Finding 1214252 (2022-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2026-05-08

AI Summary

  • Core Issue: The financial management system failed to accurately report federal funds, specifically underreporting $16,244,258 for the Community Development Block Grants.
  • Impacted Requirements: Non-compliance with 2 CFR 200.302 and 2 CFR 200.510 regarding the preparation and accuracy of the Schedule of Expenditures of Federal Awards (SEFA).
  • Recommended Follow-up: Strengthen internal controls and procedures to ensure timely and accurate preparation of the SEFA, as management is already revising these processes.

Finding Text

Name of Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Community Development Block Grants Assistance Listing Number: CFDA 14.228 Federal Award Identification Number and Year: Identification number unavailable. Program year 2021. Name of Pass-through Entity: City of Houston, Texas Criteria: In accordance with 2 CFR 200.302 (Financial Management), a grant recipient's financial management system must be sufficient to permit the preparation of reports required by general and program-specific terms and conditions; the tracing of funds to a level of expenditures adequate to establish that such funds have been used according to the federal statutes, regulations, and the terms and conditions of the federal award. In addition, 2 CFR 200.510 (Financial Statements), states in part that the auditee must prepare a schedule of expenditures of Federal awards ("SEFA") for the period covered by the auditee's financial statements which must include the total Federal awards expended as determined in accordance with 2CFR 200.502. At a minimum, the Schedule must include: - All individual Federal programs by Federal agency. - For Federal awards received as a subrecipient, the name of the pass-through entity and identifying number assigned by the pass-through entity must be included. - Provide total Federal awards expended for each individual Federal program and the Assistance Listing Number or other identifying number when the Assistance Listing Number is not available. - Include the total amount provided to subrecipients from each Federal program. Condition/Context: The Organization management's review and approval process did not detect the error in a timely manner. The error consisted of the understatement of Federal Assistance Listing Number 14.228 in the amount of $16,244,258. Cause: The Organization's internal controls over the preparation and review of the SEFA were not operating effectively. Effect or Potential Effect: The Schedule as presented in the original issuance of the financial statements was not properly presented in accordance with the Uniform Guidance. Questioned Costs: None Identification as a Repeat Finding: This is not a repeat finding Recommendation: We recommend the Organization strengthen its policies, procedures, and controls for the identification of federal awards to ensure a complete and accurate SEFA is prepared in a timely manner. View of Responsible Officials: Management agrees with the finding and is in the process of revising internal controls to address SEFA preparation.

Corrective Action Plan

Management agrees with the finding and is in the process of revising internal controls to address SEFA preparation.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 1214250 2022-001
    Material Weakness Repeat
  • 1214251 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.228 COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII $16.24M
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $358,047