Finding 1084688 (2024-001)

- Repeat Finding

Requirement

Questioned Costs

Year

2024

Accepted

2024-11-18

Audit: 328731

Organization: Pineville Voa Living Ctr., Inc. (pinehaven Place) (LA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Monthly deposits to the replacement reserve are short by $2,400.
Trend: This deficiency indicates a pattern of underfunding that could impact future reserve availability.
List: Recommend reviewing funding strategies and adjusting future deposits to meet requirements.

REQUIRED MONTHLY DEPOSITS TO THE REPLACEMENT RESERVE ARE DEFICIENT IN THE AMOUNT OF $2,400.

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$1.28M