The Office of the Virgin Islands Inspector General has issued the audit report of the Virgin Islands Bureau of Corrections Management Remedial Account (Account). We found that the Account was not established and managed in accordance with provisions of the Virgin Islands Code, Rules and Regulations, and fiscal policies of the Virgin Islands Government (Government). In addition, funds were disbursed from the Account contrary to financial, procurement, and personnel laws, regulations, and policies and procedures of the Government. Finally, funds were utilized for questionable purposes that were not in compliance with the U. S. District Court Order. To view the report, click here.

The Office of the Virgin Islands Inspector General released its Fiscal Year 2014 Audit Plan. Among the various audits planned for 2014, the Inspector General’s Office hopes to complete three projects still in progress during Fiscal Year 2013, to include: the Audit of the Remedial Account for the Virgin Islands Bureau of Corrections, the Audit of the Economic Development Commission at the VI Economic Development Authority, and the Audit of the Controls over the Department of Education’s School Lunch Program. In addition three other projects should be started during the 2014 Fiscal Year to include: the Inspection of Property Tax Auctions at the Office of the Lieutenant Governor, the Inspection of the Alternative Investment Program of the Government Employees Retirement System, and the Audit of the Public Finance Authority (Joint Project OVIIG/OIG-DOI). To view the 2014 Audit Plan, click here.

The Office of the Virgin Islands Inspector General has issued the audit report of the land leasing and land preparation programs of the Department of Agriculture on St. Croix. The audit found that Agriculture did not manage the programs effectively and in accordance with the Code and rules and regulations. Specifically, Agriculture (i) administered the programs without adequate formalized policies and procedures; (ii) improperly executed land lease agreements; (iii) did not adequately monitor the programs to ensure that program recipients were in compliance with land use criteria; (iv) did not effectively collaborate with other appropriate governmental departments to administer and enforce provisions of the Code; (v) was slow and inconsistent in billing for services; (vi) was ineffective in pursuing collection of delinquent accounts; and, (vii) did not maintain organized and readily accessible program files. In addition, Agriculture did not compile and submit, to the President of the Virgin Islands Legislature, annual statistical records of the production and harvest of various crops and livestock as required by the law. To view the report, click here.

The Office of the Virgin Islands Inspector General has issued the audit report of selected loan programs administered by the Economic Development Authority. The audit found that the Authority did not administer loan programs effectively and in accordance with established laws and industry standards. As a result, delinquent loans accounted for 84.5% of the $10.5 million loan portfolio. To view the report, click here.

The Office of the Virgin Islands Inspector General released its Fiscal Year 2013 Audit Plan. Among the various audits planned for 2013, the Inspector General’s Office hopes to complete three projects still in progress during Fiscal Year 2012, to include: the Audit of the Loan Programs at the Virgin Islands Economic Development Authority; the Audit of Land and Equipment Rental Programs at the Department of Agriculture on St. Croix; and the Audit of the Economic Development Commission of the Virgin Islands Economic Development Authority. In addition four other projects should be started during the 2013 Fiscal Year to include: the Audit of the Remedial Account for the Virgin Islands Bureau of Corrections; the Audit of the Controls over the Department of Education’s School Lunch Program; the Audit of Government-wide Travel Practices; and the Audit of the Administrative Function of the Government Employees Retirement System. To view the 2013 Audit Plan, click here.