Internal Audit Report 15-06 Citywide Accounts Receivable June 2016

Introduction

Like many cities, the City of Sioux Falls (City) is supported by a variety of revenues including sales and use tax, property taxes, licenses and permits, and other charges for City services. These revenues are collected in various ways, including cash collections at the point of service, remittances by the state or county, and invoiced billing for services, fines, or other charges for payment at a later date. This audit was not included in the 2015 Annual Audit plan as it was a special request of the City Council after the 2015 Plan had been approved. The Audit Committee reviewed and approved this request at their April 16, 2015 meeting.