Board Report: February 22, 2021
Board purchase cards were used for about $2.8 million in total program spending in 2019. We analyzed the risks of illegal, improper, or erroneous purchases and payments.
The results of our assessment show that the risk of illegal, improper, or erroneous use in the Board's purchase card program is low. A risk level of low means that illegal, improper, or erroneous use is unlikely to occur and that such an occurrence would be expected to have a minimal effect on current operations and long-term objectives. Nonetheless, the Board's Purchase Card section should continue to take appropriate actions to ensure proper oversight of its program. As a result of the low risk level, we will not include an audit of the Board's purchase card program in our 2021 audit plan.
