Check out Pittsburgh disputes audit from Allegheny County Controller

An audit by the Allegheny County Controller designed general public Thursday observed the company responsible for Pittsburgh’s tourism marketing unsuccessful to adhere to right economic administration tactics, and wants to raise transparency.

Go to Pittsburgh, which is accountable for tourism promotion in the area, gets extra than 90% of its funding from tax dollars, in accordance to County Controller Corey O’Connor.

“They’re finding taxpayer dollars,” O’Connor advised WESA. “This is a noteworthy expenditure of taxpayer cash that requires to be accounted for.”

According to the controller’s report, Check out Pittsburgh deposited non-public and public cash into the exact same financial institution account and did not properly observe the use of public revenue, which includes resources received from the Allegheny County resort tax.

Take a look at Pittsburgh stated it disagrees with the findings, and claimed the report incorporates “factual mistakes, deceptive details and the selective omission of relevant facts.”

The agency’s president and CEO Jerad Bachar reported Visit Pittsburgh’s accounting approach is “in whole compliance with GAAP [Generally Accepted Accounting Principles] and FASB [Financial Accounting Standards Board] tips.”

The audit also suggests Visit Pittsburgh minimize its reserves, which presently sit just under $5.3 million.

That is larger than reserves in equivalent towns like Baltimore, the controller’s business office mentioned. Baltimore’s reserves hover all-around $840,000.

But Bachar said the reserves provide several reasons, and served the business make it via the COVID-19 pandemic.

“We’re totally self-confident that our tactics are pretty a lot in just tips, extremely much within suitable expectations,” he stated.

Bachar also insinuated the audit was prompted by political calculations, which O’Connor denied.

“We are wanting at straight specifics. We are not heading to make this things up,” O’Connor mentioned. “We are peer reviewed.”

State Sen. Wayne Fontana requested the audit in September 2022 due to the fact he had “grave concerns” about how Take a look at Pittsburgh was dealing with “millions of bucks in community county hotel area rental tax revenues.”

Fontana is the chairman of the board for the Athletics and Exhibition Authority of Pittsburgh and Allegheny County, which owns Acrisure Stadium, PPG Paints Arena, PNC Park, and the David L. Lawrence Convention Centre.

He also opposed an extra fee on Allegheny County resort rentals that would have boosted Pay a visit to Pittsburgh revenues.

Bachar said Check out Pittsburgh will contemplate some of the controller’s other recommendations.

Study the complete audit and Take a look at Pittsburgh’s reaction here.