NYC Government Publication

An audit report was filed on June 27, 2008 on the compliance of Brooklyn Baseball Company (BBC), L.L.C., with its lease agreement for the period November 1, 2004 to October 31, 2006. This audit determined whether BBC paid the City the rent due in accordance with the lease agreement and complied with other provisions of the agreement. It also determined whether BBC implemented the recommendations made in the priod audit (FM05-080A, January 27, 2006). It wad determined that BBC maintained the required property and liability insurance that named the City as an additional insured party, contributed required payments into a sinking fund, and submitted required reports on time. BBC also paid required water and sewer charges and reimbursed the City for electricity use. However, BBC underreported actual attendance to Parks and failed to pay fees in special event net income. Only one of the prior audit's three recommendations was implemented. Recommendations were made to rectify these issues.

Agency

• Comptroller (COMP)

Subject

• Finance and Budget

Report type

• Audit Report

Date published

• 2008-06-30

Items

Thumbnail	Title	Date Uploaded	Actions
	6298_Audit_Report_on_the_Compliance_of_Brooklyn_Baseball_Company__L_L_C___With_Its_Lease_Agreement.pdf	2020-05-08	Download