FAC Explorer

Finding 383709 (2023-002)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-03-22
Audit: 296742
Organization: Housing Authority of the City of Lawton (OK)
Auditor: Mike Estes PC

AI Summary

  • Core Issue: The required Section III Summary Report was not prepared for the audit year.
  • Impacted Requirements: Compliance with federal regulations regarding annual reporting.
  • Recommended Follow-up: Ensure timely preparation of the report for third-party review moving forward.

Finding Text

Low Rent Program-CDFA#14.850 Finding 2023-002-Section III Summary Report Not on File-Reporting Criteria and Condition A Section III Summary Report is required to be prepared annually. Currently it is not required to be sent to HUD. However, it is supposed to be available for third party review. Context Management asserts that they did not prepare the report for the audit year. Effect Federal regulations were not complied with. Cause Oversight by management. Questioned Costs None Recommendation The reports should be timely prepared annually. They should be available for third party review. View of Responsible Official I am Rita Love, Executive Director and Designated Person to answer these audit findings. We will comply with the auditor’s recommendation.

Corrective Action Plan

Finding 2023-002-Section III Summary Report Not on File-Reporting Condition A Section III Summary Report is required to be prepared annually. Currently it is not required to be sent to HUD. However, it is supposed to be available for third party review. Corrective Action Planned: I am Rita Love, Executive Director and Designated Person to answer these audit findings. We will comply with the auditor’s recommendation. Person Responsible for Corrective Action: Rita Love, Executive Director Telephone: (580) 353-7392 Housing Authority of Lawton Fax: (580) 353-6111 609 SW F Avenue Lawton, OK 73501 Anticipated Completion Date- June 30, 2024

Categories

HUD Housing Programs Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 383708 2023-001
    Material Weakness Repeat
  • 960150 2023-001
    Material Weakness Repeat
  • 960151 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $1.30M
14.872 Public Housing Capital Fund $885,141
14.871 Section 8 Housing Choice Vouchers $734,747
14.218 Community Development Block Grants/entitlement Grants $505,378
14.239 Home Investment Partnerships Program $91,534