Answer: The project did not deposit surplus cash into the Residual Receipts account within the required 90 days after the fiscal year ended.
Trend: This delay in deposits could lead to compliance issues and potential penalties if not addressed promptly.
List: Follow up by ensuring timely deposits in the future and reviewing processes to avoid similar issues.
Finding Text
The regulatory agreement requires the project to deposit "surplus cash" into a Residual Reciepts account with 90 days after the end of the fiscal year.