Finding Text
NHHI - ST. PAUL BARRIER FREE HOUSING CORPORATION HUD PROJECT NO. 092-11423 SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED) Year Ended September 30, 2022 C. Findings and Questioned Costs - Major Federal Award Programs Audit Questioned Costs DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2022-001: SECTION 223 (f), ASSISTANCE LISTING NUMBER 14.155 Condition: The Project's replacement reserve cash balance for September 30, 2022 was $1,455 less than it should be. Criteria: The Project withdrew $1,455 from the replacement reserve account for an invoice that was unpaid as of September 30, 2022. Effect: The replacement reserve cash balance is $1,455 less than it should be at September 30, 2022. Context: Activity in the replacement reserve account for the year ended September 30, 2022 was tested. No sample was tested. Questioned Costs $1,455 Cause: The Project made a mistake and withdrew funds for an invoice that was unpaid as of September 30, 2022. Recommendation: The Project should pay the open invoice. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. The Project will pay the open invoice immediately. Questioned Costs - Department of Housing and Urban Development $1,455 Non-compliance code - A