Finding 503850 (2024-002)

Material Weakness
Requirement
B
Questioned Costs
-
Year
2024
Accepted
2024-10-28

AI Summary

  • Answer: Management acknowledges the audit finding.
  • Trend: This agreement indicates a positive trend towards accountability.
  • List: Follow up to ensure corrective actions are implemented effectively.

Finding Text

View of the Responsible Officials of the Auditee: The auditee's management agrees with the finding.

Corrective Action Plan

The following response to and the corrective action to be taken in regards to the finding as reported in the accompanying Schedule of Findings and Questioned Costs for the fiscal year ended June 30, 2024. Going forward we will insure to obtain two signatures on every check by qualified signers. If it is not possible to obtain the two required signature, we will review the check register with the Board at our Board meeting on items that were not reviewed by signers.

Categories

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Other Findings in this Audit

  • 503851 2024-002
    Material Weakness
  • 1080292 2024-002
    Material Weakness
  • 1080293 2024-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.415 Rural Rental Housing Loans $1.66M
10.427 Rural Rental Housing Assistance $640,127