Is Financing from Riga City Municipality an Inexhaustible Source for Associations and Foundations?
| Audit Id | 1572424979405 |
|---|---|
| Title | Is Financing from Riga City Municipality an Inexhaustible Source for Associations and Foundations? |
| Titre dans la langue originale |
Rīgas pašvaldības piešķirto dotāciju biedrībām un nodibinājumiem likumība un lietderība Latvian |
| Année | 2019 |
| Sujet |
Auditing and Financial Management Communities and Regions |
| Type |
Compliance/Legality Performance |
| Type de performance |
Performed by single SAI |
| Description | Within the audit, the State Audit Office of Latvia assessed whether the funding granted by Riga City Municipality to various associations and foundations is being used to achieve effective goals and outcomes. As the result of the audit, we found out that most of this funding granted by the Municipality is allocated to two foundations founded by the Municipality itself, namely, “Riga Tourism Development Bureau” and “Riga.lv”. Therefore, the audit focused on a detailed assessment of the performance of those two foundations, as well as on the assessment of the supervision performed by the Municipality of those foundations. |
| Auteur |
Latvia |
| Matériels |
Summary Latvian Press release Latvian Audit report Latvian Press release English Summary English |
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