Finding Text
Finding Reference Number: 2022-001 Type of Finding: FA Finding Resolution Status: Unresolved Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: This is not a repeat finding. Criteria: Project funds may be used only for expenses that are reasonable and necessary to the operation of the project as provided for in the Regulatory Agreement between HUD and the project owner. Statement of Condition: The project paid expenses of another project in the amount of $6,286 Cause: The project paid expenses of another project. Effect or Potential Effect: The property has a receivable from Villa Santa Maria in the amount of $6,286. Auditor Non-Compliance Code: F Questioned Costs: $6,286. Reporting Views of Responsible Officials: Management agrees with the finding. The property has $6,286 due from Villa Santa Maria. Context: Management agrees with the finding. The property has $6,286 due from Villa Santa Maria. Recommendation: Villa Santa Maria should reimburse the project for the overpaid expenses. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The property has requested reimbursement from Villa Santa Maria. Response Indicator: Agree Completion Date: March 13, 2023 Response: Management agrees with the finding. The property has requested reimbursement from Villa Santa Maria.