AUDIT SUMMARY 

 

We have audited the statewide budget and appropriation processing controls at the Department of Planning and Budget (Planning and Budget) for the year ended June 30, 2024.  Our audit found:

 

• proper recording and reporting of financial and budget transactions, in all material respects and in accordance with the budget approved by the General Assembly, in the Commonwealth’s accounting and reporting system and in the Commonwealth’s budgeting system;

 

• no matters involving internal control and its operations necessary to bring to management’s attention;

 

• no instances of noncompliance with applicable laws and regulations or other matters that are required to be reported; and

 

• adequate corrective action with respect to prior audit findings and recommendations identified as complete in the Findings Summary included in the Appendix. 

 

This report includes a Risk Alert that requires the action and cooperation of management at Planning and Budget and the Virginia Information Technologies Agency (VITA).

 

In fiscal year 2023, we included the results of our audit over Planning and Budget in the report titled “Agencies of the Secretary of Finance For the Year Ended June 30, 2023.”