The city’s Audit Committee will hold a special meeting to discuss a long-awaited audit of the Southeastern Economic Development Corp., Councilman Kevin Faulconer just told me.
John Rivera, chief of policy for Faulconer, told me the audit will definitely not be ready by Monday’s meeting of the committee. It will probably be ready by Wednesday, he said.
“The chance of it being ready by Wednesday is in the 95th percentile,” Rivera said.
Faulconer said that he will schedule a meeting as soon as he has the audit. The Audit Committee is scheduled to have its regular meeting Monday, which is too early to accommodate the audit.
Rivera said the reason the audit isn’t completed is that the firm completing it, Macias & Gini, has not yet received a response to its findings from SEDC.
When I was in SEDC’s offices last week on another matter, I saw a receptionist binding several copies of a document with Macias & Gini’s name on the cover. I called Mayoral spokesman Darren Pudgil and asked him why the agency was putting together an audit of itself.
Pudgil told me it’s common practice for auditors to present their findings to the agency, which can then submit responses to the auditors.