Finding 1078892 (2024-001)

Requirement

Questioned Costs

Year

2024

Accepted

2024-10-10

Audit: 324467

Organization: Cincinnati Voa Living Center, INC (clinton Springs) (VA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Monthly deposits to the replacement reserve are short by $700.
Trend: This deficiency indicates a potential ongoing issue with funding the reserve adequately.
List: Follow up by reviewing deposit schedules and adjusting future contributions to meet requirements.

Required monthly deposits to the replacemente resereve are deficient in the amount of $700.

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$780,826