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Committee schedules return of OAG forensic audit report on residential property assessments for April 30
Summary
The committee agreed to bring back the Office of the Auditor General's third interim forensic audit report on citywide residential property tax assessments for further discussion on April 30; the report includes findings about assessor and CFO operations concerning property transactions.
The Budget, Finance and Audit Standing Committee agreed to bring back on April 30 the Office of the Auditor General's (OAG) third interim report for its forensic audit of citywide residential property tax assessments.
The committee record describes the report as focusing on the Office of the Chief Financial Officer and the Office of the Assessor operations relating to property transactions and including audit purpose, scope, methodology, conclusions, status of prior audit findings, recommendations, and OCFO/assessor responses. The chair asked for a motion to return the item on April 30; the motion was made and carried with no objections.
Action taken: committee voted to bring the OAG forensic audit (third interim report) back to committee on April 30 for fuller discussion and review.
