A recent audit performed by the N.C. Office of the State Auditor shows that the North Carolina Office of State Budget and Management (OSBM) properly accounted for, allocated, and disbursed State Fiscal Recovery Funds in accordance with State Fiscal Recovery Fund legislation. Auditor Beth Wood’s office released a report on the findings Tuesday.
Another report out this week from the N.C. Office of the State Auditor shows inadequate monitoring of funds and deficiencies from departments including the N.C. Department of Public Safety and N.C. Pandemic Recovery Office. The newly released Statewide Single Audit examined funds that come primarily through federal grants like Medicaid, highway, and bridge funding, and,