FAC Explorer

Finding 52253 (2022-001)

-
Requirement
A
Questioned Costs
$1
Year
2022
Accepted
2023-03-28
Audit: 49178
Organization: T. E. Brown Apartments (IL)
Auditor: Grieco & Adelman LLC

AI Summary

  • Answer: Tenant income was calculated using an outdated pension statement.
  • Trend: This issue may lead to consistent overcharging of tenants if not addressed.
  • List: Ensure current pension statements are used for income calculations moving forward.

Finding Text

Criteria: Incorrect pension amount was used to calculate tenant income. Condition: Current pension statement was not available at the time the tenant income was calculated. Cause: The tenant benefit statement provided to calculate tenant income was not a current statement. Effect: Tenant rent was improperly calculated to be $4 per month higher than it should have been.

Corrective Action Plan

Finding No. 2022-1: Incorrect pension amount was used to calculate tenant income. Action Taken: Interim Form 50059 was calculated using corrected amounts. Notice was delivered to the tenant of the change in rent.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.195 Section 8 Housing Assistance Payments Program $1.94M