Concerned over Buffalo Municipal Housing Authority purchasing practices, Comptroller Mark J.F. Schroeder is asking city lawmakers to hire an outside firm to conduct a comprehensive annual audit of the troubled agency.
The BMHA should pay for the audit, but if it won’t, the city should move forward anyway — using city funds — “in order to protect the federal housing tax dollars and rental income currently jeopardized by a lack of internal controls,” Schroeder wrote in a letter the Council received at Tuesday’s meeting.
The audit is expected to cost $50,000 annually but should more than pay for itself by improving the agency’s internal controls and spending practices, Schroeder wrote. The audit would be more comprehensive than any BMHA reviews now done by the city, the BMHA or…
