Finding 43943 (2022-002)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-09-28

AI Summary

  • Core Issue: The PHA failed to submit the 2022 unaudited financial information on time, violating federal reporting standards.
  • Impacted Requirements: Compliance with 24 CFR section 5.801, which mandates timely electronic submission of GAAP-based financial data to HUD.
  • Recommended Follow-Up: Management should establish procedures to ensure future compliance with federal reporting requirements, as outlined in their corrective action plan.

Finding Text

In accordance with 24 CFR section 5.801 ? Uniform Reporting Standards, PHAs are required to submit timely GAAP-based unaudited financial information electronically to HUD. The above requirements were not met for the 2022 audit. During the audit, we noted the 2022 unaudited FDS was filed after the due date PHA was unable to complete the 2022 unaudited FDS timely. The Authority was in violation of the Federal Regulations relating to report submissions. We recommend that Management implement procedures to ensure compliance with the above regulations as it relates to all federal awards. Management agrees with the finding and have outlined a plan of action in the corrective action plan section of this report.

Corrective Action Plan

The Housing Authority has a process of having mail opened by the front desk clerk. After opening mail, the receipts or invoices are matched with the statements. The statements are reviewed by the Administrative Assistant. The Deputy Director or Director enters the payment once the documentation has been reviewed again. The Deputy Director or Director creates the check and attach the documentation to the check. The check is then signed according to the resolution for signing checks as submitted to the bank. All Housing Assistance Payments to landlords or tenants for utility reimbursement payments only require one signature. The checks are prepared by the Administrative Assistant and signed by the Deputy Director, Director, Chairman or other authorized signer. This was put in place on the 20th of October 2022.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

  • 43944 2022-003
    Material Weakness Repeat
  • 43945 2022-004
    Material Weakness Repeat
  • 43946 2022-005
    Material Weakness Repeat
  • 43947 2022-006
    Significant Deficiency
  • 620385 2022-002
    Significant Deficiency Repeat
  • 620386 2022-003
    Material Weakness Repeat
  • 620387 2022-004
    Material Weakness Repeat
  • 620388 2022-005
    Material Weakness Repeat
  • 620389 2022-006
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $670,712
14.850 Public and Indian Housing $255,983
14.872 Public Housing Capital Fund $31,528