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Audit Report on the Compliance of Sterling Mets, L.P., (New York Mets) With Their Lease Agreement and Fees They Owed the City

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An audit report was filed on June 30, 2003 on the compliance of Sterling Mets, L.P., (New York Mets) with their lease agreement and fees they owed the city, specifically those incurred in the time period January 1 tp December 31, 2001. It was determined that Sterling Mets owed the city a total of $4,560,631 which accounts for understating revenue, overstating allowable deductions and credits, and previous audits for which Sterling Mets did not pay their dues. It was recommended that Sterling Mets pay their dues in full to the City. (FN03-115A)

Agency
Subject
Report type
  • Audit Report
Date published
  • 2003-06-30