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Mount Vernon URA says 2021 audit 80% complete; urges city to finish related audits
Summary
URA officials told the board on June 17 that the agency is largely up to date on internal accounting for several years but that completion of city and federal audit filings depends on city processes and closure of related agency audits.
URA staff told board members on June 17 that the agency's 2021 audit work is about 80% complete and that the URA has taken steps to avoid past delays caused by contractor failures and lack of access to city financial records.
The presenter said the URA aims to finish the 2021 audit work by the end of the month but emphasized that the city must verify agency numbers before federal filings are complete. The presenter noted that, under HUD mitigation requirements tied to audit work, the city also must complete its audits under the Single Audit Act before the URA can be fully compliant.
Board discussion recounted past delays: staff described a period in 2015–2016 when an external contractor failed to deliver reconciliations and records, which contributed to the URA falling behind city audit schedules. Speakers said improved cooperation with later city controllers helped clear backlog years; the URA reported progress on audits for 2016 through 2019 and said 2019 has been filed with the federal government while 2020 remains outstanding. URA staff described open items as satisfied on the agency side and said they will continue working on 2022 and later years once 2021 is finalized.
Why this matters: HUD and federal single-audit rules tie grant compliance to timely audited financial statements. URA members said they want to ensure the agency's books are complete so the city's auditors can proceed without delay.
Next steps: URA staff and the agency accountant said they will complete the 2021 items and then move immediately to a hit list for 2022; the board urged pushing auditors and the city to verify numbers so federal filings can proceed.
