Orange County Transportation Authority - File #: 21-3720

• File #: 21-3720
• Type: Orange County Transportation Authority Item
• Status: Passed
• File created: 9/28/2021
• In control: Finance and Administration Committee
• On agenda: 10/13/2021
• Final action: 10/13/2021
• Title: Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2021, Internal Audit Report No. 22-501
• Sponsors: Gabriel Tang, Janet Sutter

Date	Action By	Action	Result
10/13/2021	Finance and Administration Committee	approved and passed	Pass

Title

Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2021, Internal Audit Report No. 22-501

Overview

The Internal Audit Department has completed an audit of investments for the period January 1 through June 30, 2021. Based on the audit, the Orange County Transportation Authority complied with its debt, investment, and reporting policies and procedures; however, the Internal Audit Department did make one recommendation related to compliance monitoring.

Recommendation(s)

Direct staff to implement a recommendation provided in Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2021, Internal Audit Report No. 22-501.