Audit - 1999/2000
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
REPORT ON AUDIT OF FINANCIAL STATEMENTS
AND
SUPPLEMENTAL DATA FOR THE
TWELVE MONTHS ENDED JUNE 30, 2000
CYNTHIA L. WARREN
Certified Public Accountant
Eufaula, Oklahoma 74432
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
JUNE 30, 2000
Table of Contents
Financial Statements
Independent Auditor's Report
Exhibit A -Balance Sheet
Exhibit B - Statement of Revenues, Expenditures, and Changes in Fund Equity
Exhibit C - Statement of Cash Flows
Notes to the Financial Statements
3
4
6
8
9
Supplementary Data
Schedule I - Schedule of Expenditures of Federal Awards
Schedule 2 - Statement and Certification of Actual Modernization Cost
12
13
Independent Auditor's Report on the Internal Control over
Financial Reporting Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards
14
Independent Auditor's Report on Compliance with Requirements
Applicable to Each Major Program and Internal Control over
Compliance in Accordance with OMB Circular A-133
15
Summary Status of Prior Audit Findings
Schedule of Findings and Questioned Costs
Financial Data Schedule
17
18
19
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CYNTHIA L. WARREN
Certified Public Accountant
====================================================================
P.O. Box 189
Eufaula, OK 74432
(918) 452-2116
Fax (918) 452-3509
INDEPENDENT AUDITOR'S REPORT
Board of Commissioners
Housing Authority of the City of Salina
Salina, Kansas
I have audited the accompanying financial statements ofthe Housing Authority of the City of Salina
as of June 30, 2000, and for the year then ended, as listed in the table of contents. These financial
statements are the responsibility of the Housing Authority of the City of Salina's management. My
responsibility is to express an opinion on these financial statements based on my audit.
I conducted my audit in accordance with generally accepted auditing standards and the standards
applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General ofthe United States. Those standards require that I plan and perform the audit
to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the overall financial
statement presentation. I believe that my audit provides a reasonable basis for my opinion.
In my opinion, the financial statements referred to in the first paragraph present fairly, in all material
respects, the financial position of the Housing Authority of the City of Salina as of June 30, 2000,
and the results of its operations and the cash flows for the year then ended in conformity with
generally accepted accounting principles.
In accordance with Government Auditing Standards, I have also issued a report dated January 11,
2001 on my consideration of the Housing Authority of the City of Salina's internal control over
financial reporting and on my tests of its compliance with certain provisions of laws, regulations,
contracts, and grants.
The accompanying schedule of expenditures of federal awards is presented for purposes of
additional analysis as required by U.S. Office of Management and Budget Circular A-133, Audits
of States, Local Governments, and Non-Profit Organizations and is not a required part of the
financial statements of Housing Authority ofthe City of Salina. The accompanying Financial data
Schedule is presented for purposes of additional analysis and is not a required part of the financial
statements of the Housing Authority of the City of Salina. Such information has been subjected to
the auditing procedures applied in the audit of the financial statements and, in my opinion, is fairly
presented in all material respects in relation to the financial statements taken as a whole.
~j~a ~
Certified Public Accountant
January 11, 2001
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I Exhibit A
Page 1 of2
I HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
BALANCE SHEET
I JUNE 30, 2000
Owned Comprehensive Other
I Rental Housin2 Grant Pr02ram Projects
ASSETS
Cash $ 3,113 $ 0 $ 0
I Accounts Receivable:
Tenants, Net of Allowance 10,368
Interprogram 154,136 164,556
I HUD 140,565
Miscellaneous 435
Accrued Interest Receivable 716
I Investments, Unrestricted 467,007 28,107
Prepaid Expenses and Other Assets 13,468
Inventory 940
I Total Current Assets 49,467 140,565 193,379
Mortgages Receivable 46,518
I Fixed Assets, Net of Depreciation 5.389.504 537.713
Total Assets $ 6.038.971 $ 678.278 $ 239.897
I LIABILITIES AND FUND EOUITY
Liabilities:
I Accounts Payable:
Vendors $ 10,295 $ $
HUD
I Other Governmental Entities 28,092
Accrued Wages and Payroll Taxes 1,112
Accrued Compensated Absences 1,204
I Tenants' Security Deposits 19,932
Other Accrued Liabilities
Due to Interprogram 200,926 140,565
I Other Deferred Credits 7.064
Total Liabilities 268.625 140.565
I Fund Equity 394,005 0 239,897
Contributed Capital 5.376.341 537.713
Total Fund Equity 5.770.346 537.713 239.987
I Total Liabilities and Fund Equity $ 6.038.971 $ 678.278 $ 239.987
I
I The accompanying notes to the financial statements are an integral part hereof.
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I Exhibit A
Page 2 of2
I HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
BALANCE SHEET
I JUNE 30, 2000
Section 8 Section 8 Total
I Certificates Vouchers (Memo Only)
ASSETS
I Cash $ 3,727 $ 73,535 $ 80,375
Accounts Receivable:
Tenants, Net of Allowance 10,368
I Interprogram 48,984 91,718 459,394
HUD 49,384 189,949
Miscellaneous 2,543 1,952 4,930
I Accrued Interest Receivable 90 806
Investments, Unrestricted 26,605 521,719
Prepaid Expenses 13,468
I Inventory 940
Total Current Assets 131,333 167,205 1,281,949
Mortgages Receivable 46,518
I Fixed Assets, Net of Depreciation 1.362 599 5.929.178
Total Assets $ 132.695 $ 167.804 $ 7.257.645
I LIABILITIES AND FUND EOUITY
Liabilities:
I Accounts Payable:
Vendors $ 256 $ 1,284 $ 11,835
HUD 98,384 98,384
I Other Governmental Entities 28,092
Accrued Wages and Payroll Taxes 1,112
Accrued Compensated Absences 265 265 1,734
I Tenant Security Deposits 19,932
Other Accrued Liabilities 5 I 6
Due to Interprogram 102,877 15,027 459,395
I Other Deferred Credits 20.020 50.587 77.671
Total Liabilities 123.423 165.548 698.161
I Fund Equity 9,272 2,256 645,430
Contributed Capital 5.914.054
I Total Fund Equity 9.272 2.256 6.559,484
Total Liabilities and Surplus $ 132.695 $ 167 .804 $ 7.257,645
I
I The accompanying notes to the financial statements are an integral part hereof.
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I Exhibit B
Page 1 of2
I HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
ST A TEMENT OF REVENUES, EXPENDITURES, AND
I CHANGES IN FUND EQUITY
FOR THE TWELVE MONTHS ENDED JUNE 30, 2000
I Owned Comprehensive Other
Rental Housin2 Grant Pr02ram Projects
Operating Revenue:
I Dwelling Rental $ 326,019 $ $
Investment Income, Unrestricted 25,271 3,049
PHA HUD Grants 27,677 210,186
I Gain/Loss on Sale of Fixed Assets ( 2,995)
Other Income 28.844
Total Operating Revenue 404.816 210.186 3.049
I Operating Expenditures:
Administration 180,243 10,263 2,018
I Tenant Services 138
Utilities 7,736
Ordinary Maintenance and Operation 196,475
I Housing Assistance Payment
General Expense 81.714
Total Operating Expenses 466.306 10.263 2.018
I
Net Operating Income ( 61,490) 199,923 1,031
I Operating Transfers In (Out) 199,924 ( 199,924)
Nonroutine Maintenance ( 138,674)
I Contributions for Capital Outlay 413,006
Depreciation ( 131,050) ( 2,363)
Casualty Losses-Non-Capitalized ( 577)
I Net Loss ( 131,867) 410,642 1,031
I Fund Equity, Beginning of Year 6,625,442 128,737 238,866
Adjustments for Accounting
I Conversion ( 723.229) ( 1.666)
Fund Equity, End of Year $ 5.770.346 $ 537.713 $ 239.897
I
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The accompanying notes to the financial statements are an integral part hereof.
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I Exhibit B
Page 2 of2
I HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
ST A TEMENT OF REVENUES, EXPENDITURES, AND
I CHANGES IN FUND EQUITY
FOR THE TWELVE MONTHS ENDED JUNE 30, 2000
I Section 8 Section 8 Total
Certificates Vouchers (Memo Only)
I Operating Revenue:
Dwelling Rental $ $ $ 326,019
Investment Income, Unrestricted 6 28,326
I HUD PHA Grants 367,048 360,863 965,774
Gain/Loss on Sale of Fixed Assets ( 2,995)
Other Income 2.778 829 32,451
I Total Operating Revenue 369.832 361.692 1.349,575
Operating Expenditures:
I Administrati ve 53,608 48,625 294,757
Tenant Services 138
Utilities 7,736
I Ordinary Maintenance and Operation 196,475
Housing Assistance Payments 312,298 308,658 620,956
General Expense 81.714
I Total Operating Expenditures 365.906 357.283 1.201.776
Net Operating Loss 3,926 4,409 147,799
I Operating Transfers In (Out)
Nonroutine Maintenance ( 138,674)
I Contributions for Capital Outlay 413,006
Depreciation ( 1,731) ( 187) ( 135,331)
Casualty Losses - Non Capitalized ( 577)
~I Net Income (Loss) 2,195 4,222 286,223
I Fund Equity, Beginning of Year 22,354 1,869 7,017,268
Adjustments for Accounting
I Conversion ( 15 ,277) ( 3.835) ( 744,007)
I Fund Equity, End of Year $ 9.272 $ 2.256 $ 6,559,484
I
I The accompanying notes to the financial statements are an integral part hereof.
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
STATEMENT OF CASH FLOWS
JUNE 30, 2000
Cash Flows from Operating Activities:
Operating Income
Add (Deduct) Items Not Affecting Cash:
Depreciation
(Increase) Decrease in Accounts Receivable
(Increase) Decrease in Accrued Interest Receivable
(Increase) Decrease in Prepaid Expenses
(Increase) Decrease in Inventory
Increase (Decrease) in Accounts Payable
Increase (Decrease) in Accrued Liabilities
Increase (Decrease) in Other Deferred Credits
Net Cash Flows from Operating Activities
Cash Flows from Investing Activities:
Increase in Investments
Capital Outlay
Prior Period Adjustments for Accounting Conversion, Net
Net Cash Flows from Investing Activities
Net Increase (Decrease) in Cash
Cash, Beginning of Year
Cash, End of Year
The accompanying notes to the financial statements are an integral part hereof.
-8-
Exhibit C
Page 1 of2
All Pro2rams
$ 286,223
135,331
( 175,981)
( 806)
( 2,265)
( 940)
77 ,259
2,852
70,765
392,438
( 20,328)
( 413,006)
62,807
( 370,527)
21,911
58.464
$ 80.375
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Page 1 of3
HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30, 2000
Note 1 - The Reporting Entity
The agency was created under the provisions of the laws of the State of Kansas. The
purpose of the agency is to administer Public Housing Programs authorized by the United
States Housing Act.
The governing board is appointed by the Mayor of the City of Salina. The governing board
employs executives; authorizes contracts of subsidy with the U.S. Department of Housing
and Urban Development (Annual Contributions Contract) pursuant to that agency's
regulations and statutory authorizations; and causes the agency to construct, own, and
operate public housing facilities. The financial liability ofthe housing agency is essentially
supported by the operating and debt service subsidies received under contract from the
Federal government.
In determining how to define the reporting entity, all potential component units have been
considered. Each potential component unit was evaluated using the criteria set forth in
Governmental Accounting Standards board pronouncements. These criteria include, but are
not limited to manifestation of oversight responsibility, scope of public service, and special
financing relationships. Oversight responsibility is determined by the extent of financial
interdependency, control over the selection of the governing board and management, ability
to significantly influence operations, and accountability for fiscal matters. Based on these
criteria, there are not additional entities which should be included in the financial statements.
Note 2 - Basis of Accounting
In prior years, the financial statements of the authority are presented in accordance with a
basis permitted or prescribed by the U.S. Department of Housing and Urban Development,
which differed from generally accepted accounting principles. Effective July 1, 1999, the
Housing Authority of the City of Salina was required by the Department of Housing and
Urban Development to change its basis of accounting from this regulatory basis to generally
accepted accounting principles. The effects of this change are evidenced by prior period
adjustments which are reflected in the accompanying financial statements.
The Housing Authority of the City of Salina uses a Proprietary Fund Type to account for the
activities of the housing authority in a manner similar to commercial enterprises. This
proprietary fund is accounted for using the economic resources measurement focus.
Accordingly, this fund reports all assets and liabilities on the balance sheet. The reported
fund equity is segregated into contributed capital and retained earnings components.
Proprietary fund operating statements present increases (revenues) and decreases (expenses)
in net assets. This fund uses the accrual basis of accounting. Revenues are recognized when
earned and become measurable and expenses are recognized when incurred, if measurable.
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30, 2000
Page 2 of3
The Housing Authority applies all applicable accounting and financial reporting standards
of the Financial Accounting Standards Board (FASB) issued through November 30, 1989,
in accounting and reporting for its proprietary fund.
Cash Equivalents - For purposes of reporting cash flows, all highly liquid investments
(including restricted assets) with a maturity ofthree months or less are considered to be cash
equivalents.
Investments - Investments are reported at fair value. Investments consist of Certificates of
Deposit which are reported at carrying amount which reasonably estimates fair value.
Fixed Assets - Fixed assets are valued at historical cost. It is the policy of the Housing
Authority to capitalize all assets with a cost of $500 or greater. Donated fixed assets are
valued at the estimated fair value at the date of the donation. Depreciation of all exhaustible
fixed assets is charged as an expense against operations. Accumulated depreciation is
reported on the balance sheet. Depreciation is provided over the estimated useful lives using
the straight-line method. Estimated useful lives, in years, for depreciable assets are as
follow:
Dwelling Structures
Nondwelling Structures
Equipment
15 - 40 years
40 years
3 - 5 years
Note 3 - Cash
As required by law, the depository is required to have FDIC insurance. As of June 30, 2000,
the Housing Authority was fully insured. Cash includes demand deposits and time deposits.
The following table presents the Housing Authority's cash and investments, classified into
one of the following categories of custodial credit risk:
Category 1: Insured or collateralized with secuntIes held by the Housing
Authority or its agent in the Housing Authority's name
Category 2: Collateralized with securities held by the pledging financial
institutions' trust department or agent in the Housing Authority's
name
Category 3: Uncollateralized.
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30, 2000
Page 3 of 3
Deposits, categorized by level of risk, are as follow:
Cash
Investments
Investments
Total
Bank
Balance
$ 91,418
137,402
385,029
$ 613,849
Category
1
1
2
Book
Value
$ 80,324
147,783
373,936
$ 602,043
Note 4 - Accounts Receivable
All receivables from tenants are shown net of an allowance for uncollectible amounts. This
amount is estimated based upon historical information. The allowance is $ 28,300 at June
30, 2000.
Note 5 - Fixed Assets
Fixed assets are valued at historical cost. Donated fixed assets are valued at the estimated
fair value at the date of donation. Depreciation of all exhaustible fixed assets is charged as
an expense against operations. Accumulated depreciation is reported on the balance sheet.
Depreciation is provided over the estimated useful lives using the straight-line method.
Depreciation expense for June 30, 2000 is $ 135,331. A summary of the fixed assets is as
follows:
Land
Buildings and Improvements
Furniture, Equipment & Machinery
$ 1,453,890
5,447,238
102,021
7,003,149
1.073,971
$ 5,929.178
Less: Accumulated Depreciation
Net Fixed Assets
Note 6 - Debt Reclassification
The Housing Authority owed balances for Bonds Payable. These liabilities are guaranteed
by the Department of Housing and Urban Development. These notes have been reclassified
to Contributed Capital.
Note 7 - Prior Period Adiustment
The Housing Authority changed its basis of accounting effective July 1, 1999. Adjustments
to reflect the change in basis for the prior year are posted to Prior Period Adjustments which
total $744,007.
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Schedule 1
HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
JUNE 30, 2000
Federal Grantor/ Federal Agency
Prol:ram Title CFDA No. Number
U.S. Department of Housing and Urban Development:
Direct Programs
Public & Indian Housing
ClAP
Section 8 Certificates
Section 8 Vouchers
Federal
Expenditures
14.850
14.852
14.857
14.855
KS-038
KS-038
KS-038
KS-038
$
27,677
623,192
363,122
356.454
Total
$
1.370.445
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Schedule 2
HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
STATEMENT AND CERTIFICATION OF ACTUAL MODERNIZATION COST
JUNE 30, 2000
1.
The actual Modernization Cost of the project is as follows:
Classification
KS 16P03 890697
1406
1410
1460
1475
Operations
Administration
Dwelling Structures
Nondwelling Equipment
$
190,051
28,776
245,646
15,527
Total Cost
$
480,000
2.
The distribution of costs by major cost accounts as shown on the final Comprehensive
Assessment/Program Budget dated October 12, 1999, and the Actual Modernization Cost
Certificate submitted to HUD on October 12, 1999 are in agreement with the Housing
Authority's records.
3.
All modernization costs and related liabilities have been paid.
4.
The Housing Authority had no budget overruns.
Funds Approved
Funds Advanced
$
480,000
480,000
Excess of Funds Approved
$
o
Funds Advanced
Funds Expended
$
480,000
480,000
Excess of Funds Advanced
$
o
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CYNTHIA L. WARREN
Certified Public Accountant
====================================================================
P.O. Box 189
Eufaula, OK 74432
(918) 452-2116
Fax (918) 452-3509
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL
REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED
IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Board of Commissioners
Housing Authority of the City of Salina
Salina, Kansas
I have audited the financial statements of the Housing Authority of the City of Salina, as of and for
the year ended June 30, 2000, and have issued my report thereon dated January 11, 2001. I
conducted my audit in accordance with generally accepted auditing standards, and the standards
applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States.
Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material
misstatement, I performed tests of compliance with certain provisions oflaws, regulations, contracts
and grants, noncompliance with which could have a direct and material effect on the determination
of financial statements amounts. However providing an opinion on compliance with those
provisions was not an objective of my audit and, accordingly, I do not express such an opinion. The
results of my tests disclosed no instances of noncompliance that are required to be reported under
Government Auditing Standards.
Internal Control Over Financial Reporting
In planning and performing my audit, I considered the Housing Authority of the City of Salina's
internal control over financial reporting in order to determine my auditing procedures for the
purpose of expressing my opinion on the financial statements and not to provide assurance on the
internal control over financial reporting. My consideration of the internal control over financial
reporting would not necessarily disclose all matters in the internal control that might be material
weaknesses. A material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the risk that
misstatements in amounts that would be material in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the normal course of
performing their assigned functions. I noted no matters involving the internal control over financial
reporting and its operation that I consider to be material weaknesses.
This report is intended solely for the information and use of the management and federal awarding
agencies and pass-through entities and is not intended to be and should not be used by anyone other
than these specified parties.
~luo/JJ~
Certified Public Accountant
January 11, 2001
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CYNTHIA L. WARREN
Certified Public Accountant
====================================================================
P.O. Box 189
Eufaula, OK 74432
(918) 452-2116
Fax (918) 452-3509
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH
MAJOR PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE
IN ACCORDANCE WITH OMB CIRCULAR A-B3
Board of Commissioners
Housing Authority of the City of Salina
Salina, Kansas
Compliance
I have audited the compliance of the Housing Authority of the City of Salina with compliance
requirements described in the U.S. Office of Management and Budget (OMB) Circular A-B3
Compliance Supplement that are applicable to each of its major federal financial assistance
programs for the year ending June 30, 2000. The Housing Authority of the City of Salina's major
federal programs are identified in the summary of auditor's results section of the accompanying
schedule of findings and questioned costs. Compliance with the requirements oflaws, regulations,
contracts and grants applicable to each of its major federal programs is the responsibility of the
Housing Authority ofthe City of Salina. My responsibility is to express an opinion on the Housing
Authority of the City of Salina's compliance based on my audit.
I conducted my audit of compliance in accordance with generally accepted auditing standards; the
standards applicable to financial audits contain in Government Auditing Standards, issued by the
Comptroller General of the United States, Office of Management and Budget Circular A-B3,
"Audits of States, Local Governments, and Non-Profit Organizations". Those standards and OMB
Circular A-I33 require that I plan and perform the audit to obtain reasonable assurance about
whether noncompliance with the types of compliance requirements referred to above that could have
a direct and material effect on a major federal program occurred. An audit includes examining, on
a test basis, evidence about the Housing Authority of the City of Salina's compliance with those
requirements and performing such other procedures as I considered necessary in the circumstances.
I believe that my audit provides a reasonable basis for my opinion. My audit does not provide a
legal determination on the Housing Authority of the City of Salina's compliance with those
requirements.
In my opinion, the Housing Authority ofthe City of Salina complied, in all material respects, with
the requirements referred to above that are applicable to each of its major federal programs for the
year ended June 30, 2000.
Internal Control Over Compliance
The management of the Housing Authority of the City of Salina is responsible for establishing and
maintaining effective internal control over compliance with requirements of laws, regulations,
contracts and grants applicable to federal programs. In planning and performing my audit, I
considered the Housing Authority of the City of Salina's internal control over compliance with
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requirements that could have a direct and material effect on a major federal program in order to
determine my auditing procedures for the purpose of expressing my opinion on compliance and to
test and report on internal control over compliance in accordance with OMB Circular A-133.
My consideration of the internal control over compliance would not necessarily disclose al matters
in the internal control that might be material weaknesses. A material weakness is a condition in
which the design or operation of one or more of the internal control components does not reduce to
a relatively low level the risk that noncompliance with applicable requirements oflaws, regulations,
contracts and grants that would be material in relation to a major federal program being audited may
occur and not be detected within a timely period by employees in the normal course of performing
their assigned functions. I noted no matters involving the internal control over compliance and its
operation that I consider to be material weaknesses.
This report is intended solely for the information and use of management, federal awarding agencies
and pass-through entities and is not intended to be and should not be used by anyone other than
these specified parties.
~-IIu~ ~
Certified Public Accountant
January 11,2001
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
SUMMARY STATUS OF PRIOR AUDIT FINDINGS
JUNE 30, 2000
The prior report on the audit of the financial statements as of and for the twelve months
ended June 30, 1999, contained the following findings:
1. 99-1 Physical Inventory
The Housing Authority performs annual inventories of its assets for comparison with
the records which are maintained by the fee accountant.
2. Unsupported Journal Vouchers
No unsupported journal vouchers were found during the June 30, 2000 audit.
3. HQS Ouality Control Inspections
The Housing Authority has implemented a HQS Quality Control Inspection process
which involves supervisory inspections.
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HOUSING AUTHORITY OF THE CITY OF SALINA
SALINA, KANSAS
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
FOR THE YEAR ENDED JUNE 30, 2000
SECTION I - SUMMARY OF AUDITOR'S RESULTS
Financial Statements
Type of auditor's report issue: Unqualified
Internal control over financial reporting:
Material weaknesses identified?
_yes
X no
Reportable conditions identified that are
not considered to be material weaknesses?
_yes
X none reported
Noncompliance material to financial statements noted?
_yes
X no
Federal Awards
Internal control over major programs:
Material weaknesses identified?
_yes
X no
Reportable conditions identified that are not
considered to be material weaknesses?
_yes
X none reported
Type of auditor's report issued on compliance for major programs:
Unqualified
Any audit findings disclosed that are required to be
reported in accordance with section 51O(a) of Circular
A-133?
_X_yes
no
Identification of major programs:
#14.850
#14.852
Public and Indian Housing
CLAP
Dollar threshold used to distinguish between type A and type B programs:
$300,000
Auditee qualified as low-risk auditee?
yes
X no
SECTION II - FINANCIAL STATEMENT FINDINGS
None
SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS
None
-18-
https:l/hudapps.hud.govIHUD _ Systems/fasphalrea...DS.cfm?dateCreated=Apr%2012%20200 1 'Yo20 11 %3AO 1 AM
PHA: KS038 FYED: 06/30/2000
I Public ,. Section I Section 8 ! ;
Line Low Rent i Housing_Comprehensive 8 Rental I Rental i !
litem Public I Improvement Assistance I Voucher I Certificate I !
# _,:\c:c~ount Description Housing i Program iprogram ; Program ,State/Local, Total
'111 ieash - Unrestricteci-.$3:1131 -.---..--.---.----$0[$73.535r---$3.727r-.---$O[--. $80.375]
100 Total Cash --$3.113i.- - --- -~:-$73.535i- $3.72il.---.--.$6[---$80.3751
i ~ .--.r. ---.- ---r--.-- .
121 Accounts ReceiVai;ie--F;'HAPrOjects [---- .---$0[---.- ----$140.565r--$On49~384f.~-----=$QI $189.94~i
'125 !Accounts-Receivable -Misceiianeous n. $435[---------"$0,-.$1.952[...-$2,5431 $01 $4.9301
,126 V>.cc::ounisReceivable~.Tenants-=Dwelling Rents .$38:668j -- $0:-- -"for---$.of --$0[-.-$38;6681
12EC1~i1owanc::e for-OoubtfuIAccounts-=OweiiingRe-nts $-=28.300[-- n__ -"$oi-----$OI----.-$O[ ... $O! $-28.3001
,126~2IATiowa;:;c::e forDoubtfuIAcCourlts.--6iiier--- i $01 $0' sol $01 $01 $01
:129-lt>;ccrued.lnterest Receivable. -- __~~~--u- uu . .~~~~~~~~~~~~~i~~-.-$~~~~=-~;
~~-?-q,-: _~~~-~}~~~~ivabl~~~~_~~f~~_119_~~~.~~~..!~~_~_~_u~~uI ac~~unts . $1ci;a03r-H - --- $140,565! $1,952[ $52,017: -- $716~ $206,053:
I 1---- --T-- .T-."--
1X1Tlnvestments-=Unresiric::tedi $46i,OiWr--.----.-- --- .--$O[ ---$"0[--$26.605[---$28.107[ $521.7191
1142--rprepala.Expensesa-nd6tii-er-Assets ~--$13,468i-- .------.."$Ol--.$CW---sorn $01 $13,4681
f1~i"3-~nvent(;riesn-..------- --- -- i -----$94oi- . ----------$61$01--.$01-- $01 $940[
i143.1~lIowance for ObsOlete Inventories -.r------.-.$6I------ ~__n ..-$01--"$01--$01-- -. $01-----"$01
!144 IlnterprogramDue From----- --I-$154.136r- .. . .-.--$6!$9{7181~984rn$164."5561$459.3941
:150 "iTotal-Current Assets .--.-.-....-- _.n._ .-- -----'.-$649,467r------ ---$140~!$167.205! $131.3331 $193.3791 $1.281.949:
-" ----- -r - - ----.---- .--'--------~-".--r--~-----r---- ~-~-----------.---- I !
~~F~~~~ngsM--- n -- --- . .--- ---- -.-.___~~I,I~:4$~~6..~6:.5802 91 ~1Jr--- -.->-~~--~~~$.~2--2-~.-0~7020JI;=--$1-,3~1~Orl~-$12.1i1:Q80[rl~=---~i ~::E~li
i164!Furniture'-Equ ipment& MacF;TnerY--:- Administration.
116S-ILeaseholdlmprovementS------.--nn------- -----1-$321.5531---------- $01 $01 $O!--m- $01 $321.553!
'166--!Accumulated-Depreciation-- ..--1$-1.058,474/ --.------.-.-....$-4.0301 $-7111 $-10.7561--.. $01$-1.073.9711
i1~6iJ~onstructionlnPr~gress-=_ ________.________ r -------$01-------.. $519.6711 sol $Oi--. $01 $519.6711
160 !Total Fixed Assets. Net of Accumulated Depreciation ----T$5~389.5041- $537.713[ $5991 $1.362f----$Oi $5.929.178:
--1- --- -- ___________n.~_ _ .- r------r-.- . ___n__ I
!1~J~otesan~Mo~!cJages R~-~~~C1!>.I~-~"t\l~~~~~f~~ni.. . .~-------r---$Or----- ----$01--$6r--$O!$46.518r- $46.518'
180 iTotal Non-Current Assets _n 1$5;389.5041----.-----.- $537.7131 $599~3621-$46.518j $5.975.6961
-.L-====~=~-=~_==_==~___.__~=_-.=._--.- ---- :------1-.-- -- ---.-----r-------- i
190 !Total Assets . ----- --, $~.9~~7}[:-:.-__~--~_!~78.~!~I!!~?.~9~L~.~~~_ $~~~~~7LE~?2..?~.s!
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https://hudapps.hud.govIHUD _ Systems/fasphalrea...DS.cfm?dateCreated=Apr%20 12%20200 1 %20 11 %3AO I AM
PHA: KS038 FYED: 06/30/2000
, i ! Public Section Section 8 I
Line i I Low Rent ,. Housing_Comprehensive 8 Rental Rental !
litem i I Public Improvement Assistance Voucher Certificate I !
No. ! Account Description i Housing i Program Program Program ,State/Local! Total
3f2 iAccounts Paya'ble <::; 9o'l5ays'$10,295!-""--'-$61 $1.284[ $2561 '--$Of'$11,'835j
321'lAccruedWagelPayroliTaxes'Payable '-$1-;-f12i- ..So!-----wr----$6r---$5! $1.112;
322Y\ccrued'CompensatedAbsences . -.5;1-;-2041.---. $01' $2651---$2651.-'--- $01$1.7341
i331 [AccountS-Payable -:'-j:fUO'PHAPrograms" j u--'$of----- $Or'$98.3841~6i--- $01 $98.3841
'3. 3.3,.... fA.'.-, cco.-..u..n_ts.._P_-a,.,.y.a.bl_e.-Other Gover.nmentl $28.092r---. .. . . $OI-$6r--$6i--- $01 $28.092/
~!.Jrenant S_~~~Q.eP?Sits i -$-19,'932[.-----' $CW--SOI-----SOI--SOI' $19.932
i~4?_IDeferred ~v.E:n~_~. _'._.______ __ _ '1' - $7.0641- n . -$01 $50.5871-$20.020r-- $0['-- $77.6711
1345 IOther Current Liabilities 1.---$51-.--$01 $11 $5r--- $01 $61
i34i'ririTe;:p;:og!am'l2:u~i:~_T $200.9261.----- $140.5651 $15.0271 $102.8771--- $01 $459.3951
310 [Total Current Liabilities --...---1$268.6251.---- . --$140.5651$165.5481 $123,423! $01 $698.161 i
.f.--------.-.. -- -'-',' '---1"'-'-' ...'.....---.1-.--
350 rrolalNoncurrent Liabilities --.-.-- .---.-$61.---. .. --$61 $01 $Or-------$Or----so!
. r..---- ... - ,-.-.,..... ....---...'......!-. ----'..---.-, _n_ --. .1.-......-.- I
3'ocqrotalLlabiiiiies -,.---.-.-- -----------: $268.6251" . ---- ----$1'40.5651$165.5481 $123,4231 $01 $698.161,
i~~;~~-r:~~iote~BgQt~___ -..-.- .~-===::-=r $5~~.1~~r:-~'~~~~_"':'~~"::'~~"$6F . $Or--' $01~'''$O1 $566.1641
i504 iNet HUD PHA Contributions----....---1$4.81 0.177r- -"-, . $53f713[ ---"$01'---$0'1'- $01$5.347.8901
:soa--Ffotal Contributed Capital- ._~---.~---_..- -- -.--~--'--.r$5,376,341 r-.----m---_- - - "'---$537~713!--$O1 $O! $01$5,914,054:
r..------.. __m..__ -. ,.... -- '.--...----.------......r--------....I "-'... .n.._.' T--- ---..-
511rTotl:li-Res'ervedF-undSalance . -. -.. ...-- ,..---. -..- '---$01----' ---. --.--$Ol-"$OI---$Oi- $01
. . . ['.--==.:~-=---_.. -.. -__~.____~==-~u':=--~~'~~=.::.~.I.::..___~_=[~~~~___..._ .-----r..-----
512 'jUr1designated Fund Balance'lRetained Earnings I $394.0051 $01 $2.256[ $9.2721
~13 frotal EquiiY-----'-------.-- -- ----.----.-. -.. '----:$5.770,'3461-- -~.. $537.7131 $2.2561 $9.2721
i..---r.-------nm...-.-.n .--- -.,--. -- m"'___', ----.-------..-... '1"-- ------1-'---.--.., .---..-....-1
'606__ff9tal-ciabil@~l>and 'E9~iiY _.__u__._..__ -,--. -- ..i$?Q3~9!.11..___ _ ,------- - $~~8~~8~167 ...8041 .!!32.69_51_$2~~_.~'p71$7 .257~451
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$239.8971 $645,4301
$239.8971$6.559,484!
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PHA: KS038 FYED: 06/30/2000
lLine !
litem i
iN():I___ Account Description
!~~JN~_~e~~'2!_~e~aL'3~~e~ue .
7D~_trotal_Tenant Rev~r1ue
! .
!7OOIHUD PHAGrants---~- - ---- ----------
!~llnvestment-lncome~-lJ-nrestricteci.~- --
ii1fnOther-RevElnue--- ... __d. -----
!716-IGain/Loss-on Sale OfFixeelAssets--
iiOOfrotal-Revenu-e- -- --_..~-~-----
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https://hudapps.hud.gov/HUD _Systems/fasphalrea...DS.cfm?dateCreated=Apr%20 12%20200 I %20 11 %3AO 1 AM
!p~~~~-I:~~~~~~~~~~~t~~;~~~;~~~~:; ::~:t:ll- .. f
_IHousing . ... Program I~rogram Program State/Locali Total i
- 1$326,D19f - -- m ---- - -$O!-----$Ol------$O[U--$Oi $326,0.191
1$326~9!- .-- ---~I--W!------$Or- Unn .--$O! $326,0.191
[ - - --- r --- --r------- i
-1$27,6771-. . $210.,1861$360.,8631 $367.0.481-- -$01-$965)74!
- . ---r $25,271 r --- - - $D! $DI-~I--$3~D49!-- $28,3261
--~li1~~:::~~~~~-..~ - _~.__~=n_ :~~_ $8~~F$2,7~~~~--:~=~F~:~;:::~1
____un 1$40.4,816[---- .-- -- $21 p~!!3.61$3.?_!,~~21 $369,832fm_$~0491$1 ,349,5751
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https://hudapps.hud.gov/HUD _Systems/fasphalrea...DS.cfm?dateCreated=Apr%20 12%20200 1 %20 11 %3AO lAM
PHA: KS038
FYED: 06/30/2000
; -Pu-tilic ----section ISection-8Ti
Line I :Low Rent ,'HOUSing_COmprehensive 8 Rental I Rental ! i
,Item i i.. Public ,'mprovement Assistance Voucher Certificate I i
No. Account Description Housing i Program Program Program IState/Local; Total ,
911-!AdminislrativeSalaries- - - i $96;184j-- ---- ..----SOf$31.263! $29,918[-----$Or$-157,365!
9}rY\uditing-Fee~_-_=-____ni --- $450; -$Or--- $6201--- $481r- - - "--$0[-- $1,5511
914 iCompensated Absences .- $4,oisj-------SOI$-2,686j $-2,6861.....----$0[-$-9,4471
915 -[Employee BenefiTContributiClns--AdminTstrative'- . [-$32,258r-- u - - -..-.- $01 $10.622[- $11 ,009r- . '$6751$54,5641
i~;:- ~~~:~~~:~i~~~_~~~:~T~tia!Lv-e_--- f-!5~J~r--~--- n__--T!.O.2;~I--$8,8~~r- $~i.8:~I__ _ $Ij_;~I~_-:'l90$~~11
:~~~~::~~C~-===~==~==--=-----U ----- --=---:==j- ~~:~::r---== _ ---===~- ~~F~ -~~F::--~I=- -==-- ~~r---- ~~:~:
i~~~ ~l~~~nary-:~i~t:n~~ea~~-~per:t:-~s~_~~~r-----__~u_~~- -===:-- $~~:~:;~---:-=- --=--~== ~~F=-- ~~~-==~I: --':-=~I--:$~~:~:;I
,942 IOrdinary Maintenance and Operations - Materials and Other-I-$34,239i---- --$Or---- $O[U-- $O[ -$Or- $34,239f
!943 IOrdinary Maintenance and Operations - Contract Costs ----- --T- $33,983[------ ..-- $01-- ---$Or-- -- -$0[- -fal "$33,9831
~45 IEmployee Benefit Contrib~tio..nl)___()rdinary }18in~~;;~~c:e_=; - $32.211 I.---$Or-$O,----- $0[- --$0[- $32,211!
1961 /Insurance Premiums-I' $27.647[-- - - u_ -- $Or------SO[-----$Or---- - - -$0/- $27,6471'
1963 Jpayments in Lieu ofTaxes--------------------r $28.092'------- $01 $oj-----$6,-- - $01 $28,092
;964 jBad Debt - Tenant Rents-n-:-==-=:__=-::::~-----==~~~=J $25.9751-=-~.. ___ ____ ~~--- $Or~-------sor------ --$01-00 ~---~- $01 $25.9751
969 rrotal Operating Expenses 1$466.306, $10.2631 $48,6251 $53.608r-- $2.018! $580,820;
. --J-~----===-=--=--====--~---------___J~~-=_-=-C~:=_~_____n__~==r-== __ _ _ _f
970 IExcess Operating Revenue over Operating Expenses ! $-61,490! $199,923[$313.0671$316,224;-- $1,031 r-$-768,755:
,---- T-------- -- -.. _n_ -- -~.. - - -. ----00--- : ----n--.r . ____nO ______,_____
;971 jExtraordinary MaintEmance--u~~___----------1$138.6741-------$OT $01--$0,---- $01 $138,6741
::;~ l~~~~~~ ~~;:::n~~~:~~~~:iZed --------~~----:==:=--=--=r=- $5i5r-=~ ~-- =~::~------ ~~~6~~~~~,2~~F------~~~ $620~~~~1
:974 -IDepreciation Expense -:==___===-____~___=:--H131 ,050r-----=~-----~ $2,3631 $1871 $1.731 ,- -- $01 $135,3311
900/Total Expenses. . . ! $736,6071 .. .... $12.6261$357,4701 $367,6371 $2,018/$1.476.358i
--- !--.--------~ ~-- ----- ~ --r---------I-- - ---- --- --- --1'--- I
;1"001!Operating Transfers In----n-----------~ 1$199,9241' $01 $O~ $Or---sor$199.9241
i100210perating Transfers Out - -----------------------------1---W1-------~---$-199,9241-$O,--sor--- $01 $-199.924,
1010tTotal Other Financing Sources (Uses) ---- ---~ I $199,924'----u--- $-199.9241 $OI-Wr------$5j-'$O!
. .. -r--------------------u---~ --. ..---- ~--- ---1-------1' ---------------,-- I
.----IExcess (Deficiency) of Operating Revenue Over (Under), r--r---- ! :
100QIExpe~s~.l>___n__ _ _ _ 1$-131.867iu_~__J=2,~~L~4,2221___~2.1951___$1-'-0~!l $-1_26,78~1
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nnps://nuaapps.nua.goVltiUU _~ystemsltaspnalrea...u~.ctm'!aateLreatca=Apr%lU 11%lU1UU 1 %'lU 11 %.JAU lAM
PHA: KS038 FYED: 06/30/2000
.. --I-----T---mpUbfiCu ---S-ectionTSection8T----~ ------
:Line : Low Rent IHousing_Comprehensive 8 Rental/ Rental I I
litem i Public I Improvement Assistance Voucher Certificate i
f\J~.J________~________~c_c.<:>unt Description I Housing I Program Program Program State/Local I Total !
11101 !Capital Outlays Enterprise Fund i-~$Oi-n-n--- .---$413,006[----- $Or---$Or-~r $413.0061
11-0ZjDebt-Prlllcipal Payments =-Enterprise Funds 'i-- ---$cf - .--------- $Ol---$Or----~r-----$Or--$O:
11_0~fBeg~ing"}-:9uTtY-~~~~ -- ..... --- - ----------1$6,625,4421-- - n -$128~737r---${869r-$i2,3541$238,8661$7,017.268i
111 041~~~~~:eriod Adjustments, Equity Transfers and Correction of --- r-$--;;;;;~I-------~1~~~~I~-3,8~-~I-;15.27l---;~r~~~~~;I
11112!DepreciationAddBaCk .. ---- ------ ---------T-$131 ,0501u - - .- - - $2,010r---$OI----$01"--- $01 $133,0601
111131Maximum Annual Contrib-uiiOr;s-comrllitment(PerACCy----- [--$0'---'--- --. --$OI---$O[ $316,141 r----$01$"316.1411
11114Iie~:~~~~~~~~: :onn~~:1 Contributions Applicable to a Period of 1-~I---------------;~I;~~,;9~r_;8~r------~~~~1
!1T15jCOrrtinge;ncyReserve,-AC"CProgrnm Reserve -------1- ----$61--- .. --- ------- $01$121.0641 $305,175'-- $01 $426.2391
1116iTotal Annual Contributions Available-----______ -----[--____$oj- .---- - -- u u__n_ $01$618.0571 $709,1351 $01$1,327.1921
--T- ----------- ----.. ---- ------1 -----T---- . -1------ I
!11201Unit Months Available ...... _________n_ -I 1,956,--------01 2.0951 1,3491 01 5,4001
i~1}J INu'!1l"?.e!_(Jf U!1.it_~~ths~__~~~~_--=-_~~==------1 1 ,8341- __~~~~=~_~_=~~61___~2.?~[___ 1 ,3491 O[ 4,759[
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