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

o Performing, reconciling, and tracking physical inventories, o Ordering and receiving bus pass inventory, o Reconciling bus pass revenue to bus passes sold, o Bus pass sales on consignment, and o Compensating controls for activity at the Downtown Transfer Station. Overall Results Based on the results of our follow-up audit procedures, SCAT has addressed one (1) of the seven (7) previous concerns and has implemented appropriate corrective action on the condition identified in the original audit report. Six (6) concerns from the original report have not been addressed sufficiently. Open Conditions and Pending Corrective Action* 4. Policies and Procedures for third party agencies selling bus passes on consignment 5. Mail receipts 6. Processing bus pass sales Open/Partially Completed Conditions and Pending Corrective Action* 1. Policies and Procedures for performing, reconciling, and tracking physical inventories of bus passes 3. Policies and Procedures for bus pass revenue reconciliation 7. Compliance with County Resolution 2011-167 Closed Conditions and Follow-Up Results* 2. Policies and Procedures for ordering and receiving bus pass inventory *The conditions above are categorized by the current status and are numbered to correlate with the original audit report’s Opportunities for Improvement. Although six Opportunities for Improvement remain open or open/partially completed, this concludes the follow-up audit process as it relates to Sarasota County Area Transit bus pass inventory and revenue. 4 | F o l l o w - u p 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 D e c e m b e r 2 0 1 7