Gateway Village Parking Facility Audit

WGI designed a 2,700-space parking structure to support the Gateway Village mixed-use development in downtown Charlotte. The facility provides parking for various user groups, including visitors, office workers, and residents. After a year of operation, Cousins Properties engaged WGI to conduct an audit of the parking operation, including a review of expense statements and documentation.

Overall, the Gateway Village parking facility had a high level of compliance with parking industry standards. The parking access and revenue control systems that are in place represent state-of-the-art technologies and applications. The facilities and equipment are well maintained. Specific audit findings are kept strictly confidential as a matter of policy.

Scope of Services:

• Ensure compliance with general industry standards
• Review payroll records
• Evaluate revenue control policies and procedures
• Assess cash and ticket handling procedures
• Evaluate shift reconciliation procedures and financial reporting
• Examine validation procedures
• Critique audit procedures
• Evaluate computer system security
• Audit fee computer reports, validation transactions and monthly contract cards
• Verify bank deposit