Under Chapter 647 of the Acts of 1989, state agencies must immediately report to the Office of the State Auditor any lost, stolen, or unaccounted for state property or funds.
State government entities have a responsibility to the taxpayers of the Commonwealth to protect state property from loss, or theft. In the event that property goes missing or is stolen, state law requires that these entities immediately report it to the Office of the State Auditor (OSA). The OSA uses this information to develop recommendations through the audit process that help state entities prevent future losses.
