Finding 1078871 (2024-001)

Requirement

Questioned Costs

Year

2024

Accepted

2024-10-10

Audit: 324437

Organization: Broome County Voa Housing Development Fund Corporation (VA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Monthly deposits to the replacement reserve are short by $2,196.
Trend: This deficiency indicates a consistent failure to meet required funding levels.
List: Follow up by reviewing funding practices and adjusting future deposits to meet requirements.

Required monthly deposits to the replacment reserve are deficient in the amount of $2,196.

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$1.31M