Finding 1095829 (2024-001)

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Requirement
L
Questioned Costs
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Year
2024
Accepted
2025-01-16

AI Summary

  • Issue: One semi-annual performance report was submitted late, missing the 30-day deadline.
  • Requirement: Reports must be filed within 30 calendar days after the reporting period ends.
  • Follow-up: Ensure future reports are submitted ahead of deadlines to prevent delays.

Finding Text

Condition: One of the semi-annual performance reports submitted for the program was submitted after the reporting deadline. Criteria: Semi-annual performance reports must be filed within 30 calendar days of the end of the 6-month reporting period. Cause: The staff responsible for the submission failed to submit by the reporting deadline. Effect: A semi-annual performance report was submitted late. Questioned Cost Amount: Not Applicable. Context: One of the two performance reports required to be filed during the fiscal year was not submitted by the deadline. Recommendation: We recommend that performance report submission are done in advance of the deadline. Views of Responsible Officials and Planned Corrective Action: Performance reports will be filed in a timely manner to avoid missing the deadline.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.011 Capital Magnet Fund $1.70M
14.251 Economic Development Initiative, Community Project Funding, and Miscellaneous Grants $1.08M
21.U01 Neighborworks System Program $877,005
14.239 Home Investment Partnerships Program $531,035
21.033 Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) $53,316
14.169 Housing Counseling Assistance Program $22,195