The objectives of this audit are to identify Proposition H revenues collected and expended in fiscal year 2016, the status of any projects and programs funded by Proposition H, and the unspent monies on deposit that were carried over into the current fiscal year, as required by Long Beach Municipal Code 3.80.227. The audit period has been defined as October 1, 2015 through September 30, 2016. The report will be issued by January 31, 2017.
The audit will be a limited review of selected contracts throughout the City to evaluate the adequacy of the City’s monitoring procedures and internal controls over the administration of contracts. The audit will also evaluate the vendor’s compliance with key contract provisions. While separate reports will be prepared for each contract reviewed over the next year (beginning June 2015), a summary report that compiles the results will issued at the end of the audit.