Office of the Comptroller revealed that 50% of the entities do not comply with the provisions of law and regulation on the loss of public property and funds
The Office of the Comptroller of Puerto Rico (OCPR) published the verification carried out on 267 entities regarding compliance with Act 96, Loss of Public Property and Funds of 1964, as amended; with Regulation 41, Notification of Losses or Irregularities in the Handling of Public Funds or Assets to the OCPR of 2008 as amended; as well as with the related circular letters issued by the Comptroller.
The Report revealed that 50% of the entities did not send the Annual Certification on one or more occasions to the OCPR, as provided by Regulation 41. In addition, 36% of the entities did not comply with the established time term to send the Annual Certification. The Regulation establishes that the Annual Certification must be submitted no later than August 31 of each fiscal year. However, submissions of up to 1,077 days late were recorded.
These situations, which had already been commented on in Special Report DA-22-03 of August 11, 2021, deprived the OCPR of having the certifications on time for the purposes provided by law.
The special report, of two findings, noted that the number of losses notified in the annual certifications was not certified correctly. For example, the officials of 25 entities reported that they had no losses, however, in the application designed for these purposes, they recorded 97 loss notifications totaling $262,113.
In addition, 21 entities submitted 34 annual certifications not sworn by the principal official, but signed by other employees of the entity.
The Report includes the recommendation to the director of the Office of Government Ethics of Puerto Rico to consider the results and to take the measures it deems pertinent.
The Special Report OC-25-29 can be obtained on our website: www.ocpr.gov.pr
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