Finding 974699 (2022-005)

Material Weakness
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2024-05-22
Audit: 306946

AI Summary

  • Core Issue: The Authority failed to make timely and accurate requisitions from operating and capital grants, violating HUD guidelines.
  • Impacted Requirements: Compliance with HUD regulations regarding project-based practices for Public Housing Authorities was not met.
  • Recommended Follow-Up: Management should collaborate with a fee accountant to establish clear policies and training for proper grant requisition processes.

Finding Text

2022-005 Grant Requisitions (Material Weakness) CFDA No.: 14.872 and 14.850 Agency: U.S. Department of Housing and Urban Development Criteria: Public Housing Authorities (PHA) are required to implement project-based practices related to their operating subsidy and capital grant. This includes making proper and timely requisitions of funding from the grants. Condition: We noted that management of the Authority did not, in all instances, make timely requisitions from its operating and capital grants. Additionally, when requisitions were made, the amounts were not calculated in accordance with HUD guidelines. Context: During our audit, we noted that the amounts drawn down for the operating grant and the capital grant were calculated incorrectly. The calculation used was not in conformity with HUD regulations. Additionally, we noted that management did not make these requisitions in a timely manner. Effect: Management and the Board were not in compliance with the HUD regulations. This noncompliance could have resulted in the Authority not receiving that total amount of grant funding to which it was entitled. Cause: Due to a change in management at the Authority, and due to a lack of training by the accounting personnel on accounting and the grant requisition process, grant funding was neither properly nor timely requisitioned for the year ended June 30, 2022. Questioned costs: None identifies. Repeat finding: This is not a repeat finding. Recommendation: We recommend that management of the Authority work with its newly retained fee accountant to better establish policies and procedures to ensure compliance with the grant requisition processes. Management’s response: The Authority has had some staff turnover over the past several years. A new executive director and a new account clerk were both hired within the past several years. Management is evaluating its processes and procedures related to grant requisitions and is planning on implementing procedures to ensure grants are requisitioned in the future. 61

Categories

HUD Housing Programs Material Weakness

Other Findings in this Audit

  • 398252 2022-002
    Significant Deficiency Repeat
  • 398253 2022-003
    Material Weakness
  • 398254 2022-004
    Significant Deficiency
  • 398255 2022-005
    Material Weakness
  • 398256 2022-003
    Material Weakness
  • 398257 2022-005
    Material Weakness
  • 974694 2022-002
    Significant Deficiency Repeat
  • 974695 2022-003
    Material Weakness
  • 974696 2022-004
    Significant Deficiency
  • 974697 2022-005
    Material Weakness
  • 974698 2022-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $787,764
14.872 Public Housing Capital Fund $183,782
14.238 Shelter Plus Care $95,125