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Transcripts For SFGTV 20130726

Compliance reports for mta, report on [inaudible]. And also a single audit report for sfo. I did want to highlight on this slide that in the prior years single audit report, there was one finding in relation to noncompliance with the davis beacon requirement with respect to the timeliness of submission of weekly certified payroll reports. We do anticipate adding this to our current year schedule. Well be looking to ensure that the recommendations have been implemented. Okay. Then if i may refer you to slide 18, slide 18 really highlights our audit timeline and key dates. We are currently in the planning and interim fieldwork phase which is expected to continue through august 2013. Our final fieldwork is scheduled for september through january 2014. And our expected date of issuance of the Financial Statements is october 25th. That also includes any significant deficiency reports. And the issuance of the single audit report is expected to occur before january 31st, 2014. On slide 19, i

Transcripts For SFGTV 20130729

Retirement at the conclusion for the planning of the next audit so you can hear from them directly. Thank you very much. Colleagues, are there any other questions . Okay, seeing none. Thank you. Next i would like to go over the report that we have, which is the single audit report. The single audit is a [speaker not understood] and compliance audit. For 2012, we have selected 18 major programs which cover 13 different city departments. We have three findings as a result of our single audit. The first one related to Different Health programs at the department of Public Health and it is on the subject to pay [speaker not understood] requirement. What that requirement entails is any time the city passes funding onto an external entity whether it be a nonprofit organization, any cdos, or any other local government, the city as the primary grantee would have the responsibility of monitoring those other entities to make sure they are in compliance with the federal requirements. The finding r

Transcripts For SFGTV 20130801

Financial statements of hss, mta, puc, and sfo. We will also be issuing a single audit report for mta, a tda compliance letter for mta. Various agreed upon procedure reports, various public compliance reports for mta, report on [inaudible]. And also a single audit report for sfo. I did want to highlight on this slide that in the prior years single audit report, there was one finding in relation to noncompliance with the davis beacon requirement with respect to the timeliness of submission of weekly certified payroll reports. We do anticipate adding this to our current year schedule. Well be looking to ensure that the recommendations have been implemented. Okay. Then if i may refer you to slide 18, slide 18 really highlights our audit timeline and key dates. We are currently in the planning and interim fieldwork phase which is expected to continue through august 2013. Our final fieldwork is scheduled for september through january 2014. And our expected date of issuance of the Financial

Transcripts For SFGTV 20130804

Mta, puc, and sfo. We will also be issuing a single audit report for mta, a tda compliance letter for mta. Various agreed upon procedure reports, various public compliance reports for mta, report on [inaudible]. And also a single audit report for sfo. I did want to highlight on this slide that in the prior years single audit report, there was one finding in relation to noncompliance with the davis beacon requirement with respect to the timeliness of submission of weekly certified payroll reports. We do anticipate adding this to our current year schedule. Well be looking to ensure that the recommendations have been implemented. Okay. Then if i may refer you to slide 18, slide 18 really highlights our audit timeline and key dates. We are currently in the planning and interim fieldwork phase which is expected to continue through august 2013. Our final fieldwork is scheduled for september through january 2014. And our expected date of issuance of the Financial Statements is october 25th. T

Transcripts For SFGTV 20130807

But because the proposed rate was used for reimbursements, we did identify a question caused in this item. So, we report this particular finding. And i think the department is here to speak on this item as well. Sure, lets bring them up. Yes. Department of environment. Hello, commissioners. Joe [speaker not understood], department of environment. This issue came up because were using the proposed rate of the icrp when we were creating the budget for this agreement. And subsequent to that, the actual approved rate was different than the one that we had put into the agreement. So, this audit actually brought it to our attention and since then we have rectified that with the Funding Agency and made our indirect rate conform to the approved icrp rate. Thank you. Thank you. So, that was the last of the findings from our single audit report. Do you have any questions from the audit report from 2012 so far . No, i think weve peppered your presentation with our questions. Supervisor campos has

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