In a unanimous vote, the Los Angeles County Board of Supervisors Tuesday called for the Los Angeles County Auditor-Controller to audit the Los Angeles Memorial Coliseum Commission and, if necessary, to serve as the interim chief financial officer of the commission.
The vote, on a motion sponsored by Supervisors Don Knabe and Mark Ridley-Thomas, came after numerous allegations of financial mismanagement at the facility.
“We need to mobilize any and all resources to maintain the long-term financial stability of the Coliseum,” said Supervisor Knabe, who also serves as the Vice President of the Coliseum Commission. “A thorough and complete audit will ensure that we get the Coliseum back on track and honor its history and the important role it will continue to play in the Los Angeles region,” he continued.
The motion would authorize the Auditor-Controller to play a temporary role at the Coliseum, but only if requested.
Since 1945, Los Angeles County has participated in the management of the Coliseum with the City of Los Angeles and the State of California through the Joint Exercise of Powers Act. The Joint Powers Act specifies the books of the Commission shall be open to the city, county and state partners.