Institutional Federal Compliance Report 2021

STATE OF NEW YORK

Schedule of Findings and Questioned Costs

March 31, 2019

Questioned Costs Cannot be determined Statistical Sampling The sample was not intended to be, and was not, a statistically valid sample. Recommendation We recommend that the Corporation report program income earned whether retained by units of general local government or paid to the State in its annual performance and evaluation report. Views of Responsible Officials HTFC acknowledges that the 2018 Performance Evaluation Report (PER) submitted to HUD inaccurately reported program income. The 2018 PER was required to be submitted prior to March 31, 2019. The Office of Community Renewal allowed grantees until March 31, 2019 to provide documentation related to Program Income. This date is beyond the required submission date of the PER. Moving forward, internal procedures and tracking will allow for accurate program income reporting on the PER to be submitted in 2020. Corrective action completed.

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