Finding 1161330 (2024-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-10-23
Audit: 371227
Organization: Lake County Housing Commission (CA)

AI Summary

  • Answer: The Lake Housing Commission submitted their FDS report late.
  • Trend: This delay indicates a potential pattern of non-compliance with reporting deadlines.
  • List: Recommend monitoring future submissions and providing support to ensure timely compliance.

Finding Text

The Lake Housing Commission submitted their FDS report on September 12, 2024; 14 days after the required due date.

Corrective Action Plan

The Commission has been working with our external vendor to facilitate a timely submission in 2025. We are dedicated to ensuring that we communicate and track the vendor’s timely responses to ensure that this situation does not occur again. We enlisted HUD’s assistance in discussions with the vendor. Part of the delay was due to a co-mingling of funds in the report that needed extensive explanation. We are working with the County Auditor to split these funds out of the Commission prior to our voluntary transfer to Regional Housing Authority January 1, 2026. We anticipate this problem will not occur for the 2025 report.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1161331 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $2.22M