Finding 1229769 (2026-001)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2026

Accepted

2026-09-15

Audit: 411028

Organization: Housing Authority of Caldwell Parish (LA)

Auditor: DAVID M HARTT CPA (APAC)

AI Summary

Answer: Management plans to work with the bank to secure adequate collateral for deposits.
Trend: This indicates a proactive approach to risk management regarding deposit security.
List: Follow up on the implementation of collateral agreements and monitor compliance regularly.

Management's Response: We will coordinate with the bank to ensure that there is sufficient collateral on all deposits in the future.

Management will coordinate with the bank to ensure that there is sufficient collateral on all deposits in the future.

ALN	Program Name	Expenditures
14.871	SECTION 8 HOUSING CHOICE VOUCHERS	$720,134
14.850	PUBLIC HOUSING OPERATING FUND	$473,098
14.872	Public Housing Capital Fund	$383,666
14.879	MAINSTREAM VOUCHERS	$215,738