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Internal Audit Report of the Emergency Rental, Mortgage, and Utility Assistance Program
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Summary and Background Information:
On April 1, 2024, City Council requested an audit of the rent subsidies expended in periods 2023-24 for the Emergency Rental, Mortgage, and Utility Assistance Program (ERAP). The audit was performed internally by City Finance Department staff during July of 2024.
Senior Auditor Julie Rekart, who is also a Certified Public Accountant (CPA) and Tax Audit Supervisor Tyler Magnuson, who is also an Enrolled Agent (EA) conducted the audit. The time period examined under the audit covered the 2023 fiscal year and first quarter of 2024. The purpose of this presentation is to provide the results of the internal audit to City Council.
Please see additional attachments for more information:
• Presentation summarizing internal audit results
• Detailed ERAP Internal Audit Report
• ERAP Cases Over $10,000
• Revised Operating Procedure for ERAP
Staff Responsible (Department Head): Theresa Wilson, Director of Finance
Staff Members Presenting: Jim Tolbert, Assistant City Manager and Tyler Magnuson, Audit Supervisor
Financial Impact: N/A
Funding Source: N/A
Staff Recommendation: Please see “Detailed Findings and Recommendations” section of internal audit report and revised ERAP Operating Procedures
Suggested Motion: N/A