Audit of the House of Representatives Restaurant Revolving Fund:
July 6, 1975, to July 3, 1976
GGD-77-31: Published: May 19, 1977. Publicly Released: Oct 27, 1983.
- Full Report:
An audit of the House of Representatives Restaurant Revolving Fund for the period from July 6, 1975, to July 3, 1976, indicated that improvements are needed in controls over cash receipts and in cash deposit procedures.
House Restaurant operations in fiscal year 1976 resulted in a net income of $534, compared with a net income of $33,985 in fiscal year 1975. The decrease in net income resulted primarily from costs rising faster than sales.
Matter for Congressional Consideration
Comments: Please call 202/512-6100 for additional information.
Matter: The Committee on House Administration should require cashiers to furnish a cash register receipt to each customer to increase assurance that all sales are recorded. The unit manager should be required to record the cash register totals and the cash count on the cashier's report at the close of each day and to make unannounced periodic cash counts at each cashier station. To improve control over cash deposits sent to the House Finance Office, the Committee should require that the unit managers verify that the correct amount, date, and unit identification are on deposit tickets and deliver deposits to the House Finance Office each day. The restaurant administrative officer should establish procedures to pay large expenses by check and reduce the petty cash fund to an appropriate amount. The size of the change fund should also be evaluated and reduced to a more appropriate level. Procedures to improve control over guest checks should be instituted, and tableware and kitchen replacement expenses should be analyzed.