FAC Explorer

Finding 1144065 (2024-006)

Material Weakness
Requirement
C
Questioned Costs
$1
Year
2024
Accepted
2025-06-26
Audit: 360171
Organization: York Housing Authority (NE)
Auditor: Core CPAS

AI Summary

  • Core Issue: There is a material weakness in cash management related to the Capital Fund Program, affecting compliance with federal requirements.
  • Impacted Requirements: This finding pertains to federal award identification and management, specifically under the U.S. Department of Housing and Urban Development.
  • Recommended Follow-Up: Review the corrective action plan on page 43 to address the questioned costs of $191,538 and ensure compliance moving forward.

Finding Text

Material Weakness in Cash Management Federal Award Identification Assistance Listing Program Title: Capital Fund Program Assistance Listing Program Number: 14.872 Federal Award ID Number and Year: NE26P094501-20, NE26P094501-22 Federal Agency: U.S. Department of Housing and Urban Development Criteria See Finding 2024-004 Condition See Finding 2024-004 Repeat Finding No Questioned Costs 191,538 Statistical Sample No Context See Finding 2024-004 Effect or Potential Effect See Finding 2024-004 Cause See Finding 2024-004 Recommendation See Finding 2024-004 Auditee Response/Corrective Action Plan: See page 43.

Categories

Questioned Costs Cash Management Material Weakness

Other Findings in this Audit

  • 567622 2024-005
    Significant Deficiency
  • 567623 2024-006
    Material Weakness
  • 1144064 2024-005
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.872 Public Housing Capital Fund $275,545
14.850 Public Housing Operating Fund $228,865
14.182 Lower Income Housing Assistance Program_section 8 New Construction/substantial Rehabilitation $117,046
14.871 Section 8 Housing Choice Vouchers $23,897