Finding 43092 (2022-001)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-04-02

AI Summary

  • Core Issue: The Agency has repeatedly failed to submit financial documents on time to the REAC system.
  • Impacted Requirements: Timely submission of financial documents is mandated by HUD guidelines.
  • Recommended Follow-Up: The Agency should enhance procedures to ensure future submissions are completed on time.

Finding Text

2022-001 U.S. Department of Housing and Urban Development Section 8 Housing Choice Vouchers CFDA No. 14.871 ? (Repeat Finding) Condition and Criteria: The Agency is to enter their financial documents utilizing the Real Estate Assessment Center?s (REAC) Financial Assessment Submission (FASS/PHA). The Agency has not submitted the financial documents within the prescribed timeframe. Cause: Procedures are in place for timely submission, but due to technical issues, the financial documents have not been entered in REAC in a timely manner. Effect: There is a possibility that sanctions could be imposed if they continue to be delinquent in their financial submissions. Context: The Agency is aware of the reporting requirement and has contacted HUD to obtain assistance in completing the annual submissions. Reports for fiscal year 2012 - 2016 have been accepted by HUD and therefore, all delinquent submissions have been completed. Auditor?s Recommendation: The Agency should continue to ensure timely filing going forward. Views of Responsible Officials and Planned Corrective Actions: The Agency concurs and is implementing this recommendation.

Corrective Action Plan

CORRECTIVE ACTION PLAN RESPONSE: The delinquent submissions have been approved by HUD. The Agency will ensure timely filing going forward. Anticipated completion date: 3-31-2023 Responsible party: Vicky Pritchett, Finance Director Please contact Vicky Pritchett, Finance Director at 573-213-4811 extension #10102 with questions regarding this plan.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $10.77M
14.879 Mainstream Vouchers $742,266
14.896 Family Self-Sufficiency Program $106,124