From an audit conducted on the Department of Finance (DOF), it was found that Commercial Motor Vehicle Tax (CMVT) data, administered by the DOF, is accurate, secure and accessible. However, the billing process is weak, with an unpaid balance of $8 million and tax stamps not being properly administered. Recommendations have been made to address these issues.
From an audit conducted on Lakeside Restaurant Corporation, it was found that Lakeside did not comply with most of the major terms of its license agreement with the Department of Parks and Recreation. Although Lakeside maintains the required insurance and security deposit, it suffers from internal control weaknesses and deficiences over the collecting, recording and reporting of revenue, leaving potential for fraud. Recommendations have been made to address these issues.
The Department of Cultural Affairs supports and strengthens NYC's cultural life. The Cultural Development Fund is a merit-based fund for cultural organizations. This audit determines whether the Department followed with its requirements relating to awarding the Fund grants to cultural programs.
The Department of Investigation acts as a watchdog for the NYC government, City-funded programs, and City contracts. The Departmet invesigates prosecution cases of fraud and unethical conduct. This audit determines whether the Department has adequate controls over its personnel, payroll, and timekeeping practices.