Finding 499790 (2023-001)

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Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-30
Audit: 322645
Organization: Burnet Housing Authority (TX)

AI Summary

  • Core Issue: Discrepancies between HAP expenses reported on the VMS and FDS, with a difference of $209,828 for HCV and $9,610 for EHV.
  • Impacted Requirements: HAP expenses must match between VMS and FDS to ensure accurate reporting and compliance.
  • Recommended Follow-Up: The PHA should implement regular reconciliations between VMS and FDS to prevent future discrepancies.

Finding Text

2023-001 - Reporting - Housing Choice Voucher Program - ALN #14.871. Criteria or Specific Requirement: HAP expense on the FDS should agree with the amount on the VMS. Condition: HCV HAP expense reported on the VMS was $1,993,401 while the amount reported on the FDS was $2,203,229. EHV HAP expense report on the VMS was $109,031 while the amount reported on the FDS was $99,421. Cause: VMS and FDS are not being reconciled. Effect: Incorrect reporting on the VMS can have a negative impact on future funding. Questioned Costs: None. Repeat Finding: Not a repeat finding. Reccomendation: The PHA should reconcile the amounts reported on the VMS with those reported on the FDS. Response: The PHA will adjust the current year amounts on the VMS and keep future reports reconciled with the FDS.

Corrective Action Plan

Corrective Action Plan - VMS not reconciled with FDS. Contact person - Executive Director. Corrective action planned - The current year VMS will be adjusted as needed and future VMS reports will be reonciled with the FDS. Anticipated completion date - Within the next fiscal year.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $2.58M
10.415 Rural Rental Housing Loans $2.44M
14.872 Public Housing Capital Fund $154,254
14.850 Public Housing Operating Fund $133,396
14.871 Emergency Housing Vouchers $133,254
10.427 Rural Rental Assistance Payments $90,798