Finding 1206525 (2025-001)

Material Weakness Repeat Finding
Requirement
C
Questioned Costs
-
Year
2025
Accepted
2026-04-13

AI Summary

  • Answer: Surplus cash was not deposited as required.
  • Trend: This issue may indicate a pattern of non-compliance with cash handling procedures.
  • List: Follow up by ensuring proper deposit protocols are established and monitored.

Finding Text

Surplus cash was not deposited into residual receipts account.

Corrective Action Plan

Management agrees with the finding. The residual receipts account deficiency was funded on January 15, 2026 in the amount of $34,482. Management will ensure that the residual receipts account is properly funded in the future.

Categories

Cash Management HUD Housing Programs

Programs in Audit

ALN Program Name Expenditures
14.181 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES $1.68M