Renew Atlanta and TSPLOST - August 2020
Renew Atlanta and TSPLOST
Released August 2020
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Resolution 15-R-3343 required the City Auditor to establish a capital project and construction audit function to monitor the Renew Atlanta Infrastructure Bond program over its lifespan. This audit reassesses controls as the city implements the Department of Transportation.
- Renew Atlanta is on track to overspend its administrative budget.
- Through December 2019, administrative costs totaled $49.3 million, leaving $15.7 million for the program through 2024.
- Monthly administrative costs averaged $1.1 million from February through December 2019.
- Renew Atlanta lacks a detailed, up-to-date procedural manual that reflects current business practices.
- Renew Atlanta’s current controls over payments to design consultants and construction contractors are functioning as designed to prevent overpayments and ensure proper review and approval.
- Renew Atlanta's dashboards serve as an effective means of communicating complete and timely project and program information to decision-makers.