From an audit conducted on the USTA National Tennis Center Inc., the USTA has generally followed the provisions of its lease agreement with the city and has adequate controls over its revenue collection and reporting functions. The USTA made appropriate payments, but understated its revenue and must establish guidelines for issuing and reporting this data to the city.
An audit report in which an analysis was conducted to provide data on the overall financial activities of 97 union-administered funds that received City contributions during Fiscal Year 2003.