The $250,000 financial audit quickly degenerated into a political attack directed at Agran, as the Shea-Lalloway Subcommittee, along with Mayor Choi, made broad and unsubstantiated allegations concerning Great Park operations and expenditures. In January 2014, HSNO issued a preliminary public report declaring that $38 million in Great Park funds were "missing." The funds were, in fact, simply sitting in a secure state-mandated housing set-aside account, precisely where they belonged. These preliminary and false findings were released by HSNO and the Shea-Lalloway Subcommittee in order to influence the 2014 municipal election and discredit Agran, who lost his bid for re-election to the city council in November 2014, finishing behind Lalloway.