City Controller AUDIT of “1% for Art” Program

A MUST READ FOR PUBLIC ARTISTS IN LOS ANGELES!

“What we found is that more than $10 million in development fees and related interest has
accumulated and is languishing in the City’s Arts Development Fee Trust Fund.”

A recent audit report seeks to offer “recommendations to fix the current state of inactivity…to lay the foundation for new policies that can offer greater transparency and more effectiveness, flexibility and accountability in the collection and use of arts development program fees.”

THE LA TIMES ARTICLE:L.A. moving to get $7.5 million in public art funds off starting block”

THE AUDIT DOCUMENT:AUDIT_percent for art

 

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