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HomeMy WebLinkAboutStaff Report 14376 City of Palo Alto (ID # 14376) City Council Staff Report Meeting Date: 8/15/2022 Report Type: Consent Calendar City of Palo Alto Page 1 Title: Accept the City Auditor's Quarterly Status Report for January - March 2022 From: City Manager Lead Department: City Auditor Recommendation the Policy and Services Committee and the City Auditor recommends the City Council take the following action: 1) Accept the Office of the City Auditor’s Quarterly Status Report covering January – March 2022 Discussion Quarterly Status Report – January – March 2022 In accordance with Task 5 of our agreement with the City, Baker Tilly is required to report quarterly on a variety of topics, generally including progress to plan. Our presentation includes the following high level status updates organized by task within our agreement with the City: • Task 1 – Citywide Risk Assessment o Presented to and Approved by P&S on March 8, 2022 (ID #13911) • Task 2 – Annual Audit Plan o Presented to and Approved by P&S on March 8, 2022 (ID #13911) • Task 3 – Financial Audit o Finalized selection of Financial Auditor and prepared to obtain City Council approval of a new contract at an April Meeting • Task 4 – Execute Audit Plan o Obtained City Council consent of the Construction Project Controls audit activity report (ID #13888) o Obtained City Council consent of the initial Public Safety Building memo (ID #13890) City of Palo Alto Page 2 o Presented the Economic Recovery Advisory report to the Policy and Services Committee (ID #13909) o Obtained City Council approval of the Wire Payment Process and Controls Review task order (ID #13891) • Task 5 – Periodic Reporting and Hotline Monitoring o Presented the Quarterly Report for the period ending 12/31/21 to the Policy and Services Committee (ID #14011) • Task 6 – City Auditor Evaluation o N/A This item was reviewed by the Policy and Service Committee on June 14, 2022, and unanimously approved.