FAC Explorer

Finding 628695 (2022-001)

-
Requirement
A
Questioned Costs
$1
Year
2022
Accepted
2023-03-28
Audit: 49178
Organization: T. E. Brown Apartments (IL)
Auditor: Grieco & Adelman LLC

AI Summary

  • Answer: Tenant income was calculated using an outdated pension statement.
  • Trend: This issue may lead to consistent overcharging of tenants if not addressed.
  • List: Ensure current pension statements are used for income calculations moving forward.

Finding Text

Criteria: Incorrect pension amount was used to calculate tenant income. Condition: Current pension statement was not available at the time the tenant income was calculated. Cause: The tenant benefit statement provided to calculate tenant income was not a current statement. Effect: Tenant rent was improperly calculated to be $4 per month higher than it should have been.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.195 Section 8 Housing Assistance Payments Program $1.94M