Finding Text
Audit Finding 2024-003 – Special Tests and Provisions: Utility Allowance Schedule
Criteria:
The Authority must maintain an up-to-date utility allowance schedule. The Authority must review utility rate data for each utility category each year and must adjust its utility allowance schedule if there has been a rate change of 10 percent or more for a utility category or fuel type since the last time the utility allowance schedule was revised (24 CFR § 982.517).
Condition:
The Authority was unable to provide proper documentation to support their changes to the Authority’s utility allowance schedules.
Cause:
The current record keeping, and documentation of utility allowance schedules is inadequate.
Effect:
We are unable to determine if the Authority is properly calculating its utility allowance schedules.
Recommendation:
We would recommend the Authority keeps proper documentation of its adjustments to their utility allowance schedules.
Views of Responsible Official:
Management agrees with the finding.