Finding 1130983 (2024-004)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-04-10
Audit: 353264
Organization: Falmouth Housing Authority (MA)
Auditor: Cbiz CPAS PC

AI Summary

  • Core Issue: The Authority submitted the unaudited FDS one day late, on September 16, 2024.
  • Impacted Requirements: Timely filing is crucial for HUD's monitoring of federal programs.
  • Recommended Follow-Up: Improve internal controls to ensure timely submission of the unaudited FDS in the future.

Finding Text

2024-004 – REPORTING Significant Deficiency/Other Noncompliance U.S. Department of Housing and Urban Development ALN #: 14.871/14.879 – Housing Voucher Cluster ALN #: 14.872 – Public Housing Capital Fund CRITERIA The unaudited FDS was required to be submitted to HUD by September 15, 2024. CONDITION The Authority’s unaudited FDS was submitted to HUD on September 16, 2024. CAUSE The Authority’s internal control processes were not sufficient to ensure timely filing of the unaudited FDS. EFFECT As a result of not submitting the FDS timely, HUD was limited in its ability to conduct proper monitoring and oversight of federal programs. QUESTIONED COSTS None identified. CONTEXT The Authority submits the unaudited FDS annually. Our testing of the reporting requirement was limited to the single occurrence of the annual filing. REPEAT FINDING Not a repeat finding. RECOMMENDATION We recommend that the Authority ensure its year-end closing process is sufficient to allow or the timely filing of the unaudited FDS. AUDITEE’S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.

Categories

HUD Housing Programs Internal Control / Segregation of Duties Subrecipient Monitoring Reporting Significant Deficiency

Other Findings in this Audit

  • 554540 2024-002
    Significant Deficiency
  • 554541 2024-004
    Significant Deficiency
  • 554542 2024-002
    Significant Deficiency
  • 554543 2024-004
    Significant Deficiency
  • 554544 2024-002
    Significant Deficiency
  • 554545 2024-004
    Significant Deficiency
  • 554546 2024-002
    Significant Deficiency
  • 554547 2024-003
    Significant Deficiency
  • 554548 2024-004
    Significant Deficiency
  • 554549 2024-005
    Significant Deficiency
  • 1130982 2024-002
    Significant Deficiency
  • 1130984 2024-002
    Significant Deficiency
  • 1130985 2024-004
    Significant Deficiency
  • 1130986 2024-002
    Significant Deficiency
  • 1130987 2024-004
    Significant Deficiency
  • 1130988 2024-002
    Significant Deficiency
  • 1130989 2024-003
    Significant Deficiency
  • 1130990 2024-004
    Significant Deficiency
  • 1130991 2024-005
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $5.88M
14.879 Mainstream Vouchers $1.05M
14.872 Public Housing Capital Fund $1.05M
14.850 Public Housing Operating Fund $566,816
14.249 Section 8 Moderate Rehabilitation Single Room Occupancy $84,137
14.870 Resident Opportunity and Supportive Services - Service Coordinators $70,045
21.019 Coronavirus Relief Fund $29,996