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The original item was published from 3/31/2022 11:40:44 AM to 5/4/2022 5:05:04 PM.

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Internal Audit

Posted on: April 6, 2022

[ARCHIVED] New Audit Follow-Up Released - Capital Projects Administration: Property Acquisition

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Internal Audit has released a new follow-up report covering operational changes made in response to the Audit of Capital Projects Administration: Property Acquisition (PDF).  

The Real Estate Division has implemented effective procedures for acquisition of real estate assets and their reporting to Accounting; however, document retention processes and staff training requirements need improvement.

A request for qualifications process was completed to ensure qualified appraisers are available for valuation of real estate assets prior to their acquisition.

Additional details can be found in the full Follow-Up Review of Capital Projects Administration: Property Acquisition (PDF) report.

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