Finding 1190815 (2025-005)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2026-03-27

Audit: 395084

Organization: Municipality of Salinas (PR)

Auditor: BETANCOURT & CO PSC

AI Summary

Answer: The Program lacks proper accounting records for financial transactions.
Trend: Incomplete documentation of assets, liabilities, revenues, and expenditures is a recurring issue.
List: Ensure all financial transactions are accurately recorded and summarized in formal accounting records.

Finding Text

During my reporting test, we noted that the Program did not maintain adequate and complete accounting records and did not summarize the information of all the financial transactions related to assets, liabilities, revenues, and expenditures of the Program in formal accounting records.

Corrective Action Plan

The Municipality is in the process of changing to a new accounting system that allows Section 8 Program transactions to be recorded and thus maintain a complete and reliable accounting record.

Other Findings in this Audit

1190814 2025-005

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
97.036	DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS)	$11.87M
14.228	COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII	$4.16M
97.030	COMMUNITY DISASTER LOANS	$1.21M
20.027	CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS	$1.18M
93.575	CHILD CARE AND DEVELOPMENT BLOCK GRANT	$543,853
20.505	METROPOLITAN TRANSPORTATION PLANNING AND STATE AND NON-METROPOLITAN PLANNING AND RESEARCH	$219,752
14.871	SECTION 8 HOUSING CHOICE VOUCHERS	$57,003
21.027	CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS	$56,660
81.128	ENERGY EFFICIENCY AND CONSERVATION BLOCK GRANT PROGRAM (EECBG)	$25,000