Dec 16, 2025BoardMeeting
BoardTexas Transportation Commission Audit Subcommittee Quarterly Meeting Minutes
The committee reviewed the fiscal year 2025 financial reporting audit, noting a positive outcome with no material weaknesses. Updates were provided on the status of Management Action Plans and internal audits regarding design-build project payments and the timeliness and proficiency of the procurement process. The compliance division presented a summary of investigations related to fraud, waste, and abuse, as well as the results of subrecipient audits for regional planning commissions and the status of outstanding action items.