(Portland, OR) -- A new audit report shows the city of Portland needs to do a better job of managing the property it owns. City Auditor Mary Hull Caballero says lack of a comprehensive inventory makes Portland unable to "pro actively manage its properties and buildings." The audit also says the city disposes of properties inconsistently because of inadequate policy. Mayor Charlie Hales told the "Portland Tribune" he agrees with the audit's recommendation that Portland compile a central property list and develop a consistent policy for identifying and disposing of surplus properties.