Finding Text
S3800-010 Finding Reference Number 2025-001 S3800-011 Title and Assistance Listing Number of Federal Program U.S. Department of Housing and Urban Home Investment Partnership Program, 14.239 S3800-015 Type of Finding Federal Award Finding S3800-016 Finding Resolution Status In Process S3800-017 Information on Universe Population Size N/A S3800-018 Sample Size Information N/A S3800-019 Identification of Repeat Finding and Reference Number No S3800-020 Criteria The organization must comply with HUD guidelines regarding residual receipts withdrawals. S3800-030 Statement of Condition Funds were withdrawn from residual receipts that were authorized by HUD to be withdrawn from the replacement reserve. S3800-032 Cause Clerical error S3800-033 Effect or Potential Effect The project was not in compliance with HUD guidelines for residual receipts withdrawals. S3800-035 Auditor Non-Compliance Code S3800-040 Questioned Costs $29,370 S3800-045 Reporting Views of Responsible Officials The Organization must comply with HUD guidelines regarding residual receipts withdrawals. S3800-037 FHA/Contract Number 12735486 S3800-038 Questioned Costs $29,370 S3800-080 Recommendation Management should have procedures in place to ensure HUD approved withdrawals are taken from the approved account. S3800-090 Auditor’s Summary of the Auditee’s Comments on the Findings and Recommendations Funds will be withdrawn from replacement reserve and deposited to the residual receipts account. S3800-130 Response Indicator Agree S3800-140 Completion Date 03/31/2026 S3800-150 Response Management agrees with the finding, and funds will be moved from the replacement reserve to the residual receipts account S3800-160 Contact Person First Name Thomas S3800-170 Contact Person Middle Initial E. S3800-180 Contact Person Last Name Anderson