Committee Meeting | Audit - September 23, 2026

The Wayne County Commission's Committee on Audit convened on September 23, 2026, to review financial assessment reports for several county-related entities. Key procurement-related discussions focused on the Wayne County Sewage Disposal System, where auditors noted a $4.1 million operating loss largely due to increased contractual services, and a significant decrease in cash investments tied to State Revolving Fund (SRF) loans. The committee received and filed the audit report without further action. The Wayne County Building Authority's financial statements were also reviewed, highlighting a $1.7 million decrease in net position and the absence of prepared budgets for fiscal years 2024 and 2025, an ongoing issue noted by commissioners. Lastly, the Wayne County Detroit Community Development Entity's audit was discussed, revealing that while $77 million in New Markets Tax Credit allocations had been expended, the entity currently has minimal activity and cash reserves of about $2 million. Commissioners expressed concern over the entity's limited engagement in its intended microloan programs and recommended further review by the Economic Development Committee. Motions to receive and file all audit reports were passed, with no direct contract awards or procurement decisions made during the meeting.