Finding Text
Federal Program
U.S. Department of Housing and Urban Development AL #14.871 & 14.879 – Significant Deficiency
Grant Award No.
MN164-Housing Choice Voucher & MN164-Mainstream Voucher
Federal Award Year
2023
Criteria
In accordance with Uniform Financial Reporting Standards (UFRS) (24 CFR section 5.801), the
Authority must submit its unaudited Financial Data Schedule (FDS) electronically to the HUD Real
Estate Assessment Center (REAC) within two months after its fiscal year end.
Condition
During our testing, it was noted that the Authority’s unaudited FDS was not submitted timely.
Questioned Costs
None
Context
N/A
Effect
The Authority is not in compliance with HUD reporting requirements.
Cause
Reconciliations were not performed in a timely manner to allow for all unaudited and auditing
procedures to be performed in a time to submit the report within the prescribed requirements.
Repeat Finding
Repeat finding of 2022-001.
Recommendation
We recommend that the Authority ensure records are reconciled and available within a timely manner
to ensure the Authority’s compliance with reporting requirements.
Views of Responsible Officials
The Authority recognizes the deficiency and plans to implement the auditor’s recommendation.