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Council auditor follow-ups flag remaining issues in real estate and building inspection audits
Summary
Council auditor staff presented two follow-up reports (832B and 805B) showing several unresolved issues: unreconciled capital assets and surplus properties in the real estate audit, and access-rights, fee and escrow reconciliation problems in the Building Inspection Division audit.
A representative of the City Council auditor’s office presented two follow-up audit reports to the True Commission.
Report 832B (real estate audit follow-up) was described as the second follow-up to an earlier audit. The auditor’s representative said the original audit identified 16 issues; the first follow-up cleared nine, and the second follow-up cleared four more, leaving three unresolved issues. The remaining items include unreconciled capitalized land and building assets (168 properties identified originally), disposition and acquisition journal entries not reflected on the balance sheet, and 129 surplus properties not disposed in a…
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