Report 2010-125 Recommendation 15 Responses
Report 2010-125: State Lands Commission: Because It Has Not Managed Public Lands Effectively, the State Has Lost Millions in Revenue for the General Fund (Release Date: August 2011)
Recommendation #15 To: Lands Commission, State
To adequately monitor its revenue-generating oil and gas leases, the commission should track the recoveries and findings identified in its audits and use this information to develop an audit plan that would focus on leases that have historically generated the most revenue and recoveries for the State, as well as those that historically have had the most problems.
Annual Follow-Up Agency Response From September 2014
Staff has completed a listing of recoveries from audit and monthly reviews by the Commission's Finance and Economic Section and prepared a proposed Audit Schedule for 2014-15 fiscal year. Information will continue to be collected and reported to ensure staff resources are focused on the highest risk leases and contracts given the capacity of its limited staff resources.
- Completion Date: August 2014
California State Auditor's Assessment of Annual Follow-Up Status: Fully Implemented
Agency responses received after June 2013 are posted verbatim.