Purpose of Audit
The purpose of our audit was to examine tenant rents for the period April 1, 2013 through July 31, 2014.
Background
The Oneida Housing Authority is a municipal housing authority created to provide low-rent housing for qualified individuals in the City of Oneida. The Authority, which is governed by a seven-member Board of Commissioners, operates three complexes with a total of 240 units for rent. The operating budget for the 2014-15 fiscal year totals approximately $1.5 million.
Key Finding
- The Authority’s controls were appropriately designed and operating effectively to ensure that tenant rents were properly billed, recorded and deposited.
Key Recommendations
- There are no recommendations as a result of this audit.