FAC Explorer

Finding 562203 (2024-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-06-02
Audit: 357804
Organization: Mississippi County Public Facilities Board (AR)
Auditor: Barrale Renshaw CPAS and Advisors LLC

AI Summary

  • Core Issue: Missing Board Minutes and Resolutions from October 2020 to September 2024 raise concerns about governance integrity.
  • Impacted Requirements: Compliance with documentation retention policies for Board meetings is not being met.
  • Recommended Follow-up: Ensure all Board Minutes and Resolutions are properly documented and securely retained to maintain transparency and accountability.

Finding Text

2024-001 Board Minutes and Resolutions Criteria: Minutes and resolutions of meetings of the Board should be retained and kept in a secure area at the Housing Authority. Condition: During examination it was noted that Board Minutes and Resolutions were not available for from before October 2020 through September 2024. Questioned Costs: Undetermined due to missing documentation. Effect: The integrity of the governess is in question. It is unclear what the Board Minutes and Resolutions contained and whether anything has been acted upon, which could bring financial statements into question. Cause: Unknown. Recommendation: We recommend that the Housing Authority ensure that all Board Minutes and Resolutions are documented and retained in order to ensure their completeness.

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

No categories assigned yet.

Other Findings in this Audit

  • 562204 2024-002
    Significant Deficiency
  • 562205 2024-003
    Material Weakness
  • 562206 2024-004
    Material Weakness
  • 1138645 2024-001
    Significant Deficiency
  • 1138646 2024-002
    Significant Deficiency
  • 1138647 2024-003
    Material Weakness
  • 1138648 2024-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $1.92M