BALTIMORE (WBFF) — The Baltimore City Department of Audits has no record of receiving a financial audit from the taxpayer-backed Baltimore Children and Youth Fund from fiscal years 2022, 2023 and 2024, according to a new report from the Baltimore City Inspector General released Wednesday.
The finding follows more than a year of investigative reports from Spotlight on Maryland about long-running concerns about how the nonprofit manages millions in taxpayer dollars. Despite receiving $16 million this fiscal year, guaranteed by the city charter, BCYF has operated for years without submitting the key financial audits or being subject to routine performance reviews.
The absence of basic oversight has left city officials and residents unable to independently verify how the youth fund spends money intended for Baltimore’s youngest residents…