Annual Financial Audit

Would you require each city agency to perform an annual financial audit?


Clifton

Mack Clifton

"Yes."

Dixon

Shelia Dixon

"We must first address the outstanding audits. Moving forward, I would conduct a thorough initial financial and performance audits of every City agency based on the transition committee’s recommendations. Thereafter, we should likely transition to “risk-based” audits to ensure that the areas of City government (at the agency, program or fund level) where the greatest likelihood and impact of mismanagement, financial misstatement and/or failure to comply with laws and regulations are given heightened attention.

Holding agencies accountable for their performance against a defined set of goals and ensuring that sound financial management practices are used by the agencies is the foremost management responsibility of any executive, including the Mayor of Baltimore.

We will conduct performance audits. During the transition process, I will establish a committee of agency representatives and industry representatives to develop a clear plan for financial and performance audits of every city agency, identify the level of resources necessary to implement the plan and a transparent means of conducting and reporting the audits.

We would audit all city agencies. We must first define and achieve clarity of roles and responsibilities to minimize duplication of effort among the Finance Department, Comptroller’s Office, Office of the Inspector General and Citistat, as well as state and federal agencies which also have routine audit requirements. Additionally, I would submit audits to the Board of Estimates and the City Council’s committee of jurisdiction and post audits on the City website."

Embry

Elizabeth Embry

"Yes. And I would require the results of the audit, as well as the steps the city is taking to address deficiencies identified in the audits."

Girard

Armand Girard

"Yes.  The only real issue is the homicide rate of 55 per 100,000.  New York is 5, Boston is 3.  Unless we reduce that and make our city safe, all else is not too important.  Interesting that most articles, forums, questionnaires like yours ignore this critical issue.  I find it embarrassing to be the number two city in the country for homicides.  Don't think that businesses don't look at that.

Mosby

Nick Mosby

"Yes, I have called for both annual financial audits and annual performance audits for the City’s agencies, in addition to a data driven open government that uses performance metrics to isolate waste and creatively achieve efficiency."

Stokes

Carl Stokes

"Yes, financial and performance. In 2010, when I returned to City Council after being away for 16 years, I introduced a bill to require biennial financial and performance audits of all city departments. My colleagues killed that bill and then resurrected it to audit 13 departments every four years. As the Mayor, the CEO, of a $3 billion business I will require audits of all city agencies. We do not need legislation to do this."

Warnock

David Warnock

"Yes. The first thing I will focus on in my administration is getting our city’s money in order. Baltimore has not had regular agency audits since 1983, when William Donald Schaefer was mayor. With annual, public audits performed by independent auditors, we’ll finally understand the city’s priorities and get a grip on spending. We need to know where our tax dollars are going, so we have real information and can make informed decisions to turn Baltimore around.

You can watch a video with real people talking about where I stand on audits and accountabiliy here."

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