FAC Explorer

Finding 1156389 (2024-004)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2025-09-29
Audit: 368701
Organization: Housing Authority of the City of Williston (ND)
Auditor: Brady Martz & Associates PC

AI Summary

  • Core Issue: The Housing Authority did not secure a general depository agreement with one financial institution, violating HUD requirements.
  • Impacted Requirements: Compliance with federal program regulations for Section 8 Housing Choice Vouchers.
  • Recommended Follow-Up: Ensure general depository agreements are completed with all new financial institutions whenever a new account is opened.

Finding Text

Eligibility – Significant Deficiency Federal Program: Section 8 Housing Choice Vouchers (14.871 & 14.879) Criteria: The Housing Authority is required to enter into general depository agreements with each of their financial institutions. Condition: The Housing Authority failed to obtain a general depository agreement with one of their financial institutions. Cause: The Housing Authority’s failed to complete a general depository agreement with one of their financial institutions. Questioned Costs: $0 Effect: The Housing Authority’s is not in compliance with the HUD requirements. Recommendation: We recommend that the Housing Authority completes general depository agreements with each new financial institution each time a new account is opened in order to comply with requirements of the compliance supplement. Views of responsible officials and planned corrective actions: We agree with this finding. See corrective action plan item 2024-004. Indication of repeat finding: This is a new finding.

Corrective Action Plan

Contact Person Heidi Johnson, Board President Corrective Action Plan The Housing Authority will be more diligent in obtaining general depository agreements with all our financial institutions, as required. Completion Date Effective immediately.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 1156388 2024-004
    Material Weakness Repeat
  • 1156390 2024-005
    Material Weakness Repeat
  • 1156391 2024-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $692,558
10.415 Rural Rental Housing Loans $676,175
14.850 Public and Indian Housing $445,941
14.195 Section 8 Housing Assistance Payment Program $285,016
14.872 Public Housing Capital Fund $281,035
14.879 Mainstream Vouchers $182,240
10.427 Rural Rental Assistance Payments $69,781