Finding 1226200 (2024-001)

Program Name - ALN# 14.850 - Public Housing Program Finding Type - Noncompliance; Cash Receipts not deposited in a timely manner. Criteria - It was noted in our review of Public Housing Program cash receipts testing that receipts were not deposited into the bank account in a timely manner. Condition - The Commission did not ensure that all receipts received were deposited in a timely manner. Questioned Costs – Unknown Cause/Effect - The Commission did not ensure that all cash receipts for Public Housing Program were deposited when received in a timely manner. As a result, there was a breakdown of internal controls over the compliance of cash receipts. Recommendations - We recommend adequate controls over the cash receipts policy of Public Housing Program cash receipts to ensure compliance with the program. Auditee Response - The Commission will review their internal control policies for compliance with Public Housing Program cash receipts and ensure that they are deposited in timely manner. Management's Response - The Commission will review their internal control policies for compliance with Public Housing Program cash receipts and deposit them in timely manner. Action Plan - The Commission's management will review the program and ensure that the cash receipts are deposited in a timely manner in the Public Housing Program.