Audits of Local Governments and School Districts
Owasco Fire District – Internal Controls Over Financial Operations (2012M-121)
Released: October 12, 2012 -- [read complete report - pdf]
Purpose of Audit
The purpose of our audit was to examine the internal controls over the District’s financial operations for the period January 1, 2010, to April 30, 2012.
The District is a district corporation of the State, distinct and separate from the Town of Owasco, and located in Cayuga County. The District is governed by a five-member Board of Fire Commissioners. The District’s appropriations for 2012 total $662,400, funded primarily through real property tax revenue.
- The Board does not appropriately prepare and monitor their annual budgets.
- The Treasurer does not submit consistent monthly financial reports to the Board.
- Prepare realistic annual budgets and monitor operations against the budget.
- Routinely and thoroughly monitor the Treasurer’s records and activities.
Local Government and School Accountability Contact Information:
Phone: (518) 474-4037; Email: firstname.lastname@example.org
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236