News

Auditor Finds City At Risk For Lack Of Risk Management System

OPB | July 11, 2013 7:47 p.m. | Portland

Contributed By:

Portland’s Auditor has presented the City Council with a list of six priority areas to watch. In 2009, a similar report noted that infrastructure was suffering.

Disaster preparedness and debt management were lagging.

Director of Audit Services Drummond Kahn says many of those issues are still in play. And he says, assets are slipping in value.

“It’s a concern, but I think these are ongoing issues, not just for PDX but nationwide They’re issues we’ve heard about. We hope this report puts all of them in once place, and Council will be able to consider those,” Kahn says.

Kahn says the city lacks a central risk management system. Auditors consider such systems a good practice, to keep the broader view in mind.

Mayor Charlie Hales sent a letter to Auditor Lavonne Griffin-Valade, saying he shares her concerns.

He added that he hopes his effort to delineate city services and responsibilities will move the city toward assessing risk and finding new revenue.


Transition Report

Comments

blog comments powered by Disqus
Thanks to our Sponsors:
become a sponsor
Thanks to our Sponsors
become a sponsor