FAC Explorer

Finding 961170 (2023-003)

Significant Deficiency Repeat Finding
Requirement
C
Questioned Costs
-
Year
2023
Accepted
2024-03-26
Audit: 297868
Organization: Puerto Rico Public Housing Administration (PR)
Auditor: Baker Tilly Puerto Rico CPAS Psc

AI Summary

  • Answer: Two out of sixty fund requests did not meet the three-day disbursement requirement.
  • Trend: This indicates a potential pattern of delays in cash management compliance.
  • List: Follow up by reviewing processes to ensure timely disbursement and address the four-day excess in these cases.

Finding Text

In testing compliance with the cash management requirement related to the time elapsed between the receiving of the request of funds from the federal government and the disbursement of funds; we observed that two (2) out of sixty (60) requests of funds from the Capital Fund did not comply with the maximum three days of disbursement. In the two instances, the days exceeded by four (4) days.

Categories

Cash Management

Other Findings in this Audit

  • 384726 2023-001
    Significant Deficiency Repeat
  • 384727 2023-002
    Significant Deficiency Repeat
  • 384728 2023-003
    Significant Deficiency Repeat
  • 384729 2023-004
    Significant Deficiency Repeat
  • 961168 2023-001
    Significant Deficiency Repeat
  • 961169 2023-002
    Significant Deficiency Repeat
  • 961171 2023-004
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $287.93M
14.872 Public Housing Capital Fund $91.68M
14.871 Section 8 Housing Choice Vouchers $79.57M
21.023 Emergency Rental Assistance Program $6.40M
97.088 Disaster Assistance Projects $1.25M
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $826,261
14.249 Section 8 Moderate Rehabilitation Single Room Occupancy $626,995
14.879 Mainstream Vouchers $522,766
16.609 Project Safe Neighborhoods $20,242