Finding 1170182 (2024-003)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2026-01-21
Audit: 383149
Organization: Flint Housing Commission (MI)

AI Summary

  • Issue: Missing documentation for annual picnic cash disbursements.
  • Trend: Lack of controls may lead to compliance risks in cash handling.
  • Follow-up: Implement stronger controls over cash disbursements as outlined in the corrective action plan.

Finding Text

It was noted in our review of cash disbursements that all required documentation for the annual picnic was missing. We recommend adequate controls over cash disbursements to ensure complicance with the program. See corrective action plan for managements full response.

Corrective Action Plan

Management response: The Commission requested receipts from the individual responsible for organizing the annual picnic; however, not all receipts were received or were insufficient to account for the full disbursed amount. Action Plan: Internal procedures will be revised to require the submission of complete, itemized receipts with seven business days of any event-related disbursement. Reimbursements and future event approvals may be withheld if the documentation does not comply with the policy.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1170181 2024-001
    Material Weakness Repeat
  • 1170183 2024-004
    Material Weakness Repeat
  • 1170184 2024-002
    Material Weakness Repeat
  • 1170185 2024-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $4.94M
14.850 PUBLIC HOUSING OPERATING FUND $4.09M
14.872 PUBLIC HOUSING CAPITAL FUND $2.62M
14.879 MAINSTREAM VOUCHERS $62,344
14.870 RESIDENT OPPORTUNITY AND SUPPORTIVE SERVICES - SERVICE COORDINATORS $50,933