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DS-17-035 Audit Process

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A comprehensive audit timeline.

Published in: Government & Nonprofit
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DS-17-035 Audit Process

  1. 1. City of Killeen Management Audit/Risk-Based Analysis of Selected Areas Estimated Budget to Deliver Revised Scope of Services Line Item Description Total Estimated Cost A Planning and Quality Control $34,708
  2. 2. Line Item Description Total Estimated Cost B Select Management Audit Areas for Risk- Based Analysis 1 Capital Outlays (Scope Period FY 2006 through FY 2016): Conduct an analysis of the City's significant capital projects during the period FY 2006 through FY 2016 to determine if fraud and/or gross mismanagement exist and determine: (1) What were the reasons for this dramatic increase in spending? (2) How were these capital projects financed (e.g., bond issuance, federal/state grants, general fund revenues/reserves)? (3) Were there significant cost overruns (change orders due to renovations, etc.)? $62,492
  3. 3. Line Item Description Total Estimated Cost 2 Use of Bond Money (Scope Period FY 2002 to FY 2017): Review the City's major bond issuances from FY 2002 to present to determine: (1) Were bond funds spent legally and for the purpose for which the bonds were approved [e.g., were idle funds used for other purposes]? (2) Were funds remaining after project completion, if any, used appropriately and legally? $84,448
  4. 4. Line Item Description Total Estimated Cost 3 Inter-Fund Transfers (Scope Period FY 2010 through FY 2016): Review the significant transfer of funds between the enterprise and special revenue funds to determine: (1) Were transfers from restricted funds allowable and legal? (2) Were the transfers authorized? (3) Are the City's policies governing inter-fund transfers adequate to prevent misuse or misallocation of restricted funds? $32,176
  5. 5. Line Item Description Total Estimated Cost 4 Pay Increases (Scope Period FY 2014 to FY 2017): Review the City's fiscal planning for the short-term funding and long-term impact of the 3 percent City-wide cost of living adjustment (COLA) and the 8 percent salary increase for civil service positions implemented in June 2014 and October 2014, respectively. $22,751
  6. 6. Line Item Description Total Estimated Cost 5 Analyze City/Owner Agreements (Scope Period FY 2002 through FY 2016): Review the City's City/Owner agreements to determine if the City's participation is in keeping with best practices. $36,692
  7. 7. Line Item Description Total Estimated Cost 6 Private Roadway Ownership (Scope Period FY 2002 through FY 2016): Review City participation, if any, in private roadway maintenance/improvement and compare the City's private roadway ownership and City participation to best practices to assess the overall efficiency of the City's arrangements. $41,773
  8. 8. Line Item Description Total Estimated Cost 7 Spending During Post-Recall Period (Scope November 2011 to May 2012): Review significant expenditures during the six-month period without a fully-seated Council to determine: (1) Did Council ratify expenditures as required? (2) Is there any evidence of fraud or abuse of funds during the period? $34,892
  9. 9. Line Item Description Total Estimated Cost C Mid-Audit Briefing to Audit Advisory Committee $10,092
  10. 10. Line Item Description Total Estimated Cost D Written Report with Findings and Recommendations $34,432
  11. 11. Line Item Description Total Estimated Cost Total $394,456

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