RECEIVED I EGIS! ,qiEVF ,r .. ~L,-, ]lO~r ~ 2001 JUt+'6 PH 3:20
ilO U S1N G A U TIIO R 1TY O F I,tA I'Ii)E S PA R 1Sll BO Y C E, LO U ISIA N A
FIN A N C IA L A N D C O M PIdA N C F~ A U D IT I'O G ETH ER W I Ill IN I)EPEN 1)EN T A U I)ITO R S' R FA'O R T
FO R T It F Y E A R E N i)E I) I)E C E M B F R 31, 2000
"7h ~nlto ~,! i'cl't~a /o1t ~.,.~, ( !el I([icd T A B L E O F C O N T E N T S
PA G E
IN I)EPI~;N I)I,;N T A U I)ITO R S' R EPO R3
BA I ,A N CE SII}';],71'--I,;N TI,;RPR1SI'; FU N D I)F.CI';M BER 31, 2000 3
STA TEM I';N T O F RI,;V t';N U ES, FX I'EN SFS A N D CIIA N G ES 1N R 1,71'A IN I,;1) I)I,;I:IC IT--EN TER PI~d SI~. FU N D ]:O R TIll~ Y I~A R EN 1)H ) 1)I';(;EM BI';R 31, 2000
STA TI :,M I".N T O F CA SI I Fl ,O W S--1 ~.N TERPR 1SE FU N I) FO R Till:. Y I';A R l~.N l)I~.l) I)I~CF.M BFR 31, 2000
N O TI~S TO TIII'; ]:IN A N C IA 1. STA TEM EN T S 6
SU I'P1 ,I';M I';N TA RY IN FO RM A TION : lndependcnt A udilors' Report on Supplem enlary Inform ation
C om bining Balance Sheel - F, nlerprisc Fund - I)cce,nbcr 31,2000 17
C om bining Statem ent of Revenues, Expenses and Changes in Retained D eficit - Fnterprise Fund - For lhe Y ear Ended I)ecem ber 31, 2000
SCI IFI)U I .l'; l - Schedule of Expenditures of Federal A w ards For the Y ear l';nded D ecem ber 31, 2000 .. 20 T A B LF O F C O N T E N T S, C O N T IN U E D
]'A G E
SU I'I'I ,l ~M I';N TA RY IN I:O I~.M A TIO N , CO N TIN U I';1): SCIII';I)U I,I'; I1 - l:inancial D ata Schedule - Com bining Balance Shect 1)ccem bcr 31,2000
SC111;,1)131,l" 111 - Financial D ata Schedule - Com bining Statcm cnt of Revenues and Expenses For the Y car t';ndcd I)ecem bcr 3 l, 2000
SC] ]I';I)U I,}'; IV - Statcm enl of A ctual M odernization Cost (Incomplete) Amm al Contribution C ontract 1;W -2205 l;or the Y ear Endcd l)cccm ber 31, 2000 29
IN I)] ';1'1 ~N I )I';N T A U I)ITO R S' ]~.EPO R T O N C O M P1 ~IA N Ct A N D ON IN TI,;RN A I~ CON TRO I. O V ER I;1N A N CIA L RI,',I'O RTIN G BA SI';1) ON A N A U I)IT O F t,'IN AN CIA I. STA TI:.M I';N TS PI';RFO RM F.D IN A CCO RD A N CE W lTtt G O V I'~RN M I';N T A U I)]TIN G STA N D A RD S 30
IN I)I';I'I'N I)I:~N T A U 1)ITOR S' I,I.t:POPCI" ON CO M PI.IAN CI'; W ITII IU ';QUIRFM I~;NTS AI'PI,ICABI,I:. TO t{ACtl M AJOR I'I~.O G R AM AN D 1N TI:,RN A I~ CON TR O l. O V ER CO M I'I,IA N CI IN A CCO R1)A N ('t'; W lTI 10 M B CIRCU I.A R A - 133 32
SUM M ARY SCIIt~I)UI,I'; OF FINI)INGS AND QUESTIONH ) CO STS I"OP. TIIE Y EA R EN 1)I:~I) D ECEM BER 31, 2000: Scclion ] Sum m ary of A uditors' Reports 35 Section II Financial Statem ent Findings 37 Section lll Federal Award Findings and Questioned Costs 37 Scclion IV Stalus of Prior Y ears' Findings and Questioned Costs 38 '/(':i }'o. JT,~ ~TH e (~: . , [oH. ~,:,:,
Idif;h;a I I',. I;IL~II~), (:1 '/,
W uld(> ,I I,~~,s~l .b (:1'I',
]N 1)E1)EN I)EN T A U D IT O R S' R E1)O R T
To lhe B oard of (;om m issioners ]lousing A uthority of R apides l'arish B oyec, Louisiana
W e have audilcd lhc accom panying financial statcm cnls of the llousing A ulhorily of Rapides Parish (IIARP), as of and for the year ended l)ecembcr 3 l, 2000, as lisled in lhc J''ablq_lf Cjo!.l(::l]LS. These financial slalem ents are the responsibilily of IlARP's m anagem ent. O ur responsibility is lo express an opinion on lhese financial slalem enls based on our audit.
W e conducled our audil in accordance w ilh audiling standards generally acccpled in tim U nilcd Slales of A m erica and lhe standards applicable to financial audils conlained in Govec:vnent i42:tcjilj~g Standards, issticd by the Conlptroller General oflhe United Slatcs of A m erica. Those standards require thai w e plan and perform the audit to oblain reasonable assurance aboul w hether the financial slalem enls are free ofm alerial m isslalem ent. A n audil inehldes exam ining, on a lest basis, evidcnce supporting the am ounls and disclosures in the financial stalem enls. A n audil also includes assessing the accounting principles used and significanl eslim ales m ade by m anagem ent, as w ell as evalualing lhe overall financial slalem enl presentalion. W e believe thai our audJl provides a reasonable basis for our
]n our opinion, the financial slalem ents referred to above present fairly, in all m aterial respecls, lhc financial position of I:IA R P as of D ecem bm 31, 2000, and lhc rcstllls of Jls operalions and cash flow s for lhe year then ended in conform ity w ith accounling principles generally accepled in the U niled States of A m erica.
429{; I I Y{;I/',I/ I II I I1{; AVI NLI[ , b.[ W O I ~1 t :',NS, I :', Itl12? (SD"1) 2~14 {',/33 I ltX (f,t)!) 2S4 S:4!{; I M /',II : hltltllCtk,7,,I,l(;lf:{ (;(qll IN D EPEN D EN T A U D ITO R S' R E PO (CONTINUED)
To tim Board of Com m issioners llousing A ulhorily of R apides Parish B % ,cc, l.ouisiana ]'age 2
F~/2L,3e..!t/A:k(~/_0N Standards, w e have also issued our rcpo~ daled In accordance w ilh Gg. A pril 20, 2001 on our considcralion of ItA R P's internal conlrol over financial rcporling and on our lcsls of its com pliance w ilh certain provisions of law s, regulations, conlracls and grants. Thal report is an integral parl of an audil pcrform cd in accordance w ilh G ovejvm wnt Auditing_S!anda~:dS, and should be read in con iunction w ith lhis report in considering the rcsulls of our audil.
xzP
B R U N O & T E R V A LO N L LP C ER T IFIED PU BI,IC A C C O U N T A N T S
A pril 20, 2001
x (;c~f(Iicd I'tH,li~ \/ IIO U SIN G A U T H O R IT Y O F R A PID E S PA R ISII B O Y C E, LO U ISIA N A BA 1 .A N CE St 1EET--EN TI:.RPR 1SE FU N I) D F.CEM BH ~, 31, 2000
Cash and temporary cash investments (NOTE 2) $ 321,691 A m ounts receivable, net of allow ance for doubtful accounts of $6,133 16,770 l'repaid and other assets 13,629 l)ue fiom other funds (NO'I]'; 10) 116,975 l.and, structures and equipment, net (NOTI';S 3 AND 5) 3.756.446
l'otal assets $ 4,225,511
I,!ABII,ITIES AND E~ UI'I'Y l .iabilitics: Amounts and other payable (NOTE 4) 14,731 Com pensated absences payable 23,035 Security dcposils held for tenants (NOTE 2) 13,669 Due to other fimds (N OTE 10) 16.975
168.410
Equity: Contributcd capital (NOTE 5) 9,624,419
R etained deficit: U nreserved retained deficit (5~567o318)
Total equity 4,057,101
l'otal liabilities and equity 4,225,511
The accom panying notes are an integral part of the financial statem ents
}lO U SIN G A U T IIO R IT Y O F RA I'H )ES PA R 1SI! BO Y C E, LO U ISIA N A STA TEM EN T O F RFN EN U ES, EX PEN SES A N D CI IAN G ES IN Rt,;TA IN F.D D EFIC IT--EN TERPR ISt; FU N I) I:O P. TIlE Y EA R EN I)ED D I';C F, M BER 31,2000
O perating Rcvcnues l)w elling rental $ 187,593 O thcr incom e 9.036
lola] operating revenues _ J 96,629
O perating Expenses: Salaries and em ployee benefits 235,012 Repairs and lnaintenance 38,833 Contractual services 50,492 U tilities 47,498 G arbage and trash rem oval 21,069 l)eprecialion 427,735 Insurance 38,732 I lousing assistance paym ents 297,851 Convention and travel 37,299 l'aym ent in lieu of taxes 13,826 G eneral 25,520
B ad debt . 9~041
l'otal operating expenses 1.242,908
O perating loss f!,(!.46,279)
N on-operating Revenues G ranls and subsidies 691,209 Interest incom e 8,959 O ther 39.9Q6
Total non-operating revenues 740,0_ 7_ 4
N et loss (306,205)
Rctained deficit, beginning of year
Retained deficit, end of year $(5.567..}J_8)
The accom panying notes are an integral pan of the financial stalelnents
IIO USIN G A I.JT IIO R IT Y O F R A Pll)ES PA R 1SI1 BO Y C IC,, LO U ISIA N A STATF, M EN T O F CA SII FLO W S--EN TI'~RPRISE FUN D FO R TI IE Y F, A R FN DED DECEM BER 31,2000
$(1,046,279)
Adjusmaents to reconcile net income (loss) to net cash providcd by (uscd) in opcrating activities l)cpreciation 427,735 Bad debt 9,041 Increase in am ounts and other rcccivablcs (20,190) Decrease ill prepaid and other assets 41,787 D ecrease in advances 150 I)ecrcase ill accrued interest receivable 15 Increase in interfim d receivables (77,837) Decrease in am ounts payables (8,109) Increase ill eom pellsatcd absences payables 6,475 Increase ill security deposits held for tenants 1,392 Increase ill interfund payables 77,837 I)ccrcasc in other payablc _ (3L899)
N et cash used in operating activities _ (62L882)
(?ash Flow s fiom hw csting Activities
Inlcrest received _ 8~959
(:asia provided from investing activities
Cash H ow s flora N oncapital Financing A ctivities: Subsidies flora Fcderal and City grants and other 731~115
Cash provided flom noncapital financing activities 731,/!5
Cash Flow s fi'om Capital Financing A ctivities A cquisition of fixed assets (38,088)
Contributed capital _ 5~ 8j_5
N et cash provided by capital financing activities _ 17~Z22
N et inclease in cash and tem porary cash
illVCSllllelll.S _ __ 13A f) 19
Cash and tem porary cash investm ents, beginning of year _ _.1953772
Cash and telaal:,oraly cash invcstnleats, end of year $=~ 371~691 nterest paid during 2000 $ -0-
l'hc accom panying notes are an integral part of the financial statelnents
5 IIO U SIN G A U TIIO R 1TY O F R A PID ES PA R 1Stl BO Y C E, LO U ISIA N A N O TFS TO TI IE FIN A N CIA l, STA TFM EN TS
N O TF 1 - Backeround and G eneral D ata
Background
The ltousing Authority of Rapides Parish (tlAI/P) is a public corporation, lcgally separate and fiscally independent and governed by a Board of (;om m issioners. U nder the U nited States tlousing A ct of 1937, as am ended, the U.S. Department oftlousing and Urban l)evclopm ent (IlUD) has direct responsibility for adm inistering housing program s. ItA R P has been contracted by llU l) to adm inister I,ow q ncom c and Section 8 llousing Programs (FW -2021) and (FW -2116), respectively, under Annual Contribution C ontracts.
A s ofl)ccem ber 31,2000, IIA R P w as prim arily engaged in tile adm inistralion ofl,ow -lncom e and Section 81 lousing Program s to 1 ,ow -lncom c residents in B oycc, l~ouisiana.
U nder the l,ow -lncom e I'rogram , IIA R P provides eligible fam ilics housing under leasing arrangem ents. For the Section 8 Program , IlA III' providcs fim ds in tile form of rental subsidies to ow ners on bchalfofthe tenants.
]:him~cial Re~Iw tjj~ Ent~il!
llA R I' has tlle pow er to sue and bc sued, and m ake rules and regnlations for its ow n governm ent consistent w ith the law s of the State of I,ouisiana and the CJly of Boyee.
Govcrnmcnt Accounting Standards Board (GA SB) Statcm ent No. 14, "Financial R eporting Entity" established standards for defining and reporting on the financial entity. G A SB 14 indicates that the focal point for identifying Ibe final/cial reporting enlily is the prim ary governm ent w hich is considered to be any slate governm ent or general purpose local governm ent or a special- purpose government that meets all of the following criteria: a) has a separately elected governing body; b) is legally separate; and c) is fiscally independent of other slate and local governm ents.
ltO U SIN G A U TIIO R 1T Y O F R A I'ID E S I'A R 1SIt BO Y C E, LO U ISIA N A N O TI:';S q'O T|]F, FIN A N CIA l, STA TFM EN TS, CO N TIN U FI)
N O TE I - B ackground and G eneral D ata Continued
Financial R eporting l,;ntity, Continued
IIA R I' w as established as a separate, legal entity w ith a governing board w hich is separate and iodependent of any other govcm m ental "reporting entity" as defined by G A SB 14. A ccordingly, m anagem ent has concludcd that IIA R i' is a financial reporting entity w ithin the m eaning of the provisions of G A SB 14,
B asis of Presentation
As rcquired by l,ouisiana State Reporting 1,aw (I,RS-R.S. 24:514) and tile l lU l) regulations, financial statem ents are presented in accordancc w ith accotm tin8 principles generally acccpled in the U nited Slates of A m erica.
The accounts of ItA R I' are accounted for under the proprictary fund. A ccordingly, lhc accom panying financial statem ents have bccll prepared in conform ity w ith accounting principles generally accepted in the U nited States of A m erica applied to governm ental ullils.
l'rg_prictmiLFun_d 7J~EC_ - l'roprietary fund is accounted for on thc flow of econonlic resources m easurenlellt foctls alld uses tile accrual basis of accounting. U nder Ibis m ethod, revenues arc recorded w hen earned and expenses arc recorded at the lim e liabilities are incurred. IlA R P applies all applicable I,'A SB pronouncem ents in accounting and reporting for its proprietary operations. ItA R P's fund include the follow ing type:
}';0lerdKise Fun(! - Enterprise fund is used to account for those operations thai are financed and operated in a m anner sim ilar to private business or w here the board has decided that the determ ination of revenues earned, costs incurred and/or net incom e is necessary for m anagem ent accountability.
IIO U SIN G A U TilO R 1T Y O F R A PID E S PA R 1SII B O Y C E , LO U ISIA N A
N O TES TO "/'H E FIN A N CIA l. STA TEM EN TS, CO N TIN UED
ackground and G eneral D ata, Continued
IIA R P prepares an annual budget for its proprietary fund. Prior to the beginning of the calender year on January l, the annual budget is approved by the Board of Com m issioners. Budgetary am endm ents require approval by the B oard.
H A R P does nol present its budget to actual com parison for the cnterprise fire d as part of its financial statem ent as accounting principles generally accepted in the U nited States of A m erica does not require such, despite adoption of am ]ual budgel by the B oard.
_l ~sJjm ates
The preparation of financial statem ents in conform ily w ith accounting principles generally accepted in the U nited Slates of A m erica , requires m anagem ent to m ake estim ates and assum ptions that affect the reported am ounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statem ents and the reported am ounts of revem ms and expenses during lhe reporting period. A ctual results could differ fi'om those estim ates.
Statem enl of Cash flow s
For purposes of the statem ent of cash flow s, tlA R P considers all highly liquid investments with an original matttrity of ninety (90) clays or less when lm rchased to be cash and tem porary cash investm ents.
IIO U SIN G A U T IIO R 1T Y O F RA PID ES PA R ISII B O Y C E , LO U ISIA N A N O TF, S TO q't tE ]:IN A N CIA 1, STA TEM EN TS, CO N TIN U I,~I)
N O 'I],; I - _l~cko. ound and G eneral D ata. Continued
l,and Structures and F, qt)jpm cnt
l,and, structures and equipm ent are recorded at cost. D onated assets are valued at csfim atcd fair value on the date donated. W hen no historical records arc available, fixed assets are valued at estim ated historical cost, W hen assets arc retired or otherw ise disposcd of, any resulting gain or loss is reflected in incom e for the period.
The costs of norm al m aintcnancc and repairs ltlat do not add to the value of an assel or m aterially exleJ~d the asset's life arc J~ol capitalized in the enterprise fire d.
Structures and equipm ent are depreciated in the enterprise fire d of IIA R P using the follow ing estim ated usefid lives:
1 ';stim atcd A ssets Useful !j_ves
],and im provem ents 15 Building 33 B uilding im provem ents 15 l';quiplncnt 3-7
Com pensated A bsences
llA R P follow s 1,ouisiana Civil Service regulations for accum ulated annual and sick leave. U nder those regulations, em ployees m ay accum ulate up to three hundred (300) hours of annual leave which m ay be received upon term ination or retirem ent. Sick leave hours accum ulate, but thc em ployee is not paid for them if not used by his/her retirem ent or term ination date.
ltO U S1N G A U T tlO R 1T Y O F R A PID E S PA R ISI! BO Y C E, LO U ISIA N A N O 'I'I:,S TO "1'11E FIN A N CIA l, STA TF, M EN TS, C O N TIN U FD
N O T/'; I - Backeround and G eneral D ata Continued
The cost of current leave privilcges com puted in accordancc w ilh G A SB Codification Section C60, is recognized as a current-year expense in the enterprise fund w hen leave is earned.
Tolal M em orandum O nly
The total colunm on lhe accom panying com bining financial statem ents are captioned "m em orandum only" to indicate that they are presented only to facilitate financial analysis. Such data is not com parable to a consolidation. lnlerfim d clim inalions have not been m ade in the aggregation oflhis da~c.
N O TI'; 2 - Cash and Tem porary C ash Investm ents
A t ])ecem ber 31, 2000, llA R P's cash balances and securities consisting of certificales of deposit are as follow s:
lntcrcsl Carrying
Rak~_ f~/ . _M aturiLy Value
N /A N /A $132,131 $132,131 4.5 4 days 31,761 31,761 4.5 4 days 56,253 56,253 4.5 4 days 50,773 50,773
4.5 4 days _ .5~ 773
$32.[~691 $~21=fi91
Included in cash and tem porary cash investm ents at I)ecem ber 31, 2000 is Icnant security deposits of $13,669.
U ndcr stale law s, these deposils nm st bc secured by federal deposit insurance or lhe pledge of securities ow ned by the fiscal agent bank. The m arket value of such pledged securities and federal deposit insurance m ust equal or exceed the am ount on deposit w ith the fiscal agent. These securities are held by the fiscal agent bank in the nam e ofllA R P.
]lO U SIN G A U T IIO R 1T Y O F R A PID E S PA R 1SII B O Y C E , I,O U ISIA N A N O TES TO Tt IE FIN A N CIA L STA TEM F.N TS, CO N TIN U ED
' . N O TE 2 - _( ash and l~e!loporarv Cash Investm ents Continued
A t D ecem ber 31, 2000, the carrying am ount of IIA R P's cash deposits w as $132,131 and the cum ulative bank balance w as $147,513. The bank balanccs are covered by federal depository insurance and collateral held by the pledging institulion's agent in ItA R P's nam e.
C ash and tem porary cash investm ents are categorized as C ategory 1
C ategory I represents cash insured or collateralized w ith sccurilics held by the pledging financial institution's lrust departm ent or agent in }IA R P's nam e.
NOTE 3 - ],and Structurcs and !~_quipm ent
A s of l)ccem bcr 31, 2000, land, structures, equipm ent and construction-in- progress consisted of the follow ing:
Balance Balance January 1, O ther l)cccm bcr 3 I,
.2000 ~AdJjtjgns C hanges 2.0QO ._
l,and and land im provem ents $ 249,276 $ -0- $ -0- $ 249,276 Buildings and building ilnprovenlOlllS 9,060,611 -0- 25,156 9,085,767 Equipm cnl 305,863 26,366 (25,156) 307,073 Consm mtion-in-progress - 0- A]U37_22_ - 0- !..I,722
9,615,750 $~=8~088 $ -0~ 9,653,838
L5~ _69,657) [5,897~392)
]'ola $ 4,146~993
IlO U S1N G A U T tiO R IT Y O F R A PII)ES PA R 1SII B O Y C E , L O U ISIA N A N O q'l :,S "1'O Tt 11 '; FIN A N CIA l, STA TEM EN TS, C O N TIN U EI)
N O 'II'; 4 - a m ounls ]'~13(~lble
A t D ccem ber 31, 2000, am ounts payable consistcd of the follow ing
V endors $12,261 A ccounts payable - 1 lU l) 2~4Z0
14~7 31 $_
NOTE 5 - Col!!ribtRcd (~p_itJa
A t l)ecem ber 3l, 2000, contributed capital consisted prim arily of rcclassification ofl IU I) guaranteed debt previously recorded on the books of 11A R P, payable by 11U I) and secured by annual contributions. The debt docs not constitute an obligation oflIA R P and accordingly has not bccn reported in the accom pauying financial statem ents. Contributed capital also includcs the net ofaccunm lated expenses, grants and subsidies oflIA R P. A n analysis of contributed capital follow s:
B alance N et B alance
,la!LqaJ'5' ~1_ 2000 !)e~c3~lber 3~ 2000
$9~568.604 $5SN.a_!A $_9,~2~4:332
N O T1g 6 - l~eti~'c!Rcnt System
PJal)_ 1)cscriplion
IIA R P participates in a single em ployer defined contribution plan. The I lousing Authority of Rapidcs Parish Retirement t'lan (the Plan) is authorized and m ay be am ended by the Board of Com m issioners.
]lO U SIN G A U T IIO R 1T Y O F R A PID E S PA R ISH B O Y C E , LO U ISIA N A NOTI';S TO Till'; I'INANCIAL STATEMENTS, CONTINUH)
N O TE 6 - R etirem ent Sy~q_ e.~)~
Funding for lhe system is through a contribution of 13% and 7.5% by IIA R I' and its em ployees, respectively. The contribution am ount is based on the elnployee's base salary each lnonth.
IIA I/P's gross payroll for lt~e year ended I)ecem ber 31, 2000 w as $178,698 IIA R P and em ployee contributions m ade for the year ended l)ccem ber 31 2000 am ounted to $19,504 and $11,514, respectively.
N O 'I]:, 7 - Risk M anagcm ent
lIA R |' is exposed to various risks of loss related to torts; theft, dam age to and destruclion of assets for w hich IIA R P cm ries com m ercial insurance. I Aabilities are reported w hen it is probable that a loss has occurred and the anlounl of the loss can be reasonably estim ated.
N O TI:, 8 - Concenlration of Credit R isk
IIA R I' receives prim arily all of its rcvcnucs fiom dw clling rcntals and the Departnmnt ofllousing and Urban Development (tlUI)). lfthe amount of revenues received from both dw elling rentals and ]IU D falls below contract levels, llA R I"s operating results could be adversely affected.
IIO U SIN G A U T IIO R IT Y O F R A PID E S PA R ISH B O Y C E , L O U ISIA N A N O TES TO TI IF. t:IN A N CIA I. STA TEM FN TS, CON TIN U I';I)
N O TE 9 - C ontingencies
IIARI" is subject to possible examinations by regulatory agencies who determ ine com pliance w ith law s and regulations governing grants provided to IIA R P, These exam inations m ay result in reqnired refunds by IIA R I' to tim agcncies and/or program beneficiaries.
N O TI:, 10 - l)ue To/From O ther Funds
A t l)ecem bcr 31,2000, interfim d receivables and payables that resulted fiom various inlerfim d transactions w ere as follow s:
D ue fi'om D ue to
.O ther Funds O lhcr funcls
l'l IA Owned $116,975 I lousing A ssistance Cerlificate of Program - 0- 93,50d Public ] lousing Com prehensive:
hnprovem ent A ssistance Program -0- . 23,471
Total $116,975 $116,975
N O 'I'I'; 11 - C om m itm ents
A t D ecem ber 31, 2000, ttA R P has executed a capital fire d program aw ard w ith the U .S. 1)cpartm cnt of t lousing and U rban D evelopm ent in the am ount of $252,806. (See Schedule IV). SU PPL E M E N TA R Y IN FO R M A T IO N ./Jh w .no e,; 7 ~;/ tC, eH,her /'m Kq k uH ll~.liidk' ol (;(,r [iflud I 'ut )lic /',<:c( 1,6i(hu(q I C I '/', t;oc~ui), c,l I ~,tJi~,i;:pl;, Alcide ,L "lel v C i 'I', Curlihud I'uhllc /',co< W ~d(Jo ,I. M (:t '/, IN D EPEN D EN T A U D ITO R S' R EPO R T O N SU PPLI~M EN TA R Y IN FO R M A T IO N "1"o lhe ]?,oard of Com m issioners llousing A ulhorily of R apides Parish /?,oyce, Louisiana O ur report on our audit of the financial statem ents of the ]lousing A ulhorily of R apides l'arish (IIARP) appears on page 1. That audit was conducted for lhe purpose of form ing an opinion on lhc financial s/alcm cnts laken as a v,,holc. The accompanying Schedule of F, xpendilures of Federal Awards (Schedule ]) is presented for pm ])oses ofaddJlioJlal anM ysis as required by U .S. O ffice of M anagem cJlt and B udgel ('ircular A- 133, Audits of States, Local Gove.rnments, and Non-Prcf t 02:ganization~, and is not a required part of the financial statem ents. The inform ation in file Schedule of ]'~xpenditures of Federal Awards has been subjected "to tile auditing procedures applied in the audit of lhe financial stalem ents and, in our opinion, is fairly prescnled in all m aterial respects in relation to tile financial statem ents taken as a w hole. The supplementary informalion (Schedules I] lll and IV ) which are prepared in accordance W Jl}l accotllllJllg principles generally accepted in the U nited Stales of A m erica and is not a required part oflhe financial slalcm enls has been sut!jeclcd lo audiling procedures applied in the audit oflhe financial statem ents and, in our opinion, is fairly slated in all m aterial respecls in relation 1o lhe financial slalem ents laken as a w hole. YSV~N I II I DS /',Vl NUI , Iql W O I~I F ANS, I 1', (0/27 (!,()4) 294 8/33 I [',Y (5(14) .984 ,qPgf; I M All : l,rtlrli(~v{,lJlCl)~s colH IN D EPEN D EN T A U D ITO R S' R EI'O R T O N SU PPLEM EN TA R Y IN FO R M A TIO N (CONTINUED) Also, lhc supplemcntary information (Exhibits I and ll), which arc prepared in accordance w ilh accounling principles generally accepted in the U nited Slates of A m erica, has bccn subjected lo the procedm es applied in (he audil of lhe financial statemcnls and, in our opinion, is fairly slaled in all m alerial respects in relation to the financial stalcm enls taken as a v~,ho]e. B IIU N O & T F I/V A 1,O N L LP C E I/T 1FIE I) PU B L IC A C C O U N T A N T S A pril 20, 2001 . //]z'tz,,i~a 4:..7 'el~l>a.lolt ' ,\/ (;~') ~(ficd I'tH,li~ I~~ ~ & d, d, C> r) ~J Lr~ Lr~ J ~ i SC IIEI)U I3'; IX: IIO U SIN G A UTH O R ITY O F R A PII)ES PA R ISII B O Y C E , L O I.JISIA N A STATEM F~NT OF ACTUAl, M ODERNIZATION COST (INCOM t'I,I,;TE) A N N U A l, C O N TRIBU TION C ON TRA CT FW 2205 FO R T! I1'; Y I';A R EN D ED D ECI,;M BER 31, 2000 1.A 48P 129-908-99 1,A 48t'129-501-00 _T O 'I"A I Funds approved $ 384,123 $252,806 $ 636,929 - Funds expended (179.865.) 0- f!79,8651 Excess of funds approvcd $. 204.258 $2fi2,806 $4 57~964 l:unds A dvanced: G rant fim ding $ 176.900 $ -0- $3~76 9Q0 176,900 - 0- 176,900 f17P~sfi_5.) - 0- f!79,865) Excess (deficiency) of funds advanced $~ (2.965) $. -0- $=..:(2~~96 ) See Independent Auditors' Report on Supplem entary Inform ation 29 Po /.dnt J.~.l V M i(:h~:(fl I: I;tom ,, C F'A /g(:id(, .I. I<:l ~qd{u ,, .h., (:1 'A W ukto J. M orl:l, .h , (;1'1', IN I)EPI'N I)EN T A U I)ITO R S' REI~O RT ON CO M PI2A N C]'; A N D ON ]N TI~RN A ]. CO N TR OL O V ER FIN A N CIA L REPO I~.TIN G BA SED ON A N A U I)IT O F H N A N CIA I. STA TEM I~;N TS PI~.RFO ILM ED 1N A CCO RD A N CE W ITI 1 _ C_,O_Y.!.il~N__M EIN'I;_A__I.J!)JTJNG ST A~NI)A .I)S Board of Com m issioners H ousing A uthorily of R apides l'arish Boyee, 1.ouisiana W e have audiled lhe financial stalem ents of the Ilonsiug A ~llhorily of R apides Parish (1] ARP) as of and for the year ended December 31,2000, and have issued our reporl lhercon dated A pril 20, 200]. W e conducted our audit in accordance w ith auditing standards generally accepted in lhe U nited Slates of A m erica and lhc standards applicable to financial audils contained in Goyeutt77fg/Audjj'lngfl l.andard_ s, issued by the C om plroller G cncral of the U nitcd Slates. A s parl of obtaining reasonable assurance about w hether ]]A R P's financial statem ents arc fi'ee of m aterial m isstatem ent, w e perform ed tests of its com pliance w ith certain provisions of law s, regulations, contracts and grants, noncom pliance w ith w hich could have a direct and m aterial effcct on the determ ination of financial statem ent am ounts, } tow cver, providing an opinion on compliance wilh those provisions was nol an objective of our audit and, accordingly, w e do not express such an opinion. The results of our tests disclosed ,]o instances of noncon]pliance that are required to be reported undcr (;overm nent A udiling 5'K~nd.qrds. Y.ql/",N IIII K AV[NLII NIW O lIIII~,NS, II,,Tbl"22 (504) 284 ~733 I AX (504) 284 S?.q6 I M All: htlIIII(:IV(t~II)IcD}IS.CO III IN D ]~PI",N D EN T A UI)]TOR S' REPOR T ON COM PLIA N CE A N D O N IN TERN A L CON TRO L O V ER IqN A N CIA L REI)O I~,TIN G BA SEI) ON A N A U D 1T O F FIN A N CIA L STA TEM EN TS PERFO RM ED 1N A CCO RD A N CE W 1T1 ] G O V F, RN M EN T A U D ITIN G STA N D A R 1)S (CONTINUEI)) ernal C onirol O ver Financial R ep_ olr~i g 111 planning and perfornling our audil, w e considered IIA R P's inlernal conh'ol over financial reporting in order to delcrm ine our auditing procedures for lt~e purpose of expressing our opinion on lhc financial slalenacllls and nol lo provide assurance on lhc inlernal COlIIFOI over financial reporling. O re ' consideralion oflhe inlernal conlrol over financial reporling w ould nol necessarily disclose alJ m a{{ers in lhe inlcrnal control over financial reporting lhal m ighl be m alerial w eaknesses. A m alerial w eakness is a condilion in w hich tl~e design or operation ofonc or m orc oflhc inlernal conlrol com ponenls does nol reduce Io a relalively low level lhe risk lhal m isslalem enls in am ounls lhal w ould be m alerial in relalion Io lhe financial slalem enls being audiled m ay occur and nol be delected w ilhil~ a lim ely period by em ployees in lhe norm al course of perform ing lheir assigned functions. W e holed no m ailers involving lhe inlem al eonlrol over financial rcporling and ils operalions lhal w e consider lo be m alerJal w eaknesses. This reporl is inlended solely for Ibc inform ation and t~se oflbe B oard of Com m issioners , llA R P's m anagem enl, lhe Legislalive A udilor, Slale of Louisiana and lhe U niled Slales l)epal-im enl of] lousing and U rban 1)evelopm cnl and is nol inlended lo , and should nol be used by anyone olher than lhesc specified parEies. /,z,~ BllU N O & T ER V A LO N LLP C ER T IFIED PU B LIC A C C O U N TA N TS A pril 20, 2001 7'(,,I~I,oZoI~ ,,,,, '.\/ (:~:~ ~(['icd Iq~ldic A ~:r:o~ J. olirx " IIJ~/H /.O /,}'/"<./ i~(J./o/t u.~ ~ ('c~ f([i~~c~ I'~tblic A ,:co~,:H(o~if,'; \: filtd, (,I iiii1{ /',,{ ( (,tllli~;lll~, iili ,i::rl ; ih!d~ /'k( ( Otlll[;~llt ~, ]N D EP]~;N 1)EN T A U D ITO R S' REPO R T ON CO M PI,IA N CE W 1TII REQUIRI~;M ENTS APPLICABLE TO EACt t M AJOR PR O G R AM A N D IN TERN A L CON TRO L O V ER CO M PI.IAN CE IN A C CO R1)A N CE W ITH ()M B CIRCU LA R A -133 Board of C om m issioners ]loosing A ulhority of R apicles Parish Boyce, I.ouisiana C om pliance \Vc havc audiled the compliancc of the ltousing aulhorily of Ral)ides Parish (IIARP) wilh lhc types of compliancc requirements described in the ~/.S. O[fice qfM.~LLagenw!ZLq,~d Bud g~ QM B) Circular A-133 Cong)J~iawe Szq~gglemenl and Plll Nolice 96-32~ ({o?~g?licm ce Szq)l)lenTe!~ljor Ammal Audits of Public ttousing Agencies and Indian ltousing A uthoJ:ilie,v !o, lnflfl)_e.~TcJenAAj/di_toj~'v lhal are applicable to each of its major federal program s for the year ended Decem ber 3 l, 2000. H ARP's m ajor federal program s are idenlified in lhe Summ ary of A uditor's R eporls section of the accom panying Sum m ary Schedule of Findings and Qucslioncd Costs. Conapliance wilh the requirem ents of laws, regulalions, conlracls and grants applicable to each of ils major federal programs is the responsibility of ItARP's m anagem ent. O ur rcsponsibilily is lo express an opinion on IIA R I"s com pliance based on our audil. W e conducted our audil of com pliance in accgrdancc w ith auditing standards generally acceplcd in the 1Jnilcd Stales of A m erica; the standards applicable to financial audils contained in G overnm ent A uditing Standards , issued by the Com ptroller G eneral of the U nited Slates; and O M B C ircular A -133, A. _ udits qfSlat~~_lx~cal Governnjenls q!3_d. N~o*: _lb:oj~] O)'ganizntions, and Pill Notice 96-32 Con~)liance Sup2tje,~lTLfor Ao~j2?~gl Audilk of I!~tzljc ]!qu_si~ _Agencies and Indian llousing A ulkorities bY hTdepej3_d_e!?t / uclito.l.s. '111 ose slandards, O M B C ircular A -133 and P]] ] N otice 96-32, require thal w e plan and perfo,m the audil lo oblain reasonablc assurance about w hether noncom pliance w ith lhc types of d2!!~I I I Y.~;IAN I II [ I).{; AVI Iqtli , NI W ()Ill I AN',;, I A g()122 (!,0":) p~ia f~733 [ AX (b(Ir,') PSd ~',29[i I ldAII BIUFII(:IV{'IHcI>D~;COIII IN I)EPI;N D EN T A U D ITO R S' REPOR T O N CO M PI.IA N CE W ITI] REQU]REM I-~N TS APPI.ICABLE TO EAClt M AJOR PR O G RA M A N D IN TERN A L CON TR O L O V ER CO M PI.IA N CE IN A CCO RD A N CE W IT1 ] O M B CIRCU 1.A R A - 133 (CONTINUED) com pliance requircm cnls previously referrcd lo lhat could have a direct and m alcrial effect oll a major federal program occurred. An audil includes examining, on a test basis, evidence aboul H A R P's com pliance w ith lhose requirem enls and perfornfing such olher procedures as w e considered necessary in the circum stances. W e believe lhat our audit provides a reasonable basis for our opinion. O ur audil does not provide a legal delerm ination on ltA R P's com pliance w ith those requirem ents. In our opinion, IlA R i' com plied, in all m aterial respects, w ilh the requirem ents referred lo above lhal arc applicable lo each of its major federal programs for the year ended l)ccem bcr 31,2000. lnicrnal C oulrol O ver C onll)liance The m anagem cul ofl tA R P is responsible for establishing and m ainlaining effcctive inlernal conlrol over com pliance w ith rcquirem enls of law s, regulations, conlracls and granls applicable 1o federal program s. In planning and perform ing our audit, w e considered llA R I"s internal control over com pliance w ilh requircm cnls that could have a direct and m alerial elfe el on a m aior federal program in order to determ ine our auditing procedures for the purpose of expressing our opinion on com pliance and lo lest and reporl on inlelna] conlrol over com pliance in accordance w ilh O M B Circular A -133. O re consideralion of the internal control over com pliance w ould nol necessarily disclose all m allers in lhc inlcrnal conlrol lhat m ight be m alerial w eaknesses. A m alerial w eakness is a condilion in w hich the design or opcralion of one or m ore of the inlem al conlrol com ponenls does nol reduce 1o a relatively low level the risk thal noncom pliance w ilh applicable requircm enls of law s, rcgulalions, conlracls and grants lhal w ould be m alerial in relalion to a major fcderal program being audiled may occur and not be deleclcd wilhin a limcly period //h vJ . l~ o a! '/'(; rl,a lon. ,.,.,. IN 1)F.PEN I)I~;N T A U D ITO R S' REPO RT ON C OM PLIA N CE W 1TI t P, EQUIRFM ENTS APPLICAB1.E TO EAClt M AJOR I'RO G R A M A N D IN TERN A L CO N TR O L O V ER CO M PLIA N CE IN A C C O RD A N CE W ITt t O M B C IR C U LA R A - 133 (CONTINUED) by em ployees in lhc norm al course of perform ing lheir assigned funclions. W e nolcd no m alters involving internal control over com pliance and its opcration that w e considcr to be lnalcria] w eaknesses. This report, is inIended solely for lhe inform alion and use oflhe Board of Com m issioners, IlA R I"s m anagem enl, the Legislalive A uditor, Slale of Louisiana, and the U niled Slales D eparlm cnl ofltousing and U rban I)evelopm enl and is not inlended to, and should nol be used by anyone other than lhose specified parlies. /,z t" B I/U N O & T E R V A L O N I,LI) C E R T IFIE D PU B I,IC A C C O U N T A N T S A pril 20, 2001 34 }lO U SIN G A U T IIO R 1T Y O F RA PID ES I'A R ISIt SUM M ARY SCI1EI)U1,E OF FINI)INGS AND QUESTIONH ) COSTS FO R T1 ll,; Y I:~A R EN D ED D FCEM BI,;R 31, 2000 Section 1 - Sum m ary of A uditors' R eports I'Tnancial Statem ents l'ype of audflor's report issued Internal control over financial reporting: ~ M aterial wcakncss(cs) identified? N o ~ Reportable condition (s) identified that arc not considered to be m aterial w eaknesses? N o N oncom pliance m aterial to financia slalcm ents holed? N o l"ederal A wards Internal Control Over M ajor l'rograms: ~ M aterial weakness(es) idenlified? N o ~ Reporlablc condif.ion(s) identified that arc not considered lo be malerial wcakness(es)? N o Type ofaudilor's report issued on com pliance for m ajor program s: A ny audil findings disclosed that are required to be repor1.cd in accordance wil.h section 510(a) of Circular A- 133? N o 35 }lO U SIN G A U TilO R ITY O F R A PID ES PA R 1SII SUM M ARY SCt 1EDUI,E OF FIN DIN GS AND QUI~STIONEI) COSTS (CONTIN UED) FO R TH E Y EA R EN I)ED D ECEM BER 31, 2000 Section 1 - Sum m ary of A uditors' R eporls, C ontinued l'~deral A wards, Conthl ued Identification of M ajor ]hogram s C FI)A N um ber N am e of Federal Prog!iam o1 C[t!ster 4.857 Section 8 Rental V oucher Program D ollar threshold used to distinguish betw een type A and type B program s: $300,000 A uditee qualified as low -risk audi1.ee? N o 36 IIO U SIN G A U T H O R ITY O F R A PID ES PA R ISII SUM M ARY SCtlEI)UI.E OF FINDINGS AND QUF.STIONED CO STS (CONTINUED) FO R TIlE Y EA R F.N D ED D ECEM BER 31, 2000 Seclion 11 - Financial Slatem enl Findings N o financial statem ent findings noted for the year ended I)ccem ber 31, 2000 Section 111 - Federal Award Findings and Q uestioned Cosls N o federal aw ard findings and questioned costs noted for the year ended D ecem ber 31,2000 37 R APID ES PARISH H OUSIN G A UTH ORITY 119 BOYCE G ARDENS BO YCE. LA 71409 COM M ISSIONERS PHONE (2HB) 793-4751 IX~ J,L~ pAIt.tm~ V. ~ '4 pAT BOS~ RAY J~ rtrs FA~ ~ FRBIDA SHARP Z~a~O A ~ COHOS1 ~ Ot~ Adrr&fittlativ~ S t~t r.t~7 SEB U'R~ON W ILLIAM S nou~ug Clerk B runo & Trevalon LLP Certified Public A ccountants 4298 Elysian Field~ A venue N ew Orlean s, LA 70122 D ear Sirs Enclosed is the corrective ocfion plan developed by the H ousing Authority of R apides Parish w here applicable, in response to the prior years' audit findings for the year ending D ecem ber 31, 2000. The plan includes, where applicable, the corrective action plan and anticipated com pletion date. In all findings attached, M s. Patricia Boss is the contact person If any further inform ation is required, do not hesitate to contact me at (318) 793-4751 Patrieia Boss Executive D irector PBG/ Enclosures tlO U SIN G A U TH O R IT Y O F R A PID ES PA R ISll B O Y C E, LO U ISIA N A SUM M ARY SCI 1EI)ULE OF FINDINGS AN[) QUESTION EI) COSTS FO R Tt IE Y EA R EN I)ED D ECEM BER 31, 2000 Section 1V - Status of Prior Years' Findings and Questioned Costs R eference N um ber 99-1 Our review of five (5) tenants ill IIARP's owned units and five (5) ill Section 8 assisted housing program revealed the lack of docum entation to support ] lousing Quality inspections of the dw elling units. It is our understanding through discussion with the new Executive Director (hired effective August 18, 1999), that m anagem ent has instituted the necessary procedures to ensure com pliance. C urrent Status 38 IIO U SIN G A U TItO R IT Y O F R A P1D ES PA R 1SI] B O Y C E , L O U ISIA N A SUM M ARY SCI IEDULE OF FINDINGS AND QUI:,STIONED COSTS, CONTINUI,'I) FO R TIlE Y EA R EN D E1) D ECEM BER 31, 2000 Seclion IV - Sla|us of l'rior Years' Findings and Q ueslioned Costs, Conlinoed R eference N um ber 99-2 "l'hc l)cccm bcr 31, 1999 audit report for the H A R P w as not subm itted w ithin the tim cfiam c cslablished by l,onisiana l(cviscd Statute 24:513. B ased on our discussion w ith m anage,nent, w e noted that the unlim ely subm issiou w as the result of a need to secure new auditors snbseque,lt to the w ithdraw al by the previous auditors. C ur!~cnl SlOlt~s Resolved 39 IlO U SIN G A U TIIO R IT Y O F R A PII)ES PA R ISH B O Y C E , I,O U ISIA N A SUM M ARY SCI lt';I)ULI'; OF FINDINGS AND QUES"I'ION1;I) COSTS, CONTINLJt';I) FO R TltE Y EA R I~N I)I~I) D I~Ct';M BER 31, 2000 Seclion 1V - Status of Prior Years' Findings and Q uestioned Costs, Continued ] / ef~ !'_e!lc e NIJ ~_~) b e3: 99-3 Our review of five (5) Scclion 8 files revealed five (5) instances where a current leasc agrccm cnl and/or addendm n w as nol available for each tenant. In addit.ion, our review revealed five (5) instances where a contract w ith each owner was not available. It is our tm dcrstanding /hat llA R P is in the process of im plem enling the necessary procedures lo com ply w ith this requirem ent. P, esolvcd 40 }lO U SIN G A U T ItO R IT Y O F ILM 'II)ES PA R 1SI! B O Y C E, L O U ISIA N A SUM M ARY SCI II,;DULE OF FINDINGS AND QUEST1ONF.D COSTS, CONTINUI';1) FO R TtlF. Y EA R EN D ED D ECEM BER 31,2000 Seclion IV - Stalus of Prior Years' Findings and Qaeslioned Cosls, Conlinued R eference N um ber 99-4 jCo il.iol~ Subsidiary ledgers for investm ents, tenant receivable, prepaid insurance, accounts payable, etc. provided by the fcc accountant for IIA R P, did not agree to the applicable genc,al ledger conlrol accoun*.s. In addition, w e noted in the current year, unidentified am ounls of $33,899 classified as other payable in the Section 8 Program and $44,454 described as other in thc ],ow -R ent I lousing Program . C urrent Slahls Partially corrected The m anagem ent oflIA R P during the year changed its fee accountant. In addition, IIA R P has resolved the issues relating to its subsidiary and control account ledger, and the unidentified am ounts of $33,899 classified as other payable in thc Section 8 Program and $44,454 described as other in the I.ow Rent 1 lousing Program to an outstanding balance of $7,420 in the 1.ow P, ent l'rogram described as other. M anagem ent anticipates resolution of the rem aining balance of $7,420 by N ovem ber 2001. ]lO U SIN G A U TH O R IT Y O F R A PID ES PA R ISH B O Y C E , L O U ISIA N A SUM M ARY SClll,;1)UI.E OF H NDINGS AND QUESTIONH ) COSTS, CONT1N UI.;I) FO R TttE Y EA R EN D ED D ECIiM BER 31, 2000 Section 1V - Status of Prior Years' Findings and Q uestioned Costs, Continued R eference N um ber 99-5 C urrently, IIA R I' shares location offls historical records w ith its fce accountant. In addition w e noted that due to the age of its fixed assets certain docum ents arc not readily available l low evcr, w e llotcd that m anagem ent continues on a prospcctive basis, to accum ulate and retain the required fixed asset docum ents. C41rre.!]t Slaltls The m anagem ent of IIA R P has reconsidered its record retcntion policy and currently m aintains all original records in-house. In addition, m anagem cnt has obtained fixed asset inform ation from 1 ]U D and other sources to include court records. 42 }lO U SIN G A U TH O R ITY O F RA PID ES PA R IS}I BO Y C E, LO U ISIA N A SUM M ARY SCI II:3)UI,E OF F1NI)INGS AND QUEST1ONEI) COSTS, CONTIN UI'3) FO R Tt tE Y EA R EN D ED D ECEM BER 31, 2000 Section IV - Slaius of Prior Years' Findings and Q ueslioned Costs, Conlinued ] ~ e f_er.e !1_c e_ N II m b e r 99-6 W e noled ill seven (7) inslanccs of tw enty-one (21) cash disbursem cm item s tested, the lack of docnmcntalion (i.e. original invoices, m ileage calculation, registration receipts, advance rcqtlesls, etc.) to support travel advances and/or reimbursem enls. Current Status R csolvcd IIO U SIN G A U T IIO R ITY O F RA PII)ES PA R IStt B O Y C E, LO U ISIA N A SUM M ARY SCtlEI)ULI~; OF FINDINGS AND QUESTIONED COSTS, CONTINUI';I) FO R Tt 1E Y EA R EN I)ED D FCEM BI~R 31, 2000 Seciion IV - Status of Prior Years' Findings and Q uesiioned Cosls, Continued R eference N um ber 99-7 A s a part of the G A A I' conversion, IIA R P had to com pile all records relating prim arily to its fixed assets and 11U D guaranteed debt. O ur review of fixed assets schedules prepared by its fee accountant reficcted significant adjustments in order to account for all fixed assets. In particular, an adjustment was made to record land, land improvements and strtlcttlres of approxim ately $3,200,000 based on an estim ated value prepared by l IA R P's fee accountant. l,'urtherm ore, w e noted the identification of soft cost of approxim ately $730,000 by ]IA |IP'S fee accountant. W e w crc unable to satisfy ourselves due in part to the unavailability of docum entation and tim ing of our engagem ent as auditors, as to the propriety in the estim ated value of fixed assets and soft cost classifications and am ounts. M anagclncnt w as able to secure fi'om courl records the acquisition oflhe scattered site properties described as LA 129-1, by the R apidcs l~cascd Corporation. 1 low ever, w c received no docum ents upon our request to verify the subsequel~l transfer or developm ent. ('urrej1L Sta!as R csolvcd ]lO U SIN G A U T H O R IT Y O F R A PID ES PA R ISlt B O Y C E , L O U ISIA N A SUM M ARY SCt 1 t";I)UI.I'; OF FINDIN G S AND QUESTIONEI) COSTS, CONTIN UI ';1) t:O R TI IE Y EA R EN D ED D ECEM BER 31, 2000 Section IV - Status of Prior Years' Findings and Q uestioned Costs, Continued R eference N um ber 98-1 (;ondifion 1 ~ack of internal controls to ensure that individuals receiving I lA P paym ents are eligible and am ounts arc properly calculated. C urrent Stalus R esolvcd R eference N um ber 98-2 A ctual salaries for lhc ycar exceeded budgeted am ount C urrent Status R esolvcd 45 t]O U SIN G A U TItO R ITY O F R A I'ID ES PA R 1SII B O Y C E , L O U ISIA N A SUM M ARY SCI 1E1)UI.I:. OF FINDINGS AND QUI:.STION[:I) COSTS, CONTINUI,3) FO R TIlt~ Y EA R EN D ED D I';CEM BF;R 31, 2000 Section IV - Status of Prior Years' Findings and Q uestioned Cosls, Conlim led _Rcfe !'c_l)c_c_N u m b e r 98-3 The 1998 audit report w as not subm itted w ithin the tim efi'am c established by I,A S-R .S 24:513. (~tlrj_e!l_l.Stalus lZcsolvcd R eference N um ber 98-6 IIUI) l:orm 50072 did not have supporting docum entation for unit turn around and com ponent 114. Rcsolvcd 46