FAC Explorer

Finding 503967 (2024-001)

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Requirement
C
Questioned Costs
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Year
2024
Accepted
2024-10-28
Audit: 326248
Organization: Prince George's County Voa Living Center I, Inc. (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Surplus cash was not deposited on time.
  • Trend: This issue may indicate a pattern of delayed cash management.
  • List: Ensure timely deposits, review cash handling procedures, and monitor compliance regularly.

Finding Text

Surplus cash was not deposited into the Residual Receipts account within 90 days.

Corrective Action Plan

Management Agrees with the findings. The residual receipts account deficiency was funded on November 30, 2023 in the amount of $16,997. Management will ensure that the residual receipts account is properly funded in the future.

Categories

Cash Management HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $1.25M