AUDIT COMMITTEE SUMMARY
January 19, 2016
Audit of Aviation Department Parking Revenue
Report Issued October 27, 2015
Background
The Department of Aviation manages operations at the San Antonio International Airport (SAT) and Stinson Municipal Airport. One of their responsibilities is to process and track revenues generated from the San Antonio Airport's parking fees. The department is funded through the Airport Operating & Maintenance Enterprise Fund. Revenue from parking operations makes up approximately one fifth of the Airport Operating & Maintenance Fund. In FY2015, revenue from public parking fees totaled approximately $22 million.
Audit Objective
Determine if internal controls over parking fee collections and revenue recognition are adequate.
Audit Scope & Methodology
The audit scope included reviews of parking fees collected between July 2014 and January 2015.
Our methodology consisted of conducting interviews and walkthroughs with key personnel. We also reviewed related City Administrative Directives, internal policies and procedures for accounting and collections of revenue from parking fees. Additionally we analyzed system reports generated out of the automated parking revenue system (WebParcs) and reviewed the Employee Parking Renewal System used to process online credit card payments for employee parking fees to ensure compliance with applicable data security standards.
Audit Conclusions
Internal controls for the processing and collecting of parking fees need improvement.
Aviation Management has established procedures to capture parking fee collections; however, we identified the following control deficiencies:
* Controls for validating the accuracy of daily parking revenue and sales tax totals in SAP, such as independent reviews and account reconciliations, are not taking place.
* Processes for tracking of parking passes (i.e. proximity cards and validation tickets) do not provide reasonable assurance t...
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