Finding Text
2024-002 Failure to comply with federal reporting deadlines
Criteria:
The Housing Authority must ensure that the federal reporting deadlines are met.
Condition:
Unaudited FDS information is due to PIH-REAC two months after the Housing Authority’s fiscal year end, which is consistent with the requirements of both the Uniform Financial Reporting Standards and OMB Uniform Guidance.
Questioned Costs:
None.
Cause:
The Housing Authority did not ensure that the unaudited FDS submission was provided in a timely manner.
Effect:
The Housing Authority did not comply with the unaudited FDS submission due date.
Recommendation:
We recommend that the Housing Authority place a greater emphasis on all federal reporting deadlines.