Finding 1170177 (2025-004)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2025
Accepted
2026-01-21

AI Summary

  • Core Issue: Duplicate payroll periods were billed and paid, leading to an overstatement of payroll expenses by $72,034.
  • Impacted Requirements: HAP project funds must only cover reasonable and necessary expenses as outlined in the HAP contract.
  • Recommended Follow-Up: Implement staff training for monthly reviews of accounting records to identify and investigate unusual expense variances.

Finding Text

Criteria: HAP project funds may be used only for expenses that are reasonable and necessary to the operation of the project as provided for in the HAP contract. Condition: Internal controls over payables were not implemented to detect that duplicate payroll periods were billed by, and paid to, the management agent and were recorded to the books of the entity. Context: Expenses for duplicate payroll periods and van driver payroll expenses were recorded in excess of actual amounts incurred. Effect: Payroll expenses were overstated by $72,034. Cause: Lack of attention to the payroll period on multiple invoices from management agent, as well as no evidence of review of comparative monthly expenses to detect unusual and/or significant increases in payroll and payroll related expenses. Recommendation: We recommend staff training at the property level to perform monthly review of accounting records on a comparative basis to detect and investigate unusual and/or significant variances. Views of Responsible Officials and Planned Corrective Actions: Management agrees. The Accounting Manager and Executive Director for the year ended June 30, 2025 were terminated in October 2025, and the former Executive Director has returned to assist in implementing necessary controls and processes and train property level staff to perform monthly analysis and investigate unusual and/or significant variances.

Corrective Action Plan

The Accounting Manager and Executive Director for the year ended June 30, 2025 were terminated in October 2025, and the former Executive Director has returned to assist in implementing necessary controls and processes and train property level staff to perform monthly analysis and investigate unusual and/or significant variances.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1170174 2025-001
    Material Weakness Repeat
  • 1170175 2025-002
    Material Weakness Repeat
  • 1170176 2025-003
    Material Weakness Repeat
  • 1170178 2025-005
    Material Weakness Repeat
  • 1170179 2025-006
    Material Weakness Repeat
  • 1170180 2025-007
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $761,873
14.239 HOME INVESTMENT PARTNERSHIPS PROGRAM $500,000
14.191 MULTIFAMILY HOUSING SERVICE COORDINATORS $65,258