Finding Text
Finding 2022-005 Improper tracking of federal grants Federal Program: Grant Number 6155 - Emergency Solutions Grant - Coronavirus Relief, Oregon Housing and Community Services, CFDA Number 14.231, Awarded in 2020 Condition: Grant revenues and expenses were not tracked consistently. Prevalence: Entity-wide Criteria: Revenues and expenses related to federal grants should be recorded consistently with grant expenses not exceeding expected grant revenues. In addition, restricted amounts should be tracked properly. Questioned costs: None Effect: Potential failure to follow grant rules and restrictions along with potential for inaccurate SEFA and other reporting documents. Recommendations: We recommend that grant revenue and expenses be recorded correctly and consistently, along with verifying that all other grant recording requirements are met. Management's response: Management concurs with the finding.