Texas · Local government · under $2M in federal spending
Port Isabel Housing Authority
Port Isabel, TX
The FY2025 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.
Score: 0 of 100 (FY2025 audit)
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 0 | 9 |
| Repeat findings | 5 points each | 0 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 0 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 0 | 5 |
| Score | | 0 | 100 |
Federal funding, FY2025
$1,273,992 in federal awards spent, across 3 programs. Largest funding agencies:
| Agency | Spent |
|---|
| Department of Housing and Urban Development | $1,273,992 |
FY2025 audit
- FAC record
- 2025-03-GSAFAC-0000395164
- Fiscal year end
- March 31, 2025
- Accepted by FAC
- December 29, 2025
- Federal spending
- $1,273,992 · 3 programs
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2024 audit
- FAC record
- 2024-03-GSAFAC-0000348020
- Fiscal year end
- March 31, 2024
- Accepted by FAC
- December 31, 2024
- Federal spending
- $924,405 · 3 programs
- Major programs
- 1
- Score
- 3 of 100
Finding 2024-001
questioned costsother findings
- Program
- PUBLIC HOUSING OPERATING FUND (14.850)
- Compliance requirement
- Special tests and provisions
- Questioned costs
- amount not determinable
- FAC record
- FY2024 audit on fac.gov
Finding text from the filing
2024-001 - Public and Indian Housing - ALN No. 14.850. Criteria or Specific Requirement: Transfers of land from the low rent program should be approved by HUD (2 CFR Part 970). Condition: - Land (2.48 acres) that was previously approved by HUD to be leased to a tax credit entity was transferred to the Port Isabel Public Facilities Corporation to be used for a new low income housing development. The PHA could not find documentation that HUD approval was obtained, or was not required. Cause: Unknown. Effect: Land was transferred from the PHA's low rent program to the Port Isabel Public Facilities Corporation. Questioned Costs: The value of the land transferred. Repeat Finding: Not a repeat finding. Reccomendation: The PHA should obtain approval from HUD for the land transfer, or document that approval was not required. Response: The PHA will obtain the recommended documentation.
FY2023 audit
- FAC record
- 2023-03-GSAFAC-0000015244
- Fiscal year end
- March 31, 2023
- Accepted by FAC
- December 26, 2023
- Federal spending
- $1,082,008 · 2 programs
- Major programs
- 1
- Score
- 0 of 100
No findings reported.