FAC Explorer

Finding 952080 (2023-003)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-03-12
Audit: 294710
Organization: McAlester Housing Authority (OK)
Auditor: Mike Estes PC

AI Summary

  • Core Issue: The annual Section III Summary Report was not prepared, violating federal regulations.
  • Impacted Requirements: The report must be available for third-party review, even though it's not sent to HUD.
  • Recommended Follow-up: Ensure the report is prepared on time each year and accessible for review.

Finding Text

Low Rent Program-CDFA#14.850 Finding 2023-003-Section III Summary Report Not on File-Reporting Criteria and Condition A Section III Summary Report is required to be prepared annually. Currently it is not required to be sent to HUD. However, it is supposed to be available for third party review. Context Management asserts that they did not prepare the report for the audit year Effect Federal regulations were not complied with. Cause Oversight by management Questioned Costs None Recommendation The reports should be timely prepared annually. They should be available for third party review. View of Responsible Officials We will comply with the auditor’s recommendation.

Categories

HUD Housing Programs Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 375636 2023-001
    Material Weakness
  • 375637 2023-002
    Material Weakness
  • 375638 2023-003
    Material Weakness
  • 952078 2023-001
    Material Weakness
  • 952079 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $929,660
14.871 Section 8 Housing Choice Vouchers $318,588
14.872 Public Housing Capital Fund $235,125