Follow-Up of Sarasota County Area Transit (SCAT) Bus Pass Inventory and Revenue, December 2017

5 | A u d i t o f S C A T B u s P a s s I n v e n t o r y a n d R e v e n u e S e p t e m b e r 2 0 1 6 Opportunities For Improvement The audit disclosed certain policies, procedures, and/or practices that could be improved. The audit was neither designed nor intended to be a detailed study of every relevant system, procedure, or transaction. As a result of the audit, observations and recommendations identified below are related to Standards :  (Standard 2110) Ensuring effective organizational performance management and accountability, and  (Standard 2130.A1) Adequacy and effectiveness of controls, particularly effectiveness and efficiency of operations and safeguarding of assets. Accordingly, the Opportunities for Improvement presented in this report may not be all- inclusive of areas where improvement may be needed. There were seven (7) Opportunities for Improvement identified as a result of the audit: 1. Policies and Procedures for performing, reconciling, and tracking physical inventories of bus passes 2. Policies and Procedures for ordering and receiving bus pass inventory 3. Policies and Procedures for bus pass revenue reconciliation 4. Policies and Procedures for third party agencies selling bus passes on consignment 5. Mail receipts 6. Processing bus pass sales 7. Compliance with County Resolution 2011-167