FAC Explorer

Finding 10876 (2023-002)

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Requirement
B
Questioned Costs
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Year
2023
Accepted
2024-01-30
Audit: 14611
Organization: Prince George's County Voa Living Center I, Inc. (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Surplus cash was not deposited on time.
  • Trend: This issue may indicate a pattern of delayed cash management.
  • List: Ensure timely deposits, review cash handling procedures, and monitor compliance regularly.

Finding Text

Surplus cash was not deposited into the Residual Receipts account within 90 days.

Corrective Action Plan

Management agrees with the finding. The residual receipts account deficiency was funded on August 1, 2023 in the amount of $28,939. Management will ensure that the residual receipts account is properly funded in the future.

Categories

Cash Management HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $1.29M