REPORT TO STADIUM AUDIT COMMITTEE
SUBJECT
Title
Status of Harvey M. Rose Associates Audit Recommendations
Report
BACKGROUND
On November 27, 2017, staff presented (1) standard audit recommendation tracking matrix listing the thirty-seven audit recommendations, (2) designation for the status of the recommendation (e.g., Complete, Partially Complete, or Not Implemented), and (3) action taken so far to the Ad-Hoc Stadium Audit Committee (Committee). As stated at that time, this matrix will be used as a tool to demonstrate staff's progress going forward and will continue to be presented to the Committee at future meetings.
The following table reflects staff's previous and current progress towards implementing the thirty-seven audit recommendations:
Table 1: Status of Audit Recommendations (as of March 2018)
Status
Progress of Audit Recommendations as of November 2017
Progress of Audit Recommendations as of March 2018
% Change
Complete
10
18
80%?
Partially Complete
14
14
0%?
Not Implemented
13|1010|62%?
TOTAL
37
37
At the November meeting, staff proposed a four month work plan for the audit recommendations that we planned to address, recognizing that timing and prioritization was very important to maximize budget development, manage resources/capacity, and address other key operational matters. The Committee's action to direct a work plan was wise and has allowed for significant progress on the above audit recommendations over the past three months. In addition, as staff suggested a well-paced process, this has allowed for us to produce quality documents in other business affairs of the SCSA Board. As background, the steps for moving forward were proposed as follows:
Table 2: Status of Work Plan Milestones (November 2017 - March 2018)
Ad Hoc Committee Work Plan Milestones
Status
Budget Development (ETA = March 2018) - Staff prioritized audit recommendations that had an impact on budget development. These recommendations were included i...
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