FAC Explorer

Finding 1170183 (2024-004)

Material Weakness Repeat Finding
Requirement
C
Questioned Costs
-
Year
2024
Accepted
2026-01-21
Audit: 383149
Organization: Flint Housing Commission (MI)
Auditor: ZENK & ASSOCIATES PC

AI Summary

  • Issue: Missing documentation and receipts for cash disbursements from the Tenant Services Bank Account.
  • Impacted Requirements: Compliance with documentation standards for cash disbursements.
  • Recommended Follow-Up: Implement stronger controls to ensure all required documentation is collected and maintained.

Finding Text

It was noted in our review of cash disbursements and withdrawls from Tenant Services Bank Account that certain required documentation and receipts were missing. We recommend adequate controls over cash disbursements to ensure complicance with the program. See corrective action plan for managements f

Corrective Action Plan

Management Response: The Commission recognizes that adequate internal controls and documentation for certain withdrawls were not retained. Action Plan: All Tenant Service Bank accounts will be held by FHC main office. Any event requests will be made to the FHC representative for approval before funds are released. Submission of itemized receipts within 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

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Other Findings in this Audit

  • 1170181 2024-001
    Material Weakness Repeat
  • 1170182 2024-003
    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