FAC Explorer

Finding 50600 (2022-007)

Significant Deficiency Repeat Finding
Requirement
F
Questioned Costs
-
Year
2022
Accepted
2023-03-27
Audit: 48400
Organization: Municipality of Arroyo (PR)
Auditor: Lopez Vega CPA Psc

AI Summary

  • Core Issue: There is a significant deficiency in internal controls related to equipment and real property management under the Community Development Block Grants program.
  • Impacted Requirements: Compliance with federal regulations for managing equipment and real property is not being met, leading to instances of noncompliance.
  • Recommended Follow-up: Review and strengthen internal controls to ensure compliance with equipment and real property management requirements.

Finding Text

Finding Reference 2022-007 Federal Agency: U.S. Department of Housing and Urban Development Pass-through Agency: Puerto Rico Department of Housing Federal Program Title and Assistance Listing Number: Community Development Block Grants ? State?s Program (ALN 14.228); Compliance Requirement: Equipment and Real Property Management Type of Finding: Significant Deficiency in Internal Control (SD), Instance of Noncompliance (NC) Statement of Condition Section II ? Financial Statements Findings ? Finding Reference 2022-005.

Corrective Action Plan

The Municipality's Finance Department staff plans to continue in their effort to update the capital assets subsidiary ledger, principally the construction in progress and infrastructure assets. Implementation Date: July 1, 2023 Responsible Person: Mrs. Eugenia Devarie Pe?a, Finance and Budget Director

Categories

Equipment & Real Property Management Significant Deficiency

Other Findings in this Audit

  • 627042 2022-007
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.71M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.71M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $845,824
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $398,271
14.871 Section 8 Housing Choice Vouchers $326,947
93.575 Child Care and Development Block Grant $315,155
21.019 Coronavirus Relief Fund $251,657
10.558 Child and Adult Care Food Program $22,693
93.569 Community Services Block Grant $12,549