Finding 538265 (2024-004)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-03-27
Audit: 349247
Auditor: Aprio LLP

AI Summary

  • Core Issue: The Authority missed the deadline for submitting the Unaudited Financial Data Schedule to HUD, which is a repeat finding from last year.
  • Impacted Requirements: This noncompliance affects major programs under federal reporting guidelines, specifically for public housing and disaster grants.
  • Recommended Follow-Up: Ensure timely submission of the financial data schedule moving forward, with management taking responsibility for compliance by November 30, 2025.

Finding Text

Federal Reporting Deadline Not Met/ Unaudited Financial Data Schedule Not Submitted Timely (Material Weakness applicable to Major Programs, Material Noncompliance applicable to Major Programs, Other Matter applicable to Non-Major Programs) Public Housing Program – Assistance Listing No. 14.850a, Section 8 Housing Choice Voucher Program – Assistance Listing No. 14.871, Capital Fund Program – Assistance Listing No. 14.872, Disaster Grants – Public Assistance (Presidentially Declared) – Assistance Listing No. 97.036; Grant period – Fiscal Year Ended September 30, 2024 Repeat Finding – Fiscal Year 2023 Audit Finding #2023-005 Criteria HUD’s Real Estate Assessment Center (REAC) requires receipt of the Unaudited Financial Data Schedule within two months of a public housing agency’s fiscal year-end. Condition and Perspective The Authority did not submit its Unaudited Financial Data Schedule to REAC within two months of its fiscal year-end. The Authority submitted its Unaudited Financial Data on December 19, 2024, after the two-month submission deadline. Cause Delays with its fiscal year-end federal reporting process. Effect Noncompliance with REAC (federal) reporting requirements. Questioned Costs – N/A Recommendation We recommend that the Authority complete and submit its Unaudited Financial Data Schedule to REAC within two months of its fiscal year-end. Management’s Response The Authority will complete and submit its Unaudited Financial Data Schedule to REAC within two months of its fiscal year-end. Erial Branch, Executive Director, has assumed the responsibility of assuring completion and submission of the Authority’s Unaudited Financial Data Schedule to REAC within two months of its fiscal year-end, and expects this instance of noncompliance to be resolved by November 30, 2025.

Categories

HUD Housing Programs Material Weakness Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $1.65M
14.850 Public Housing Operating Fund $997,847
14.872 Public Housing Capital Fund $524,421
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $30,783