FAC Explorer

Finding 1145299 (2024-008)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-06-30
Audit: 360596
Organization: Springfield Metropolitan Housing Authority (OH)
Auditor: Kevin L Penn INC

AI Summary

  • Answer: Springfield MHA should disburse Capital Funds within 3 business days of deposit.
  • Trend: This aligns with compliance guidelines from the Department of Housing and Urban Development.
  • List: Follow up to ensure timely disbursement of funds to maintain compliance.

Finding Text

In order to be in compliance with guidelines established by the Department of Housing and Urban Development, I recommend that Springfield MHA, disburse Capital Funds received, within 3 business days of funds being deposited into Authority’s bank account from LOCCS.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 568855 2024-006
    Material Weakness
  • 568856 2024-007
    Significant Deficiency
  • 568857 2024-008
    Significant Deficiency Repeat
  • 568858 2024-009
    Significant Deficiency Repeat
  • 1145297 2024-006
    Material Weakness
  • 1145298 2024-007
    Significant Deficiency
  • 1145300 2024-009
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $5.08M
14.850 Public Housing Operating Fund $3.17M
14.872 Public Housing Capital Fund $2.67M
14.879 Mainstream Vouchers $237,582
14.238 Shelter Plus Care $145,166
14.896 Family Self-Sufficiency Program $49,997