The Sun: Overdue San Bernardino audits expected Wednesday

By Ryan Hagen, The Sun
Posted: 10/20/15 – 5:00 PM PDT |

SAN BERNARDINO >> After more than a year of delays and suspicion, an audit of the city’s 2012-13 financial statements should be finished Wednesday and presented to the City Council and public Nov. 2, according to city staffers and the audit firm.

That could answer the question many citizens, including candidates for City Council and treasurer, have lobbed at the city with increasing frequency: Exactly where did money go in the year after the 2012 bankruptcy filing, and how reliable are claims about the spending?

“In meeting with the city’s auditor, MGO, they have committed to us that they will have the fiscal year 2012-13 financial audit, including the independent auditor’s report on the assurance of whether the financial statements are free of material misstatement and whether they can be relied upon by the readers of those financial statements,” Deputy City Manager Nita McKay said Monday.

The also-overdue audit of fiscal year 2013-14 could be completed after that.

McKay said she would give a more detailed report Nov. 2.

And she said Wednesday also would be the likely completion date for a separate audit: the so-called single audit that, because of its absence, has led state officials to withhold $125,000 a month in reimbursements for the San Bernardino Employment and Training Agency since October 2014, which city officials hope to recoup once that audit is available.

Auditor Jim Godsey, of Macias, Gini and O’Connell LLP, was much less confident the single audit would be done this week, but he said the financial statement audit likely will be completed by Wednesday.

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