Finding Text
Finding number2022-001
CFDA Number:14.157 - Section 202 Cap Adv
Grantor: HUD
Questioned Costs: $0
Description of Condition:
Cause of the Condition:
Effect of the Condition:
Recommendations:
When the financial statement are reviewed the surplus cash computation be
printed and submitted for disbursement if it shows an amount due.
The required residual receipts deposit from 2021 was not made.
The surplus cash was not noted during the review of the financial statements.
The funds remained in the operating checking account and could have been used
for other purposes.