This audit determines whether the Staten Island Yankees paid the NYC Economic Development Corporation the rent in accordance with lease provisions and whether the payments were paid on time. The audit finds that they maintained the required property and liability insurance but did not determine whether they owed the Corporation for rent due to weaknesses in their records.
This follow-up audit determines whether the Office of Actuary has implemented the 6 recommendations presented in a previous audit, Audit Report on the Financial Practices of the Office of the Actuary.
From an audit conducted on the New York City Marketing Development Corporation, it was found that the Corporation accurately reported revenue and expenses. However, proper payments still need to be made and funds need to be reported with formal procedures. Recommendations have been made to rectify these issues.
From an audit conducted on the Department of Education (DOE), it was found that the DOE is adequately administering the high school admissions process. However, the training of middle school guidance counselors can be improved, as there are weaknesses in their role in the process. Recommendations have been made to rectify these issues.
From a follow-up audit conducted on the Department of Buildings (DOB), it was found that the DOB did not implement a majority of the recommendations given to them. They have not improved their security and continue to lack a backup generator and efficient procedures. Recommendations have been made to address these issues.
From an audit conducted on the Municipal Employees Welfare Fund of the International Union of Operating Engineers, Local Union 15, 15A, and 15C, it was found that the Fund complied with procedures and requirements set forth in the Comptroller's Directive 12, as well as other applicable guidelines. However, there are weaknesses in the Fund's financial and operating practices, and recommendations have been made to rectify these issues.
An investigation was conducted on the Automated City Register Information System to search records and view documents for properties in Manhattan, Queens, Bronx, and Brooklyn. This System was placed to improve access to information. The results of the investigation show that the System met the system requirements; however, it had not hire a consultant, as recommended by the Comptroller's Directive, and therefore does not have adequate control to identify improper user IDs.
An investigation was conducted to determine whether the Brooklyn Baseball Company LLC paid the City the rent due as said in its lease agreement and whether they had implemented the recommendations made in the Audit Report on the Compliance of Brooklyn Baseball Company LLC with Their Lease Agreement. The results of the investigation show that the Company maintained teh required insurance. Unfortunately, the Company still violated its lease agreement where they based their attendance on ticket count rather than turnstile count.