Finding Text
2023-003 Late Federal Audit Clearinghouse and HUD REAC Submissions
Federal Award:
U.S. Department of Housing and Urban Development (HUD) – Housing Choice Voucher Cluster (ALN
14.871/14.879)
Finding:
The Authority did not file its annual 2022 or 2023 Single Audit and Data Collection forms, or its Financial Data
Schedule timely and prior to the deadlines.
Repeat Finding:
No.
Criteria:
The Single Audit Reporting Package and Data Collection Form shall be submitted to the Federal Audit
Clearinghouse (FAC) 30 days after receipt of the auditor’s report, or 9 months after the end of the fiscal year,
whichever comes first. In addition, Public Housing Authorities are required to submit audited data to HUD’s
REAC system no later than nine months after the end of their fiscal year.
Sample Size and Population:
Sampling was not applicable to this finding.
Condition and context:
During the audit we noted that the 2022 Single Audit Reporting Package and Data Collection Form was submitted
to the FAC on November 8, 2023, and the 2023 Single Audit Reporting Package and Data Collection Form are
expected to be submitted to the FAC during December 2024. Additionally, the 2022 HUD-REAC audited
financial data schedules were not submitted until October 2023, and the 2023 HUD-REAC audited financial data
schedules are expected to be submitted in December 2024.
Cause:
The Authority was still working on the year-end accounting and preparing complete draft financial statements
more than eight months after both their fiscal years ended December 31, 2023 and 2022, which delayed the audit
and resulted in late submissions of both the Single Audit and Data Collection Forms and the audited financial data
schedules in both years.
Effect:
Noncompliance with HUD and the Uniform Guidance could reduce access to future funding from Federal
sources.
Recommendation:
We recommend in the future that the Authority implement procedures and ensure staffing is adequate such that
they can complete their accounting period close and draft financial statements within 4-5 months of their yearend.
This will allow sufficient time for the audit to be completed and for all audit reports to be submitted timely.
Questioned Costs: None
Management Response:
Management agrees with the finding and has prepared a response which is reported in the “Corrective Action
Plan” at the end of this report.
Contact Person: Nancy Nash Mendez, Executive Director