FAC Explorer

Finding 587594 (2023-001)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-01-31
Audit: 14931
Organization: Louisville Voa Elderly Housing, Inc. (south Oaks Senior Housing) (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Monthly deposits to the replacement reserve are short by $1,310.
  • Trend: This deficiency indicates a consistent issue with funding the reserve.
  • 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 $1,310.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 11152 2023-001
    - Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $3.52M