THOMPSON CALLS FOR REFORMS IN CITY’S BUDGETING PROCESS
Comptroller Thompson recently announced several actions requested or taken by his office to increase transparency and accountability in the City’s budgeting process.
In a letter to the City Council Speaker, Thompson said pointed out that recent concerns of abuse of discretionary funding requires his office to strengthen its oversight.
The Comptroller noted that his office will now require all agency agreements that are funded by City Council discretionary monies, regardless of amount, be reviewed by the Comptroller’s office before any funds can be disbursed.
Second, the Comptroller’s Office will direct the City’s auditors, Deloitte and Touche, to independently audit the Council’s discretionary fund budget process upon the conclusion of the ongoing investigations by two investigative entities.
Additionally, Thompson strongly urged the City to create a specific budget category for all discretionary funds identified by the City Council. The Council’s Schedule C, which itemizes all organizations and programs that the Council is funding, should also be made publicly available prior to the adoption of the City’s budget, he said.
The Comptroller also requested that any shifts in funding during budget modifications should specifically describe discretionary funded items.
Said Thompson: “It is my expectation that the current investigation of this matter, combined with the budget actions I am enacting and recommending, will strengthen budget transparency and help restore trust and confidence to our City’s residents.” |