Finding 1078880 (2024-001)

-
Requirement
C
Questioned Costs
$1
Year
2024
Accepted
2024-10-10

AI Summary

  • Answer: An authorized payment was mistakenly taken from the wrong account.
  • Trend: This error highlights a recurring issue with account management practices.
  • List: Review account transfer processes and implement additional checks to prevent future mistakes.

Finding Text

Management inadvertently transferred an authorized replacement reserve disbursement from the residual receipts account instead of the replacement reserve account.

Categories

Questioned Costs Cash Management HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $2.65M