Finding 42172 (2022-008)

-
Requirement
B
Questioned Costs
$1
Year
2022
Accepted
2023-03-14
Audit: 39062
Organization: Statewide Bay Landing, Inc. (RI)
Auditor: D'ambra CPA

AI Summary

  • Issue: The prior management agent overpaid the management fee by $1,385.
  • Impact: This overpayment affects compliance with the management agreement under Section 202.
  • Follow-up: The current management agent should seek reimbursement from the prior agent for the overpaid amount.

Finding Text

Federal program - Section 202: Criteria: The management agreement specifies the calculation of management fees due the agent; Condition: the prior management agent overpaid the management fee totaling $1,385; Cause: unknown; Effect: the management fee was overpaid $1,385; Recommendation: the current management agent should request that the prior management agent reimburse the property for the overpayment. Response: The current management agent will request that the prior management agent reimburse the property for the overpaid management fee.

Corrective Action Plan

The current management agent will request that the prior management agent reimburse the property for the overpaid management fee.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $1.30M