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Audit Report on the New York Yankees Rental Credits for the First Quarter of 2008 (January 1 - March 31, 2008) (FR09-089A)

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From an audit conducted on the New York Yankees, it was found that the Yankees overstated its rental income to the City. The Yankees charged an excess of expenses to the City, violating the lease agreement they made with the Department of Parks and Recreation. In addition, certain expenses lack sufficient documentation and it is unreliable to charge them to the City. Recommendations have been made to address these issues.

Agency
Subject
Report type
  • Audit Report
Date published
  • 2009-02-02