FAC Explorer

Finding 562192 (2021-002)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2021
Accepted
2025-06-02
Audit: 357800
Organization: Mississippi County Public Facilities Board (AR)
Auditor: Barrale Renshaw CPAS and Advisors LLC

AI Summary

  • Core Issue: The Housing Authority missed the federal reporting deadline for unaudited FDS information.
  • Impacted Requirements: Compliance with Uniform Financial Reporting Standards and OMB Uniform Guidance was not met.
  • Recommended Follow-Up: Increase focus on meeting all federal reporting deadlines to avoid future non-compliance.

Finding Text

2021-002 Failure to comply with federal reporting deadlines Criteria: The Housing Authority must ensure that the federal reporting deadlines are met. Condition: Unaudited FDS information is due to PIH-REAC two months after the Housing Authority’s fiscal year end, which is consistent with the requirements of both the Uniform Financial Reporting Standards and OMB Uniform Guidance. Questioned Costs: None. Cause: The Housing Authority did not ensure that the unaudited FDS submission was provided in a timely manner. Effect: The Housing Authority did not comply with the unaudited FDS submission due date. Recommendation: We recommend that the Housing Authority place a greater emphasis on all federal reporting deadlines.

Corrective Action Plan

Views of Responsible Officials and Planned Corrective Actions: The Mississippi County Public Facilities Board has several findings in their past years audit. These findings were under the past administration that was let go on June 30th 2024. We were contacted by the board and took over on September 1st 2024 for a management contract. These findings will be corrected by the executive team that is managing the housing authority. We plan to have everything corrected and in place by July 1st 2026. This staff will follow all rules and regulations in the future and will bring everything up to date. Wixson Huffstetler, Executive Director 5/6/2025

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

  • 562191 2021-001
    Significant Deficiency
  • 562193 2021-003
    Material Weakness
  • 562194 2021-004
    Material Weakness
  • 1138633 2021-001
    Significant Deficiency
  • 1138634 2021-002
    Significant Deficiency
  • 1138635 2021-003
    Material Weakness
  • 1138636 2021-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $2.11M
14.871 Hcv Cares Act Funding $60,170