Finding Text
2023-004 Cash Management Material Weakness This is a repeat finding. The prior-year’s auditing finding number is 2022-004. Condition: Federal awards require that costs be charged and submitted for reimbursement to the federal grant. The Housing Authority was unable to provide any supporting documentation/payment vouchers for grant draws during the year ended March 31, 2023. Criteria: Federal awards require that costs be charged and submitted for reimbursement to the federal grant. Cause: Housing Authority personnel were unable to find documentation relating to grant draws for the fiscal year. Documentation to support grant draws may not have been prepared and used when drawing down funds in FY23. Effect: The Housing Authority could be reimbursed for excess expenditures. Recommendation: Auditors recommend filing documentation for grant draws along with payment vouchers throughout the year. Views of Responsible Officials: See Corrective Action Plan.