Download
slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
SCO Audits PowerPoint Presentation

SCO Audits

382 Vues Download Presentation
Télécharger la présentation

SCO Audits

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. SCO Audits • Redevelopment Agency Reviews • Property Tax Audits • State Mandated Cost Audits • Other Local Government Audits 2013 State Controller’s Conference with County Auditors DoubleTree Hotel Sacramento

  2. SCO Audits Presented by: JEFFREY V. BROWNFIELD, CPA, CHIEF DIVISION OF AUDITS (916) 324-1696 JBROWNFIELD@SCO.CA.GOV WALTER BARNES, CHIEF SPECIAL AUDITS (916) 327-5050 WBARNES@SCO.CA.GOV STEVEN MAR, CPA, CHIEF LOCAL GOVERNMENT AUDITS BUREAU (916) 324-7226 SMAR@SCO.CA.GOV JIM L. SPANO, CPA, CHIEF MANDATED COST AUDITS BUREAU (916) 323-5849 JSPANO@SCO.CA.GOV

  3. Agenda • Division of Audits - Overview • RDA Asset Transfer Reviews • Property Tax Audits • State Mandated Cost Audits • Other Local Government Audits • SCO Website • Questions

  4. AB 1248 – Controller: Internal Control Guidelines Applicable to Local Agencies • On or before January 1, 2015, the Controller shall develop internal control guidelines to prevent fraud and detect financial errors and post to the SCO website • Input from: • League of California Cities, • California State Association of Counties, • California Special Districts Association, and • California State Association of County Auditors

  5. RDA Asset Transfer Review Update and Results • Review Universe 402 Agencies • Final Reports Issued 87 • Reports In-Process 121 • Total Dollar Findings $3.4 Billion • Anticipated Completion Date December 31, 2014

  6. RDA Asset Transfer Review Update and Results (continued) COMMON FINDINGS: • Unallowable transfers of fixed assets (buildings, property, parks, etc.) to the City, County, City and County or other local agency (generally an EDC) • Transfers of housing assets (including Low/Mod assets) directly to the Housing Agency • Assets not transferred (still on the former RDA’s books) to the successor agency • Other unallowable transfers –cash transfers, including bond proceeds to the City, County, City and County or other local agency

  7. Property Tax ERAF and Unitary Apportionment Corrections • Can the counties remove ERAF prospectively beginning with fiscal year 2013-14 or 2014-15 depending on timing? • If a prospective adjustment is allowed, how will the SCO handle prior year audits where the SCO noted an audit finding? • Can the counties use the Contra Costa method or the SCO method to distribute unitary taxes?

  8. State Mandated Cost Audits • SCO Role in the Mandate Process • Division of Accounting and Reporting • Division of Audits • Interaction with the Commission on State Mandates (CSM) • Interaction with counties and county representatives • Filed County Claims FY 2011-12 629 claims $56 Million FY 2010-11 779 claims $113 Million FY 2009-10 952 claims $234 Million FY 2008-09 1,032 claims $167 Million

  9. State Mandated Cost Audits (continued) • 2012-13 Published County Audits • 14 audits (consisting of approximately three years of claims) • $65 million in claimed costs and $15 million in adjustments (primarily ineligible costs), a 23% error rate • 2013-14 Budget Act Funding for Local Agencies • $48 million for FY 2004-05 through FY 2011-12 claims • April 30, 2013, Deficiency for Local Agencies - $1.9 billion • $720 million for funded programs • $380 million for unfunded programs • $800 million for 15 years Proposition A payment plan (FY 2003-04 and prior years)

  10. State Mandated Cost Audits (continued) • Outstanding County Appeals (Incorrect Reduction Claims) with the CSM: • 14 filed in the following years (7 are for mental health programs): 2005 – 1 2007 – 3 2010 – 2 2013 – 5 2006 – 1 2009 – 1 2012 – 1 • Pending Mandates Redetermination • Sexually Violent Predators Program Effective FY 2011-12 • New Mandated Programs • FY 2012-13 - Tuberculosis Control Effective FY 2002-03 • FY 2013-14 - California Public Records Act Effective FY 2001-02 • Alternatives to Filing a Mandate Claim

  11. SCO Website WWW.SCO.CA.GOV Links to Audit and Oversight Reports, and More Information • Controller's Redevelopment Asset Reviews • Controller's Audits of State and Local Agencies • Controller's Revenue Audits • Controller's Oversight of Independent Auditors' Audits of Local Agencies • Search for Additional Audits • Information on Ordering Printed Copies of Controller's Audits

  12. Questions