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HomeMy WebLinkAbout030697 RES - 11/17/2015 Resolution authorizing issuance of a letter to the Corpus Christi Regional Transportation Authority requesting an audit of the Corpus Christi Regional Transportation Authority's finances and accounting practices Be it resolved by the City Council of the City of Corpus Christi, Texas: The City Council of the City of Corpus Christi, Texas authorizes the issuance of a letter to the Corpus Christi Regional Transportation Authority Board of Directors requesting an audit of finances and accounting practices of the Corpus Christi Regional Transportation Authority. Attest: City of Corpus Christi 1 ;es Rebecca Huerta, City Secretary Nelda Martinez, ayor 03000 INDEXED Corpus Christi, Texas V/ of ilUvo aubtite. , 2o15 The above resolution was/passed by the following vote: Nelda Martinez L%J Rudy Garza Chad Magill d / Colleen McIntyre ' 4 •„ Lillian Riojas Brian Rosas 'I_ Lucy Rubio Mark Scott Carolyn Vaughn 030697 Corpus Christi Regional Transportation Authority Board of Directors 5658 Bear Lane Corpus Christi Texas 78405 Re: Request for audit of the finances and accounting practices of the Corpus Christi Regional Transportation Authority Dear Corpus Christi Regional Transportation Authority Board of Directors: We desire to ensure the Corpus Christi Regional Transportation Authority ("RTA") properly addresses its apparent lapse of effective internal monetary controls and deters future theft of taxpayer funds. Accordingly, we hereby request that the RTA board appoint a three member audit team made up of Corpus Christi City Manager Ron Olson, Nueces County Judge Loyd Neal, and current RTA board member Tom Niskala. This audit team will recommend an outside audit firm that will conduct a complete audit of the RTA finances and accounting practices and make recommendations for how the RTA should improve those practices. We request the RTA then perform this audit in accordance with the recommendation. We also request the RTA's current CEO ensure that a proper response is formulated for each of the auditor's recommendations and that steps are taken to implement those recommendations without delay. We request the RTA CEO distribute the final audit along with the RTA's responses to the local media, including but not limited to the Corpus Christi Caller Times, and all local TV stations and on the RTA's website under Financial Reports. This will ensure the public is fully informed concerning the audit report findings and the RTA's plans to address those findings. The three member audit team will be responsible for reviewing the auditor's recommendations and ensuring they are properly addressed via reports to the Corpus Christi City Council, the Nueces County Commissioner's Court, and the RTA Board. The cost of this audit will be paid for by the RTA. This is an attempt to restore the public's trust in how the RTA conducts business and expends taxpayer's money. It is our hope that the RTA CEO, its staff, and board members will focus their future efforts on improving and maintaining that public trust. We retain the right to reach out to the State Auditor concerning this issue. Sincerely