will start in November 2022, prior to the incoming freshmen student file review processing scheduled to begin in December 2022. The training will have a strong emphasis on the data elements that are required to be verified with a data element matrix to be used as a reference tool. This tool will be required to be utilized when completing the verification process. Beyond the initial start to the cycle training, we will continue ongoing training and refreshers throughout the year. Additionally, starting with the new cycle, OSFA?s management team will be implementing a second level review process for all verified files. This will require that an OSFA manager complete an additional review to identify any potential errors. The OSFA manager will also be responsible for providing training needs throughout the processing cycle. In addition, a peer review process will be implemented on a sample basis to maintain a stronger environment of accountability. The second level and peer review process will be ongoing. For the longer term, OSFA is in the process of hiring a Chief Financial Aid Compliance Officer, backfilling a current vacancy. OSFA is working to enhance the position to ensure a compliance officer with necessary skills and Title IV knowledge will be hired. This will allow the office to have regular evaluation and staff training of policies and procedures, as well as performing desk audits throughout each cycle to identify potential risks and create action plans for staff members that need additional assistance. Implementation Date: November 2022 Estimated Completion Date: The training and enhanced review process will be ongoing and the Chief Financial Aid Compliance Officer position is aimed to be filled in FY23. Responsible Official and Point of Contact: Michelle Arcieri, Executive Director for Student Financial Assistance Neena Ali Associate Vice President & Controller
View Audit 31092 Questioned Costs: $1
Finding 38516 (2022-003)
Significant Deficiency 2022
Gila Crossing Community School
AZ
Allowable Costs / Cost Principles § 200.430
Finding Number: 2022-003 Program Name/Assistance Listing Title: Indian School Equalization Program, Administrative Costs Grant for Indian Schools, Twenty-First Century Community Learning Centers Assistance Listing Number: 15.042, 15.046, 84.287 Contact Person: Irene Casias, Human Resources Anticipat...
Finding Number: 2022-003 Program Name/Assistance Listing Title: Indian School Equalization Program, Administrative Costs Grant for Indian Schools, Twenty-First Century Community Learning Centers Assistance Listing Number: 15.042, 15.046, 84.287 Contact Person: Irene Casias, Human Resources Anticipated Completion Date: March 31, 2023 Planned Corrective Action: The need for improved record keeping and scheduling of such action has been stressed to the new person responsible for such actions. The individual is aware and will strive to make sure that the School is in compliance with the requirements.
View Audit 36719
Finding 38515 (2022-002)
Significant Deficiency 2022
Gila Crossing Community School
AZ
Procurement, Suspension & Debarment § 200.320
Finding Number: 2022-002 Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Contact Person: Jim Mosley, Superintendent Anticipated Completion Date: March 31, 2023 Planned Corrective Action: The School has shown improvement in taking the requir...
Finding Number: 2022-002 Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Contact Person: Jim Mosley, Superintendent Anticipated Completion Date: March 31, 2023 Planned Corrective Action: The School has shown improvement in taking the required action and is aware of the need to verify that vendors are not debarred; however, the manner of keeping records, of such action, is still lacking. The importance of such record keeping has been stressed to the new person responsible for the accounts payable activity of the School.
View Audit 36719
Finding 38514 (2022-001)
Significant Deficiency 2022
Gila Crossing Community School
AZ
Special Tests & Provisions Significant Deficiency
Finding Number: 2022-001 Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Contact Person: Jim Mosley, Superintendent; Irene Casias, Human Resources Anticipated Completion Date: June 30, 2023 Planned Corrective Action: The School has hired a ...
Finding Number: 2022-001 Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Contact Person: Jim Mosley, Superintendent; Irene Casias, Human Resources Anticipated Completion Date: June 30, 2023 Planned Corrective Action: The School has hired a new Human Resources Manager, who has, and continues to receive training, regarding character investigation and the required adjudication procedures. A new schedule has been instituted to keep track of the timing needs of renewals.
View Audit 36719
Finding 38491 (2022-008)
Material Weakness 2022
Osborne County Memorial Hospital
KS
Material Weakness Reporting Internal Control / Segregation of Duties
Condition Management should have a process in place to ensure the internal completion of the schedule of federal expenditures (SEFA) including all required disclosures. Views of responsible officials and planned corrective actions We will continue to monitor and, although we have limited personnel...
Condition Management should have a process in place to ensure the internal completion of the schedule of federal expenditures (SEFA) including all required disclosures. Views of responsible officials and planned corrective actions We will continue to monitor and, although we have limited personnel, we will continue to enhance our internal controls over the completion of the SEFA. Anticipated completion date Ongoing
View Audit 36422
Finding 38490 (2022-007)
Material Weakness 2022
Osborne County Memorial Hospital
KS
Questioned Costs Allowable Costs / Cost Principles Cash Management
Condition During the process of identifying expenses eligible under the COVID-19 Testing and Mitigation for Rural Health Clinics program, management did not reduce certain costs by estimated cost-based reimbursement to be received from Medicare. Views of responsible officials and planned corrective...
Condition During the process of identifying expenses eligible under the COVID-19 Testing and Mitigation for Rural Health Clinics program, management did not reduce certain costs by estimated cost-based reimbursement to be received from Medicare. Views of responsible officials and planned corrective actions Management will continue to refine processes to ensure only allowable costs are reported.
View Audit 36422 Questioned Costs: $1
Finding 38489 (2022-006)
Material Weakness 2022
Osborne County Memorial Hospital
KS
Questioned Costs Allowable Costs / Cost Principles Material Weakness
Condition During the process of completing the HRSA PRF reporting form, various reporting errors were made. Views of responsible officials and planned corrective actions We will review our current reporting processes and internal controls over PRF reporting to ensure all future reporting requiremen...
Condition During the process of completing the HRSA PRF reporting form, various reporting errors were made. Views of responsible officials and planned corrective actions We will review our current reporting processes and internal controls over PRF reporting to ensure all future reporting requirements are met.
View Audit 36422 Questioned Costs: $1
Finding 38488 (2022-005)
Material Weakness 2022
Osborne County Memorial Hospital
KS
Questioned Costs Allowable Costs / Cost Principles Cash Management
Condition During the process of identifying expenses incurred to prevent, prepare for or respond to the coronavirus pandemic, management did not reduce certain costs by estimated cost-based reimbursement to be received from Medicare and included certain cost items reimbursed through the COVID-19 Tes...
Condition During the process of identifying expenses incurred to prevent, prepare for or respond to the coronavirus pandemic, management did not reduce certain costs by estimated cost-based reimbursement to be received from Medicare and included certain cost items reimbursed through the COVID-19 Testing and Mitigation for Rural Health Clinics program (Federal Assistance Listing Number 93.697). Views of responsible officials and planned corrective actions Management will continue to refine processes to ensure only allowable costs are reported. Additionally, we have other costs in our cost tracking workbook we believe are allowable and sufficient to cover the $264,243 of questioned costs. We had intended to report these in the unreimbursed expenses section of the PRF reporting portal but inadvertently missed inputting them. Anticipated completion date Ongoing
View Audit 36422 Questioned Costs: $1
Finding 38483 (2022-004)
Significant Deficiency 2022
North Branch Public School
MN
Internal Control / Segregation of Duties Significant Deficiency Special Tests & Provisions § 200.326
Finding: 2022-004 SPECIAL PROVISIONS ? WAGE RATE REQUIREMENTS Federal agency: U.S. Department of Education Federal program title: Education Stabilization Fund Assistance Listing Number: 84.425D, 84.425U, and 84.425W Pass-Through Agency: Minnesota Department of Education Pass-Through Number(s): S425...
Finding: 2022-004 SPECIAL PROVISIONS ? WAGE RATE REQUIREMENTS Federal agency: U.S. Department of Education Federal program title: Education Stabilization Fund Assistance Listing Number: 84.425D, 84.425U, and 84.425W Pass-Through Agency: Minnesota Department of Education Pass-Through Number(s): S425D210045 and S425C210015 Award Period: July 1, 2021 - June 30, 2022 Type of Finding: ? Material Weakness in Internal Control over Compliance Recommendation: We recommend that the District obtain the weekly payrolls and statement of compliance from contractors that work on construction contracts financed by federal assistance funds. Explanation of Disagreement with Audit Findings: There is no disagreement with the audit finding. Actions Planned in Response to the Finding: Management will implement procedures and controls to obtain the necessary documentation to verify that contractors are in compliance with the wage rate requirements. Official Responsible for Ensuring CAP: Todd Tetzlaff, Director of Finance and Human Resources. Planned Completion Date for CAP: June 30, 2023.
View Audit 35090
Finding 38482 (2022-001)
Material Weakness 2022
Exceptional Children Have Opportunities
IL
Internal Control / Segregation of Duties
Monthly Bank Reconciliation Condition: During audit fieldwork, we found that the bank reconciliations were not being performed on a monthly basis. Plan: The Joint Agreement will work with the Township Treasurer to provide monthly reconciliations to the Agreement for review. Anticipated Date of Compl...
Monthly Bank Reconciliation Condition: During audit fieldwork, we found that the bank reconciliations were not being performed on a monthly basis. Plan: The Joint Agreement will work with the Township Treasurer to provide monthly reconciliations to the Agreement for review. Anticipated Date of Completion: June 30, 2023 Person in Charge: Director of Finance and Operations/CSBO
View Audit 35731
Finding 38481 (2022-006)
Significant Deficiency 2022
Wyoming Energy Authority
WY
Reporting Significant Deficiency
2022-006: Reporting (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority requires the Accounting Manager to be a secondary reviewer and approver of the SF-425 reports before they are submitted to the Department ...
2022-006: Reporting (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority requires the Accounting Manager to be a secondary reviewer and approver of the SF-425 reports before they are submitted to the Department of Energy effective January 2022. Completion Date ? January 2022 Contact Person ? Jami Blosmo, Accounting Manager
View Audit 33652
Finding 38480 (2022-005)
Significant Deficiency 2022
Wyoming Energy Authority
WY
Procurement, Suspension & Debarment Subrecipient Monitoring § 200.214
2022-005: Suspension and Debarment (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority expanded its policies and procedures related to suspension and debarment to all grant expenditures effective January 2022. ...
2022-005: Suspension and Debarment (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority expanded its policies and procedures related to suspension and debarment to all grant expenditures effective January 2022. Completion Date ? January 2022 Contact Person ? Jami Blosmo, Accounting Manager
View Audit 33652
Finding 38479 (2022-004)
Significant Deficiency 2022
Wyoming Energy Authority
WY
Procurement, Suspension & Debarment § 200.317 § 200.320 § 200.321 § 200.322 § 200.323
2022-004: Procurement (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority implemented a procurement policy effective January 2022. Completion Date ? January 2022 Contact Person ? Jami Blosmo, Accounting Manag...
2022-004: Procurement (Significant Deficiency) Views of Responsible Officials and Planned Corrective Actions: Management concurs with the finding. The Authority implemented a procurement policy effective January 2022. Completion Date ? January 2022 Contact Person ? Jami Blosmo, Accounting Manager
View Audit 33652
Finding 38475 (2022-003)
Significant Deficiency 2022
McKendree University
IL
Allowable Costs / Cost Principles Cash Management Reporting § 200.303
2022-003 Education Stabilization Fund: Higher Education Emergency Relief Fund Student Portion and Institutional Portion? Assistance Listing No. 84.425E, 84.425F Recommendation: We recommend the University design controls to ensure an adequate review and approval process is in place and documented. E...
2022-003 Education Stabilization Fund: Higher Education Emergency Relief Fund Student Portion and Institutional Portion? Assistance Listing No. 84.425E, 84.425F Recommendation: We recommend the University design controls to ensure an adequate review and approval process is in place and documented. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned/taken in response to finding: The University will design and implement internal procedures with staff (accountant, interim VP, and president) to ensure adequate review and controls are in place. Name(s) of the contact person(s) responsible for corrective action: John Nisbet, Interim Vice President of Administration & Finance Planned completion date for corrective action plan: April 2023
View Audit 30596
Finding 38474 (2022-002)
Significant Deficiency 2022
McKendree University
IL
Procurement, Suspension & Debarment § 200.318
UNITED STATES DEPARTMENT OF EDUCATION 2022-002 Education Stabilization Fund: Higher Education Emergency Relief Fund Student Portion and Institutional Portion ? Assistance Listing No. 84.425E, 84.425F Recommendation: We recommend that the University review their Procurement and Suspension and debarme...
UNITED STATES DEPARTMENT OF EDUCATION 2022-002 Education Stabilization Fund: Higher Education Emergency Relief Fund Student Portion and Institutional Portion ? Assistance Listing No. 84.425E, 84.425F Recommendation: We recommend that the University review their Procurement and Suspension and debarment policies and ensure that any missing federal requirements are included in their written policies. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned/taken in response to finding: The University has reviewed and will continue to monitor procurement and suspension and debarment policies and update procedures as needed to ensure compliance with federal requirements. Name(s) of the contact person(s) responsible for corrective action: John Nisbet, Interim Vice President of Administration & Finance Planned completion date for corrective action plan: April 2023
View Audit 30596
Finding 38473 (2022-001)
Significant Deficiency 2022
McKendree University
IL
Internal Control / Segregation of Duties Reporting Significant Deficiency
2022-001 Segregation of Duties Recommendation: The University should evaluate their financial reporting processes and controls, including the segregation of duties among its internal staff (including number of internal staff), to determine whether additional controls over the preparation of annual f...
2022-001 Segregation of Duties Recommendation: The University should evaluate their financial reporting processes and controls, including the segregation of duties among its internal staff (including number of internal staff), to determine whether additional controls over the preparation of annual financial statements can be implemented to provide reasonable assurance that financial statements are prepared in accordance with U.S. GAAP. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned/taken in response to finding: Additional staff have been included (accountant, interim VP, and president) to review appropriate workflow and controls in the assumption, reconciliation, and calculations used in the financial reporting processes. Name(s) of the contact person(s) responsible for corrective action: John Nisbet, Interim Vice President of Administration & Finance Planned completion date for corrective action plan: April 2023
View Audit 30596
Shiloh Neighborhood Development Corporation
OH
Subrecipient Monitoring School Nutrition Programs
FINDING 2022-008: Audit Report Deadline Response: The district had difficulty finding an auditor who would be available to contract with us for the 2022-23 school year. Since our last auditor was no longer in business, we had to share significant documentation with our new auditor....
FINDING 2022-008: Audit Report Deadline Response: The district had difficulty finding an auditor who would be available to contract with us for the 2022-23 school year. Since our last auditor was no longer in business, we had to share significant documentation with our new auditor. Additionally, there was a change in personnel with the hiring of a new Business Manager. Some of the requested information and files were not immediately available to our new Business Manager. We currently have an auditor under contract and will have all requested documentation to them in a timely manner to meet deadlines.
View Audit 30388
Finding 38462 (2022-007)
Material Weakness 2022
Shiloh Neighborhood Development Corporation
OH
Procurement, Suspension & Debarment § 200.317
FINDING 2022-007: Procurement Controls and Compliance Response: The district will comply with all regulations regarding advertisement for bid proposals in the future. This occurred during the tenure of a past Business Manager and was intended to be under the $80,000 limit. Unfortunately, the final...
FINDING 2022-007: Procurement Controls and Compliance Response: The district will comply with all regulations regarding advertisement for bid proposals in the future. This occurred during the tenure of a past Business Manager and was intended to be under the $80,000 limit. Unfortunately, the final expenditure exceeded the limit. Although the district did seek out multiple bids, it was not advertised appropriately and will be rectified in all future procurements.
View Audit 30388
Alberto E. Sanchez Project
PR
HUD Housing Programs
FUNDACION DE HOGARES PARA TRABAJADORES PO Box 11798 - Fernandez Juncos Sta. - San Juan, PR 00910-1798 Tel. (787) 268-0222, Fax (787) 268-0311 Villas de Monterrey Apartments HUD Project No. 056-44036-NP Year ended June 30, 2022 CORRECTIVE ACTION PLAN Finding No. 2022-001 Condition: Vacancy...
FUNDACION DE HOGARES PARA TRABAJADORES PO Box 11798 - Fernandez Juncos Sta. - San Juan, PR 00910-1798 Tel. (787) 268-0222, Fax (787) 268-0311 Villas de Monterrey Apartments HUD Project No. 056-44036-NP Year ended June 30, 2022 CORRECTIVE ACTION PLAN Finding No. 2022-001 Condition: Vacancy losses is extremely high when compared to last year vacancy losses. Vacancy losses increased in fiscal year 2022 by $92,164, from $76,077 to $168,241, representing a 7.26% of gross potential income. Effect: Negative impact in cash flows to the Project. Response: The actual number of Vacant Units as of 01/09/2023 is 6, which represent a 2.17% of all units at the property. Fundaci6n de Hogares para Trabajadores is currently undersigned Voluntary Compliance Agreement #02-20-5450-8, which requires rehabilitation of 13 units, as identified in the Agreement. The property currently has 14 units reserved and in Rehabilitation Status, to serve as temporary housing while the major accessibility changes are completed. January 10, 2023 Brenda Marquez Executive Director of FHT
View Audit 30387
Finding 38460 (2022-002)
Material Weakness 2022
Idaho Harm Reduction Project
ID
Reporting Internal Control / Segregation of Duties § 200.512
Management should develop a review process to ensure that the financial information is recorded appropriately in accordance with generally accepted accounting principles, is properly reconciled and recorded at year-end in a timely manner, and audits are completed in a timely manner in accordance wit...
Management should develop a review process to ensure that the financial information is recorded appropriately in accordance with generally accepted accounting principles, is properly reconciled and recorded at year-end in a timely manner, and audits are completed in a timely manner in accordance with 2 CFR Section 200.512.
View Audit 35753
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