[Mpls] NRP - Accounting
Michael Atherton
athe0007 at umn.edu
Tue Jan 25 22:05:42 CST 2005
Michael Atherton wrote:
> If I understand this correctly, then contractors who receive
> less than $50,000 a year do not receive full audits, THEN
> what is the dollar amount of funds that have been released
> without full audits in Phase I? If the NRP has tight accounting
> procedures then this figure should be readily available.
Since Ms. Lickness hasn't gotten around to answering this
question, I've calculated the maximum. If we assume
70 neighborhoods spent NRP dollars over ten years and did so
in a way that keep them just under the $50,000 threshold for a "full"
audit, that means there could have been 35 million dollars spent
by NRP contractors who were not fully audited. I'm sure that the
actual figure is much smaller, but it should give you pause,
even if the unaudited figure was only $2,000,000. Keep in mind that
the NRP at the neighborhood is run by those who "show up" without
benefit of background checks and no public visibility (to speak of).
Michael Atherton
Prospect Park
More information about the Mpls
mailing list