Barbara Lickness wrote: > I stated in my post that neighborhoods recieve > either audits or financial compliance reviews. > Those neighborhoods that recieve less than > $50,000 of NRP funds recieve a financial > compliance review. Those who recieve over > that recieve a full audit. ... > Perhaps Michael is not aware of the extensive > audits that take place in many neighborhood > associations because his own neighborhood > association recieves way less than the minimum > amount required for an audit on an annual basis. > His neighborhood requires only a financial compliance > review. There seems to be a little confusion here. Ms. Lickness states that neighborhoods that receive less than $50,000 of NRP funs receive a financial compliance review. So is this $50,000 a year or $50,000 over the length of the program? Ms. Lickness seems to imply that PPERRIA received less than the minimum amount required for an audit each year, but over the term of the program PPERRIA has received $3,615,735. The average would be $361,573.50 over ten years, would this mean that PPERRIA never received a full audit? So, has PPERRIA ever had a full audit and if so would you please post a copy of it here? It would seem that if it is important enough to post Development Plans it would also be important to post audits.
Since Ms. Lickness is being so forthright perhaps could also tell us she can tell us what percentage of of neighborhood contractors fit into the full audit category and what percentage do not? And, if these auditory controls are so effective, could you explain what happened with Southside Neighborhood Housing Services? Did all of problems occur within the last year since the previous audit? Another interesting figure would be the total dollars that have been released without being audited. If what Ms. Lickness says is true and then my guess is that it is possible that a large portion of the total NRP budget could be expended without ever being audited (if distributed in amounts of $50,000 annually by all of the contractors over ten years). Regardless, it just irks me, as happened in my neighborhood, that a $600,000 subsidy can be handed over to one developer without a competitive bid. It's not the Target Center, but $600,000 is still a lot of money. I would assume that PPERRIA received an audit for this year in which this occurred, is that correct? Anyone remember the rounding error embezzlements? In the early days of computers it was possible to reroute the pennies when transactions when rounded off to whole dollars or cents. Over a large number of transactions these figures could amount to hundreds of thousands of dollars. When the amounts involved are not pennies, but $50,000 increments there's a lot of room for abuse and mismanagement. Michael Atherton Prospect Park TEMPORARY REMINDER: 1. Don't feed the troll! Ignore obvious flame-bait. 2. If you don't like what's being discussed here, don't complain - change the subject (Mpls-specific, of course.) ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
