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City auditors report clean CAFR, targeted single‑audit findings; controller rolls out performance scorecards
Summary
External auditors issued unmodified opinions on the city's 2015–16 comprehensive annual financial report but reported qualified single‑audit findings tied to several federal grants; the Controller's office presented new online performance scorecards and a benchmarking report to help track city programs.
External auditors and the Controller's office presented audit results and day‑to‑day performance metrics to the Government Accountability and Oversight Committee on May 17.
Independent auditors (KPMG and MGO) reported that the city's Comprehensive Annual Financial Report (CAFR) for fiscal year 2015–16 received unmodified (clean) opinions. The single‑audit — which examines federal grant compliance — produced qualified opinions on two programs and identified several findings, including procurement documentation for a fire department grant, a HOME program loan that exceeded…
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