Tuesday, 09 May 2017

Auditors highlight GHURA's non-compliance with federal programs

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The agency received a modified opinion on its compliance with federal programs.

Guam - An audit issued by the Office of Public Accountability on the Guam Housing and Urban Renewal Authority shows that the agency continues to have issues with compliance with major federal programs.

The audit, conducted by Burger, Comer, Magliari, states that for the fifth consecutive year, auditors found issues with GHURA’s compliance with certain programs such as Section 8, Public Indian Housing and Supportive Housing for the Elderly.

Some of the violations include lack of documentation for repairs, lack of evidence for eligible citizenship status, lack of quality control testing of tenant files, failing to verify landlord business licenses and failure to conduct annual inspections, among other violations.

The auditors did issue a clean opinion for GHURA’s financial statements and noted that the GovGuam agency ended FY 2016 with a net income of $228,000 which is three times more than the previous year.

You can read the highlights of the audit by clicking on the file below.

 

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