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CALIFORNIA | LOCAL
January 16, 2014 | By Robert Faturechi
Los Angeles County sheriff's officials inappropriately kept more than $1 million belonging to county inmates in a two-year period, an audit released Thursday found. When inmates are booked, the cash they have on them is held until they're released. And while they're inside, their loved ones can deposit money into accounts the prisoners can use to buy goods from jailhouse commissaries. Every year, money is left behind by inmates who are released and don't claim their funds. Sheriff's officials have been using that money to boost their department's revenue when they should have been alerting the county treasurer to put out a public notice about the funds.
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BUSINESS
April 12, 2012 | By E. Scott Reckard, Los Angeles Times
A $7.6-billion federal program to help homeowners avert foreclosure set too few goals for the 18 participating states and didn't do enough to make sure the nation's biggest banks were on board, according to a government audit. The audit criticized the Treasury Department for rolling out the Hardest Hit Fund with no advance notice in February 2010, then leaving the states to implement it on their own. The report by a special inspector general pointed out that it took seven months before the government met with the states, banks and mortgage giants Freddie Mac and Fannie Mae to make sure everyone was participating in the program.
BUSINESS
February 18, 2013 | By Andrew Tangel
NEW YORK -- The U.S. government's gold in New York is safe in a vault underneath Manhattan, and some of the precious metal there is purer than previously thought. That's according to a first-ever audit conducted last year by the Treasury Department of U.S. gold on deposit at Federal Reserve banks in New York and elsewhere. As part of the audit, the Treasury tested a sample of the government's 34,021 gold bars in the New York Fed's vault five stories below Manhattan's financial district, according to the inspector general's office.
CALIFORNIA | LOCAL
January 30, 2014 | By Paloma Esquivel
Civic leaders in Irvine have authorized the use of subpoenas to help auditors delve deeper into an investigation of the financial management of the Orange County Great Park. The City Council voted 3-2 Tuesday to move forward with a forensic audit after a preliminary report raised questions about spending, contracts and oversight of the 1,300-park, which has been in the works for more than a decade. Council members Larry Agran and Beth Krom, who helped steward the project from its beginnings until they lost the council majority in the city's 2012 elections, denounced the  decision, which Krom called a “witch hunt.” Great Park: where did all the money go?
CALIFORNIA | LOCAL
February 16, 2012 | By Ari Bloomekatz, Los Angeles Times
The Department of Animal Services has become an unruly place where equipment is unaccounted for, at least $125,000 is missing and up to $1.3 million in potential revenue was overlooked over the last two fiscal years, a new report has found. The audit, conducted over two years and released Tuesday, describes policy and possible ethics breakdowns across the agency, with particular focus on poor supervision and management. In one example, department officials could not show investigators whether donations were spent legitimately.
CALIFORNIA | LOCAL
June 24, 2011 | By Paul Pringle, Los Angeles Times
A community coalition formed after the Dodger Stadium beating of Bryan Stow called Thursday for a government audit of the state Department of Alcoholic Beverage Control because the agency has not issued a citation at the ballpark since the 1990s. "It seems like they're just ignoring the problem," Richard Zaldivar, who launched the coalition, said of the ABC's response to growing complaints about drunken hooliganism at the stadium. The Times reported last month that the ABC, the authority that enforces alcohol-licensing rules, last cited a Dodger vendor for a violation in 1999.
CALIFORNIA | LOCAL
December 18, 2012 | By Chris Megerian, Los Angeles Times
SACRAMENTO - Managers at the California parks department circumvented payroll policies and boosted salaries improperly, the state controller said Tuesday. Controller John Chiang said the payouts were made with "deliberate disregard for internal controls, along with little oversight and poorly trained staff. When security protocols and authorization requirements so easily can be overridden, it invites the abuse of public funds. " Chiang said that bad record keeping in the department made it impossible to determine a total for the amount of money improperly paid.
BUSINESS
July 26, 2012 | By Lisa Mascaro, Los Angeles Times
WASHINGTON — Hoisting a once-fringe issue into the political mainstream, the House overwhelmingly approved a long-fought proposal by Rep. Ron Paul (R-Texas) to require an audit of the Federal Reserve. Not only tea party stalwarts but also rank-and-file Republicans and dozens of Democrats voted for the measure Wednesday — a reflection of the rising influence of the former presidential contender's brand of libertarianism on American politics as he prepares to leave Congress. Rep. Jim Matheson, a Utah Democrat who is in a tough reelection battle, said in a tweet that he would vote for the bill.
CALIFORNIA | LOCAL
June 10, 2011 | By Ari Bloomekatz, Los Angeles Times
Los Angeles transportation officials do not have an accurate inventory of city parking meters and lack proper controls to ensure that all collections are being made, according to an audit released Thursday by City Controller Wendy Greuel. The audit also exposed problems with scanning devices used to track parking meter revenue and said the department "spends a substantial amount of money" on such faulty tools. It also argued that the city's Department of Transportation could potentially save hundreds of thousands of dollars if it refined meter collection efforts by increasing the frequency of collections on some routes and improving maintenance and repairs of meters.
CALIFORNIA | LOCAL
December 21, 2012 | By Robert Faturechi, Los Angeles Times
An audit released Thursday found that Los Angeles County sheriff's managers improperly used department aircraft, including a helicopter ride for a commander's daughter on her way to a retirement party. In another instance, sheriff's officials used a department airplane to fly to Connecticut, costing the county more than $35,000 for a trip that would have been significantly cheaper and probably faster on a commercial flight. But the audit also found no evidence to support other accusations directed against the department's air unit.
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