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- Jersey City's corrective action plan lists 17 audit findings, including two material weaknesses, many repeating issues first identified in 2014, with staff and deadlines assigned. - Audits since 2014 have found the city lacks an accounting of its fixed assets, a gap it is now addressing with outside resources. - The city has issued an RFP for a complete fixed asset inventory and a system to manage and track assets, with responses due the first week of October 2026. - The finance department lacks internal resources for a full inventory, so the RFP seeks outside consultants, with completion projected for 2027.

- HCC's finance chief reported a $410 million five-year lifecycle cost for deferred maintenance, with the facility condition index projected to decline from 4.9% to 20.89% by 2030 without more funding. - The board approved a $7 million budget amendment in June, bringing this year's deferred maintenance funding to $22 million, up from the $15 million base, while exigent repairs exceeded targets. - HCC relies on a 2019 Jacobs facility condition assessment updated internally, and has increased planned maintenance while reducing reactive work orders, alongside weekly inspections of major equipment.