The department should continue its efforts to consistently monitor sponsors' use of housing bond funds by reviewing its other housing bond programs that were not specifically evaluated in this initial audit to ensure that monitoring procedures are in place and operating.
The department indicates in-progress monitoring processes and, where appropriate, post completion/long-term monitoring processes are now in place for all bond programs not included in the audit with the exception of the new programs under Proposition 1C that are still in the initial design phase or have recently completed that phase. The department says that in these cases, monitoring program design is under way and that it intends to complete this effort before contracts are executed. (See 2009-406 p. 241)
†Response Type refers to the interval in which the auditee is providing the State Auditor with their status in implementing recommendations made in an audit report. Auditees must submit a response regarding their progress in implementing recommendations from our reports at three intervals from the release of the report: 60 days, six months, and one year or subsequent to one year.
*Agency responses received after June 2013 are posted verbatim.