Finding Text
Criteria: Per CFR 905.310(b), the PHA shall maintain detailed disbursement records to document eligible expenditures(e.g contracts or other applicable documents), in a form and manner prescribed by HUD. Condition: Management did not sign the voucher issued by HUD. Context: The auditor selected 10 vouchers(all vouchers over significant item threshold) relating to BLI 1480 to test allowable cost. While reviewing the supporting documents related to each voucher, the auditor noted that none of the vouchers were signed by management. Per HUD guidance, the voucher needs to be signed by management. Cause: Mangement did not know of the requirement. Effect: The Authority is not in compliance with Cash Management rules relating to the Capital Fund Program. Recommendations: The Authority needs to understand and comply with Public Housing Capital Fund Program's cash management rules. Management Views: Management agrees, see corrective action plan.