FAC Explorer

Finding 42648 (2022-004)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-26
Audit: 50848
Organization: Isothermal Planning and Development Commission (NC)
Auditor: Anderson Smith & Wike PLLC

AI Summary

  • Core Issue: FRC failed to submit required audited financial information for the Housing Choice Voucher Program to HUD on time.
  • Impacted Requirements: Compliance with 24 CFR 5.801 mandates annual electronic submission of financial data within nine months of the fiscal year end.
  • Recommended Follow-Up: Management should promptly complete the electronic filing of the overdue audited financial data to HUD.

Finding Text

Finding: 22-04 SIGNIFICANT DEFICIENCY NON-COMPLIANCE - Reporting Section 8 Housing Voucher Choice Program AL #14.871 Criteria: Entities that administer the Housing Choice Voucher Program must submit audited financial information annually to the Department of Housing and Urban Development (HUD) in accordance with 24 CFR 5.801 ? uniform financial reporting standards. Audited financial information must be submitted to HUD electronically through HUD?s Real Estate Assessment Center (REAC) website, and the submission of this information to HUD must take place within nine months of the entity?s fiscal year end. Condition: Audited financial information for the period ending June 30, 2021 was not submitted to HUD through the REAC website within the required time-frame. Effect: FRC is in violation of HUD financial reporting requirements. Cause: Oversight. Questioned Cost: None. Recommendation: We recommend that management complete the electronic filing of audited financial data to HUD immediately. Management Response: Management agrees with this finding and recommendation.

Corrective Action Plan

Finding: 22-04 Name of Contact Person: Charlotte Sullivan, Finance Director Corrective Action Plan: FRC has contracted with an independent CPA to complete the electronic filing of the 2021 and 2022 audited financial information to HUD. Proposed Completion Date: Immediately.

Categories

HUD Housing Programs Reporting Significant Deficiency

Other Findings in this Audit

  • 619090 2022-004
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Voucher Choice Program $6.20M
17.258 Wioa 4020 Adult - Py 2020, 2021 $596,268
17.259 Wioa 4040 Youth - Py 2020, 2021 $470,811
93.044 Title III-B Access, In-Home Services, Legal Services $425,019
17.235 Senior Community Service Employment Program $354,502
17.278 Wioa 4030 Dislocated Workers - Py 2020, 2021 $230,141
93.045 Title III-C2 Home Delivered Meals $172,433
93.053 Nutrition Service Incentive Program $160,524
17.258 Wioa 4010 Admin - Py 2020, 2021 $153,142
93.052 Family Caregiver $142,752
93.667 Social Services Block Grant $126,956
93.045 Nutrition Service Incentive Program $125,933
20.205 Rural Transportation Planning Program $101,918
14.231 Bk at Home Rapid Re-Housing $95,773
23.009 Arc Administrative Grant $80,550
93.044 Title III-B Ombudsman $73,692
93.045 Title III-C1 Planning and Administration $72,063
93.045 Title III-C1 Congregate Meals $68,733
93.044 Cares Act - Access $41,998
10.302 Economic Development Adminstration Planning Grant $41,891
93.044 Title III-B Planning and Administration $41,614
14.896 Family Self-Sufficiency Program $35,744
93.052 Title III-E Planning and Administration $27,099
93.045 Cares Act - Planning and Administration $26,577
17.278 Wioa 4050 Business Services - Py 2020, 2021 $25,774
93.043 Title III Preventative Health $20,644
93.044 Title III-B Legal Services $20,460
17.278 Wioa 4050 Infrastructure - Py 2020, 2021 $16,964
93.042 Arpa Planning and Administration $15,430
14.000 Emergency Housing Vouchers - Hap $14,847
17.278 Wioa 4050 Finish Line $14,660
93.045 Cares Act - Nutrition Services $12,999
93.052 Cares Act - Family Caregiver $11,763
14.231 Emergency Solutions Grant $11,213
93.044 Expanding Access to Covid Vaccine $10,859
14.000 Emergency Housing Vouchers - Services $5,137
14.000 Emergency Housing Vouchers - Administrative $4,468
23.002 Arc - Local Government Technical Assistance $4,316
93.041 Title Vii-B Elder Abuse $3,952
93.045 Families First - Home Delivered $3,085
93.044 Cares Act - Ombudsman $2,214
93.042 Arpa Ombudsman $2,202