FAC Explorer

Finding 583535 (2023-001)

-
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-01-02
Audit: 9130
Organization: Elton Voa Living Center, Inc. (elton Place Apartments) (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Monthly deposits to the replacement reserve are short by $2,415.
  • Trend: This deficiency indicates a potential ongoing issue with funding levels.
  • List: Follow up by reviewing deposit schedules and adjusting future contributions to meet requirements.

Finding Text

Required monthly deposits to the replacement reserve are deficient in the amount of $2,415.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $892,957