Finding 1076233 (2023-001)

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Requirement
L
Questioned Costs
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Year
2023
Accepted
2024-09-30
Audit: 322645
Organization: Burnet Housing Authority (TX)

AI Summary

  • Core Issue: Discrepancies between HAP expenses reported on the VMS and FDS, with a difference of $209,828 for HCV and $9,610 for EHV.
  • Impacted Requirements: HAP expenses must match between VMS and FDS to ensure accurate reporting and compliance.
  • Recommended Follow-Up: The PHA should implement regular reconciliations between VMS and FDS to prevent future discrepancies.

Finding Text

2023-001 - Reporting - Housing Choice Voucher Program - ALN #14.871. Criteria or Specific Requirement: HAP expense on the FDS should agree with the amount on the VMS. Condition: HCV HAP expense reported on the VMS was $1,993,401 while the amount reported on the FDS was $2,203,229. EHV HAP expense report on the VMS was $109,031 while the amount reported on the FDS was $99,421. Cause: VMS and FDS are not being reconciled. Effect: Incorrect reporting on the VMS can have a negative impact on future funding. Questioned Costs: None. Repeat Finding: Not a repeat finding. Reccomendation: The PHA should reconcile the amounts reported on the VMS with those reported on the FDS. Response: The PHA will adjust the current year amounts on the VMS and keep future reports reconciled with the FDS.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $2.58M
10.415 Rural Rental Housing Loans $2.44M
14.872 Public Housing Capital Fund $154,254
14.850 Public Housing Operating Fund $133,396
14.871 Emergency Housing Vouchers $133,254
10.427 Rural Rental Assistance Payments $90,798