Finding 168 (2023-005)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2023-10-12

AI Summary

  • Core Issue: The Agency failed to update its utility allowance schedule since April 1, 2021, violating federal requirements.
  • Impacted Requirements: Noncompliance with 24 CFR §982.405, which mandates annual reviews and adjustments for utility rates.
  • Recommended Follow-Up: Implement a system to review and document utility allowances annually, ensuring compliance with federal regulations.

Finding Text

Finding 2023-005: Utility Allowances Housing Choice Voucher, 14.871 Material Weakness/Noncompliance – Special Tests and Provisions Criteria: The Agency must maintain an up-to-date utility allowance schedule. The Agency must review utility rate data for each utility category each year and must adjust its utility allowance schedule if there has been a rate change of 10 percent or more for a utility category or fuel type since the last time the utility allowance schedule was revised (24 CFR section 982.517). Condition: The Agency had not updated utility rates since the April 1, 2021 effective date schedules. Cause: The Agency did not perform the utility allowance analysis for the April 1, 2022 utility rates and used the same rates as in the previous year. Effect or Potential Effect: The Agency did not comply with the requirements of 24 CFR §982.405. Recommendation: The Agency should review the requirements of 24 CFR §982.405 and establish a system of where the utility allowance is reviewed and documented during each fiscal year. View of the Responsible Officials of the Auditee: The auditee's management agrees with the finding.

Corrective Action Plan

Finding 2023-005 Deposit Collateralization Material Weakness/Non-Compliance – Special Tests and Provisions Utility Allowance Analysis was not included in my training for this position, I was underway of the need for an analysis until after the deadline has passed. I’ve reached out to our software company, however they were unwilling to complete this take due to the size of our HCV Program. I will be reaching out to companies requesting a proposal, if acceptable this will be completed.

Categories

Special Tests & Provisions HUD Housing Programs Material Weakness

Other Findings in this Audit

  • 165 2023-002
    Material Weakness Repeat
  • 166 2023-003
    Material Weakness Repeat
  • 167 2023-004
    Material Weakness Repeat
  • 576607 2023-002
    Material Weakness Repeat
  • 576608 2023-003
    Material Weakness Repeat
  • 576609 2023-004
    Material Weakness Repeat
  • 576610 2023-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $987,147