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Audit committee hears midpoint update on CIB community-projects review
Summary
Dr. Britt and staff told the St. Paul Audit Committee they are midstream on an audit of the community-projects portion of the Community Investment Budget (CIB), describing methods, a draft timeline and early themes from interviews and data mapping; the team recommended possible public engagement options and said a February report is aspirational.
The St. Paul Audit Committee heard a midpoint briefing on the audit of the community-projects portion of the Community Investment Budget (CIB) from Dr. Britt and Office of Financial Services staff, with the audit team outlining its methods, an aspirational timeline and preliminary findings.
Dr. Britt, audit consultant, told the committee the review focuses on three question sets: process mechanics, community engagement, and equitable distribution of CIB funding. She said the team is combining quantitative analysis — including GIS mapping done by the Minnesota Compass team — with qualitative interviews of Office of Financial Services (OFS) staff, CIB committee members and applicants to the program.
The audit team reported it has completed “group interviews” with OFS staff and three of four planned…
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