Finding 387720 (2023-001)

Significant Deficiency
Requirement
B
Questioned Costs
$1
Year
2023
Accepted
2024-03-28
Audit: 299775
Organization: Housing Authority of Seymour (TX)

AI Summary

  • Core Issue: Unauthorized ACH payments were made due to lack of monthly reviews.
  • Impacted Requirements: The PHA must maintain adequate controls over disbursements.
  • Recommended Follow-Up: Implement a review process for ACH payments and ensure all are documented and approved.

Finding Text

2003-001 - Significant Deficiency in Internal Control - Public and Indian Housing Program - ALN#14.850. Criteria or Specific Requirement: The PHA is required to maintain adequate controls over disbursements. Condition: During the year, the PHA discovered an employee had been making unauthorized ACH payments. Cause: ACH charges were not being reviewed on a monthly basis. Effect: Unauthorized ACH payments were made during the year. Questioned Costs: $ 7,209. Repeat Finding: Not a repeat finding. Recommendation: All ACH payments should be subject to the PHA's internal control documentation and approval process. The PHA should review its monthly bank statements and document that all ACH payments are adequately supported and approved. Response: The employee involved has been terminated and charges have been filed. The PHA will ensure that all ACH payments are adequately documented and approved.

Corrective Action Plan

Corrective Action Plan - Unauthorized ACH Payments. Contact Person - Executive Director. Corrective Action Planned - The PHA will ensure that all ACH payments are adequately documented and approved. Anticipated Completion Date - Within the next fiscal year.

Categories

Questioned Costs HUD Housing Programs Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 387721 2023-002
    Significant Deficiency
  • 964162 2023-001
    Significant Deficiency
  • 964163 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $488,324
14.872 Public Housing Capital Fund $178,257
10.415 Rural Rental Housing Loans $60,245
10.427 Rural Rental Assistance Payments $28,914