FAC Explorer

Finding 498135 (2024-002)

-
Requirement
C
Questioned Costs
-
Year
2024
Accepted
2024-09-25
Audit: 320838
Organization: People's Health and Supportive Services (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: The project failed to send excess residual receipts to HUD.
  • Trend: This issue indicates a pattern of non-compliance with financial reporting requirements.
  • List: Follow up by ensuring timely remittance of funds and reviewing compliance procedures.

Finding Text

THE PROJECT DID NOT REMIT EXCESS RESIDUAL RECEIPTS TO HUD.

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. THE EXCESS FUNDS WERE ACCRUED TO SUBMIT TO HUD.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $1.64M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $200,000