FAC Explorer

Finding 1223792 (2024-001)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2026-07-16
Audit: 407274
Organization: Comite Gericola Regional De Mayaguez, Incorporado-Ciudad Del Retiro (PR)
Auditor: RAO ASSOCIATES LLC

AI Summary

  • Answer: The tenants' security account is short by $11,669.
  • Trend: This underfunding may indicate ongoing issues with financial management or budgeting practices.
  • List: Follow up by reviewing funding sources, assessing budget allocations, and ensuring timely contributions to the security account.

Finding Text

The tenants security account is underfunded by $11,669

Corrective Action Plan

Management currently evaluating the alternative.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $966,250