Finding 570988 (2024-001)

2024-001 – Data Collection Condition – During the audit for the year ended June 30, 2024, we scanned the Federal Audit Clearinghouse website, and noted that the reporting package for the year ended June 30, 2023 was not included in the database. Furthermore, we noted the FASS submissions to HUD are not filed in a timely manner. Recommendation – We recommended that management submit the SF-SAC reporting package for the year ended June 30, 2023 and all subsequent years in a timely manner. We also recommend submitting the FASS submissions to HUD for June 30, 2023 and all subsequent years in a timely manner. Current Status – The Corporation coordinated with the independent public accountant to have the various data collection forms submitted and procedures have been developed to submit the data collection form in a more timely manner.