Item - 2019.PA6.1

Due to lack of quorum, the Board did not consider this item.

On an annual basis, the Auditor General reviews the implementation status of outstanding audit recommendations and reports the review results to City Council through the City's Audit Committee.

This report provides the implementation status of recommendations contained in the following four audit reports issued to the Toronto Parking Authority (TPA):

-  Toronto Parking Authority Phase 1: Audit of Real Estate Activities, 2015;

-  Toronto Parking Authority Phase 2: Audit of the Revenue Operations of Off-Street Controlled Facilities, 2016;

-  Auditor General's Observations of a Land Acquisition at Finch Avenue West and Arrow Road by the Toronto Parking Authority, 2016; and

-  Auditor General's Observations of a Land Acquisition at Finch Avenue West and Arrow Road by the Toronto Parking Authority - Part 2, 2017.
 

As of December 31, 2017, there were 30 outstanding recommendations from audit and investigation reports issued to the TPA between 2015 and 2017.

Thirteen recommendations arise from the Auditor General's 2015 audit of real estate activities. Although the recommendations are still relevant, as a result of the adoption of the City-wide real estate model, the TPA no longer carries out real estate transactions on an independent basis. The TPA, CreateTO, and City Real Estate Services continue to work together to evolve the processes for acquiring, selling, and/or developing the TPA's lands.

Given the extent of changes being made to the TPA's real estate operations, the Auditor General would need to conduct an entirely new audit to be able to have a reasonable basis to form conclusions to confirm that the recommendations have been implemented. Therefore, the Auditor General has decided that the 13 audit recommendations will no longer be included in her annual follow-up process. After all process changes have been completed, the Auditor General will consider whether to include a new audit in her future audit work plans.

Again, these recommendations remain relevant and should be considered by the TPA, CreateTO, and City Real Estate Services as they continue to work together to implement the City-wide real estate model.

Of the remaining 17 outstanding recommendations, our review verified that eight recommendations have been fully implemented, seven recommendations have been partially implemented, and two are no longer applicable.

We express our appreciation for the co-operation and assistance we received from management and staff during this year's follow-up review process.