FAC Explorer

Finding 1215870 (2025-008)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-05-28
Audit: 402437
Organization: Springfield Metropolitan Housing Authority (OH)
Auditor: KEVIN L PENN INC

AI Summary

  • Answer: Management will conduct monthly reconciliations.
  • Trend: A standard operating procedure will be developed for consistency.
  • List: Follow up on the implementation of the reconciliation process and the creation of the standard operation document.

Finding Text

Management will perform reconciliation monthly. A standard of operation will be written for this process.

Corrective Action Plan

Interfund Transfers

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1215866 2025-004
    Material Weakness Repeat
  • 1215867 2025-005
    Material Weakness Repeat
  • 1215868 2025-006
    Material Weakness Repeat
  • 1215869 2025-007
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $5.58M
14.850 PUBLIC HOUSING OPERATING FUND $3.51M
14.872 PUBLIC HOUSING CAPITAL FUND $2.14M
14.879 MAINSTREAM VOUCHERS $210,620
14.238 SHELTER PLUS CARE $106,844
14.896 FAMILY SELF-SUFFICIENCY PROGRAM $54,172