Title
Gainesville Community Reinvestment Area Project and Fiscal Management Audit (B)
Explanation
During this engagement we reviewed policies, procedures, and internal controls around Gainesville Community Reinvestment Area project and fiscal management processes. The following opportunities for process improvement were identified:
1. Project and Fiscal Management - Project and program milestones and budgets were not consistently established, diverse and local spending reporting contained inaccuracies, project funds were moved between projects and programs with little to no expenditures, project descriptions and projected costs were not provided in the 10 year plan, and expenditures to date were not tracked, monitored, or reported to stakeholders.
2. Policies and procedures to guide project and fiscal management expectations and roles and responsibilities were not documented.
3. Conflicts of Interest - Process improvements previously recommended to manage actual or perceived conflicts of interest were not established.
Fiscal Impact
None.
Recommendation
The Gainesville Community Reinvestment Area Advisory Board hear a presentation of the report from the City Auditor’s Office.