While the Department of Finance fully implemented two recommendations made in the “Property Tax Assessment Process” audit report, six others the department agreed to have yet to be acted upon or fully implemented.
February 4, 2021 In keeping with generally accepted government auditing standards and Auditor’s Office policy, as authorized by city ordinance, the Audit Services Division has a responsibility to monitor and follow up on audit recommendations to ensure city agencies address audit findings through appropriate corrective action and to aid us in planning future audits. The Highlights page in this report provides background and summary information about the original audit and the completed follow-up effort. Following the Highlights page is a detailed implementation status update for each recommendation. In our follow-up effort for the “Property Tax Assessment Process” audit report issued in October 2019, we determined the Department of Finance fully implemented only two of 10 recommendations we made in the original audit report. We did not update the status of the two recommendations the Department of Finance disagreed with, as the department presumably would not have taken action toward implementing those; however, these recommendations are included in the status update section as a reference. Consequently, several risks associated with the audit team’s initial findings have not been fully mitigated. The Audit Services Division may revisit these risk areas in future audits to ensure the city takes appropriate corrective action. I would like to express our sincere appreciation to the personnel in the Department of Finance who assisted us throughout the audit and the follow-up process. For any questions, please feel free to contact me at 720- 913-5000. Timothy M. O’Brien, CPA Auditor
AUDITOR TIMOTHY O'BRIEN, CPA Denver Auditor
Denver Auditor's Office
201 W. Colfax Ave. #705 Denver, CO 80202 Email: auditor@denvergov.org Call: 720-913-5000 Follow us on Facebook Connect with us on Twitter