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Audit finds City of El Paso budget transfers largely compliant; OMB formalizes procedures
Summary
An audit of City of El Paso budget transfers found supporting documentation and approvals were in place; the Office of Management and Budget created a formal standard operating procedure and the committee accepted the audit report unanimously.
The Financial Oversight and Audit Committee voted unanimously to accept the audit report on the City of El Paso’s budget transfer process, which found that transfers were generally supported and approved in accordance with established limits but that the Office of Management and Budget (OMB) had not maintained a single formal standard operating procedure for the process.
The audit, covering Sep. 1, 2024, through Apr. 9, 2025, tested whether OMB had written procedures, whether departments provided required budget-status reports with transfer requests, and…
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