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GAO-18-524R 1 (2018-06-28)

handle is hein.gao/gaobacply0001 and id is 1 raw text is: G A O U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 June 28, 2018 The Honorable Orrin G. Hatch Co-Chairman The Honorable Paul Ryan Co-Chairman Capitol Preservation Commission The Honorable Roy Blunt Chairman The Honorable Amy Klobuchar Ranking Member Committee on Rules and Administration United States Senate The Honorable Gregg Harper Chairman The Honorable Robert Brady Ranking Member Committee on House Administration House of Representatives Capitol Preservation Fund: Audit of Fiscal Years 2015, 2016, and 2017 Transactions In November 1988, the United States Capitol Preservation Commission (Commission) was established for the purpose of providing for improvements in, preservation of, and acquisitions for the United States Capitol and conducting related activities.1 At the same time, the Capitol Preservation Fund (Fund) was established within the Department of the Treasury (Treasury), to be used by the Commission to provide financing for its mission operations. The Library of Congress (Library) is to provide financial management services and support to the Commission.2 GAO is required to audit the transactions of the Commission and report the results to the Congress. This report presents the results of our audit of the Commission's transactions as recorded in the Fund during fiscal years 2015, 2016, and 2017. Our audit objectives were to determine to what extent (1) the Commission's and the Library's policies and procedures were documented and 1The Commission was established as part of the Arizona-Idaho Conservation Act of 1988. Pub. L. No. 100-696, § 801,102 Stat. 4571,4608 (Nov. 18, 1988), classified as amended at 2 U.S.C. §§ 2081-2086. The Commission is made up of Senate and House members of Congress including the President pro tempore of the Senate and the Speaker of the House of Representatives, who are co-chairmen. 22 U.S.C. § 142i. 32 U.S.C. § 2084. In 2012, the prior requirement for GAO to audit the Fund on an annual basis was amended to a periodic basis of at least once every 3 years, unless the Chairman or the Ranking Member of the Committee on Rules and Administration of the Senate or the Committee on House Administration of the House of Representatives, the Secretary of the Senate, or the Clerk of the House of Representatives requests that an audit be conducted at an earlier date. Pub. L. No. 112-234, § 2(a), 126 Stat. 1624 (Dec. 28, 2012), classified at 2 U.S.C. § 2084. GAO-1 8-524R Capitol Preservation Fund Page 1

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