RD226 - Auditor of Public Accounts 2011 Annual Report Summary


Executive Summary:
This year our audits disclosed embezzlements and improper handling of funds totaling over $10.4 million. In addition, we recommended process and policy changes for accounts receivables, disbursements and cell phones under which the Commonwealth could avoid costs of nearly $1 million.

We alerted the administration of the need to address changes in the municipal bond market, monitor grant and cash management at the E-911 Board, improve oversight of the armory capital projects, improve eligibility monitoring at the Virginia Employment Commission, and make sure that efforts to improve information systems remain on track. We also reported on the progress certain agencies (such as VITA, Planning and Budget and Transportation) were making on improving internal controls.

Your requests and statutory charges have directed these and other reviews performed by this office. You can find each report highlighted or referenced within this annual report on our website http://www.apa.virginia.gov , where you can read a summary of our recommendations on the first page, and then if you want and have time to, peruse the remainder of the report for the context and support behind our observations. The entire Annual Report to the General Assembly is available on our website at the following link:
http://www.apa.virginia.gov/reports/APAAnnualReport11.pdf.

We hope this information provides you with a greater ability to question management and hold them accountable for their role in maintaining Virginia’s status as the best managed state in the country.

If you have any questions or comments, you can contact me directly at: 804-225-3350 or Walter.Kucharski@apa.virgnia.gov.