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Oversight committee hears controller—s audit schedule, upcoming bond issuances and work-plan adjustments due to COVID deployments
Summary
Controller—s staff briefed the Citizens General Obligation Bond Oversight Committee that nine geobond expenditure audits are complete, the 2016 affordable housing audit is slated for issuance in March 2021, and the Seawall safety audit will resume after that; staff also outlined a proposed meeting cadence and plans for a housing perception survey and an independent whistleblower review.
Peg Stevenson (committee staff) and Anna Vandegna (public finance manager) walked the committee through the bond issuance calendar and the committee—s work plan. Vandegna said the city has been busy with geo bond issuances; upcoming items on the forward calendar include the affordable housing bond, the MTA bond sale, a health and recovery bond, and the Embarcadero Seawall issuance. She said staff is also working on a bond refinancing and a potential second issuance of a prior program.
Mark De La Rosa of the Controller—s…
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