Upon completing a compliance review, what may the Agency do if it suspects missing funds?

When an agency suspects that there may be missing funds following a compliance review, initiating an investigation immediately is a critical step. This proactive approach allows the agency to gather evidence, examine records, and understand the full extent of the issue as quickly as possible. It helps ensure that any discrepancies can be addressed efficiently, and any potential wrongdoing is investigated thoroughly.

Investigative actions can include interviewing relevant parties, reviewing financial statements, and analyzing the property manager's practices. Timely action is essential to prevent further loss and to maintain financial accountability.

In contrast, other options may not adequately address the urgency of the situation. Requesting a meeting with the property manager could delay the investigation process or lead to the destruction of evidence. Waiting for the property manager's response may result in crucial time lost in resolving the situation. Informing the public would typically not be appropriate unless an investigation concludes that there's a significant issue affecting a broader community interest, as this could potentially jeopardize the integrity of the investigation and the privacy of those involved. Therefore, immediately initiating an investigation is the most effective course of action in such scenarios.