The Office of the Virgin Islands Inspector General released its audit report on the operations of the 2004 Virgin Islands Carnival Committee. We found that although in general the Committee had good internal controls over revenues and disbursements, it did not: (i) reconcile all collections from the ticket outlets; (ii) control tickets distributed to the Stadium outlet; (iii) follow established procedures in the use of the purchase order form; (iv) ensure that checks were properly voided; (v) file all of the required financial reports as required by the Code; and, (vi) use the correct method of accounting when submitting the profit and loss statement for the 2004 Carnival activities. To view the report, click here.

The Office of the Virgin Islands Inspector General released its audit report on the operations of the Homestead and Home Loan Program. The Department of Housing, Parks and Recreation failed to: manage its accounts receivables; ensure that loans were distributed in a fair and equitable manner; distribute loan proceeds according to the provisions of the V. I. Code; deposit legislative appropriations into the correct account; and, maintain adequate record keeping practices to justify loans granted. To view the report, click here.

The Office of the Virgin Islands Inspector General released its audit report on the operations of the St. Thomas – St. John Antilitter and Beautification Commission. There were no controls over the use of funds, which contributed to the Fund being over obligated by $198,573 in Fiscal Year 2004. In addition, program funds were not adequately accounted for. Finally, grants and contracts were not properly monitored.To view the report, click here.

The Office of the Virgin Islands Inspector General released its report on the audit of the operations of the St. Thomas – St. John Horse Racing Commission. Weaknesses were found in controls over the operations of the Commission. There was no accounting system in place; documentation was non-existent or could not be found; there were cash withdrawals from the Commission’s account with no supporting documentation; and, there was no monitoring of a racing promotion contract. To view the report, click here.

The Office of the Virgin Islands Inspector General released its report on the audit of the Donated Leave Program administered by the Department of Finance. Although in general the Program was administered in accordance with the provisions of the Virgin Islands Code, weaknesses were detailed in the report. We found that: (i) there were no written rules and regulations to be used as guidelines in interpreting the Program law; (ii) there was no definition of “catastrophic condition” to be used in determining eligibility of an applicant to be in the Program; (iii) the eligibility determination rested with one individual; and, (iv) confidential applicants’; records were not safeguarded from unauthorized access. The Commissioner of Finance did not respond to the recommendations made in the report. To view the report, click here.

The Office of the Virgin Islands Inspector General released its report on the audit of the operations of the Taxicab Division. Weaknesses were found in the maintenance of the Medallion Registries, the safeguard of taxi medallions and license plates, and the enforcement of taxicab laws. We also found a lack of biannual inspections and Division funds being used for non-Division expenses. The Commissioner of Licensing agreed with the recommendations made. To view the report, click here.

The Office of the Virgin Islands Inspector General released its report on the audit of Law Enforcement Planning Commission VOCA grants awarded to the Safety Zone. The audit showed that the Safety Zone did not always provide adequate source documentation to support its claims for reimbursements. In addition, reports were not always submitted timely. There have been, however, significant improvements over the years, from one grant to another. To view the report, click here.