NYC Government Publication
Audit Report on the Department of Parks and Recreation's Monitoring of and New York One's Compliance with Its Contracts Covering City Carousels (FK10-108A)
From an audit conducted on the New York One, LLC, it was found that New York One lacked sales records and adequate internal controls over the collecting, recording, and reporting of revenues generated from its carousel operations. In addition, the sales reports were inadequate and New York One failed to comply with agreement provisions. The Department of Parks and Recreation also failed to efficiently oversee the company and recommendations have been made to both parties to try to rectify these problems.
- Agency
- Subject
- Report type
- Audit Report
- Date published
- 2011-04-14