Title
Review of CDBG/Home Funds (B)
Explanation
In accordance with our Annual Audit Plan, the City Auditor's Office has completed a Review of CDBG/HOME Funds. The primary objective of our audit was to evaluate the system of management control over the CDBG/HOME funding process to ensure these funds are adequately monitored and regulations complied with. During our review we interviewed key personnel, analyzed operating data and evaluated management controls.
Based on the results of our review, we believe the Housing & Community Development Division has strong management controls in place over the CDBG/HOME funding process. The attached report provides five recommendations which we believe will help to strengthen management controls related to monitoring recipients and obtaining adequate documentation related to compliance and reporting.
We request that the Committee recommend the City Commission accept our report and management's response. Also, in accordance with City Commission Resolution 970187, Section 10, Responsibilities for Follow-up on Audits, we request that the Committee recommend the City Commission instruct the City Auditor to conduct a follow-up review on recommendations made and report the results to the Audit, Finance and Legislative Committee.
Recommendation
The Audit, Finance and Legislative Committee recommends the City Commission:
1) Accept the City Auditor's report and the response from the City Manager; and
2) Instruct the City Auditor to conduct a follow-up review on recommendations made and report the results to the Audit, Finance and Legislative Committee.