City of New Orleans 2008 Financial Audit

By Brian Denzer

The City of New Orleans 2008 Financial Audit can be downloaded here.

This was acquired by first applying in July to Council Member Cynthia Hedge-Morrell, the Chair of the City Council Budget, Audit, and Board of Review Committee. Mrs. Hedge-Morrell could not supply a copy of the audit, but a member of her staff referred the request to the City Attorney’s office. Sarah Garrett, an Administrative Assistant in the City Attorney’s office, promptly replied that she had obtained a copy of the audit, and would either make the copy available for review in the City Attorney’s office, or would furnish a copy at fifty cents a page.

This copy was scanned in the City Attorney’s office and printed as a PDF document. It took approximately two hours to scan the document.

Normally, audits are posted on the Louisiana Legislative Auditor’s Web site. An LLA representative said that the audit would not be posted until the contracted auditor responded to outstanding questions concerning the completeness of the report.

A financial audit is required by the New Orleans Home Rule Charter to be completed within six months after the close of a fiscal year.

The City Charter, Section 6-108 (1), states:

The Council shall execute an agreement with a Certified Public Accountant or firm of Certified Public Accountants for the purpose of securing an audit of the accounts of the City and may execute such an agreement for the purpose of securing an audit of the accounts of any office or public body that receives or expends City funds, including non-municipal offices and public bodies.

The City Charter, Section 6-108 (2) states:

As soon as practicable and in no event later than six months after the close of the fiscal year, the accountant or accountants shall submit to the Council a report upon the transactions of the year just completed.

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