2012 Budget Summary - Chicago Park District

Board of Commissioners - AuditThe Department of Audit conducts internal audits to assess the integrity of financial reporting systems,the effectiveness of internal controls, and the efficiency of established procedures, in order to helpdepartments increase efficiency, effectiveness, transparency and accountability. The Director of Auditreports to the Audit Management Committee, which makes recommendations to the Committee onAdministration of the Board of Commissioners. The Audit Management Committee includes the BoardPresident, a Board Commissioner, the General Superintendent, the Chief Financial Officer, the GeneralCounsel, the Comptroller, and the Director of Human Resources.Department ExpendituresAccount 2010 Actual 2011 Budget 2012 BudgetPersonnel Services $ - $ - $ 234,606Materials & Supplies $ - $ - $ 3,000Small Tools & Equipment $ - $ - $ 1,000Contractual Services $ - $ - $ 68,000Total $ - $ - $ 306,606Personnel FTE 0 0 3$400,000.00$300,000.00$200,000.00$100,000.00$-2010 2011 20122011 AccomplishmentsNew department2012 GoalsProvide independent and objective information and recommendations to park districtmanagement to improve performance and accountabilityUse audit resources efficiently to provide optimum service levelsPerformance DataGoal:Provide independentand objectiveinformation andrecommendations topark districtmanagement toimprove performanceand accountabilityMeasurePercent of auditrecommendationsmanagement agrees toimplementAudit ManagementCommittee satisfactionwith audit services2012Projection2011As of 6/30/102009-2010% Change2010 200990% NA -- NA NA3.00 NA -- NA NAGoal:Use audit resourcesefficiently to provideoptimum servicelevelsMeasureNumber of audit projectscompletedCost per audit projectcompleted2012Projection2011As of 6/30/102009-2010% Change2010 200915 NA -- NA NA2012 Budgetdivided by 15NA -- NA NA106