Finding Text
2025-001 - Reporting - Housing Choice Voucher Program - ALN #14.871. Criteria or Specific Requirement: VMS amounts should agree with the FDS. Condition: - Amounts on the VMS don't agree with the amounts on the FDS. The FDS is showing the PHA has overspent its HCV HAP payments and has a receivable from HUD in the amount of $204,524. Cause: VMS and FDS are not being reconciled. Effect: Incorrect reporting on the VMS can have a negative impact on future funding. The PHA appears to have over spent its HUD HAP funding by $204,524. Questioned Costs: None. Repeat Finding: Not a repeat finding. Recommendation: The PHA should reconcile the amounts reported on the VMS with those reported on the FDS and work with HUD to reduce the receivable from HUD. Response: The PHA will adjust the current year amounts on the VMS and keep future reports reconciled with the FDS. The PHA will work with HUD to reduce the receivable from HUD.