Research for the AASHTO Standing Committee on Public Transportation. Task 33. Determination of State DOT Financial Auditing Requirements for their Public Transportation Assistance Programs

Based on the latest 2007 "Survey of State Funding for Public Transportation", state department of transportation's (DOT's) provided over $11 billion of financial support in FY 2005/06. It would be helpful to learn various financial policies and procedures utilized by each state to assure that the transit funding it provides is appropriately used by the grantees for the purpose(s) intended. One common tool used by virtually all states is to require the grantees have a financial audit conducted to help accomplish this objective. However, the frequency, timeliness and degree of detail required for financial audits varies among states. Currently there is no comparative documentation on the different policies and procedures employed by state DOT's to perform this function. This research will document the various policies and procedures utilized by each state for conducting grantee financial audits and glean the "best practices" currently being utilized. This information would help enable state DOT's enhance, as well as streamline, their current financial auditing requirements.

Language

  • English

Project

  • Status: Completed
  • Funding: $50000.00
  • Contract Numbers:

    Project 20-65, Task

  • Sponsor Organizations:

    Federal Highway Administration

    1200 New Jersey Avenue, SE
    Washington, DC  United States  20590

    American Association of State Highway & Transportation Officials (AASHTO)

    444 North Capitol Street, NW, Suite 225
    Washington, DC  United States  20001

    National Cooperative Highway Research Program

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC  United States  20001
  • Performing Organizations:

    DMP Group

    5600 Colorado Avenue, NW
    Washington, DC    20011
  • Principal Investigators:

    Marshall, Maxine

    Potts, John

  • Start Date: 20100804
  • Expected Completion Date: 0
  • Actual Completion Date: 20110930
  • Source Data: RiP Project 38705

Subject/Index Terms

Filing Info

  • Accession Number: 01549260
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 20-65, Task
  • Files: TRB, RiP
  • Created Date: Dec 30 2014 1:00AM