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NYS Comptroller

THOMAS P. DiNAPOLI

Taxpayers' Guide to State and Local Audits

Audits of Local Governments and School Districts

Town of Schroeppel – Cash Disbursements (2014M-296)


Released: January 9, 2015 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to examine the Town’s controls over cash disbursements for the period January 1, 2013 through March 31, 2014.

Background

The Town of Schroeppel is located in Oswego County and has a population of approximately 8,500. The Town is governed by an elected five-member Town Board. Budgeted appropriations for 2014 were approximately $3 million.

Key Findings

  • Cash disbursement duties were not properly segregated since the Town Comptroller maintained the records, had custody of cash and performed bank reconciliations.
  • Payrolls were not effectively reviewed or certified by any Town official.
  • The Board did not audit, or contract with an independent public accountant to audit, the Comptroller’s accounting records.

Key Recommendations

  • Review and modify the duties of the Supervisor and Comptroller to reflect the intended internal controls for these positions as provided by statute.
  • Ensure that payrolls are thoroughly reviewed and certified by a Town official independent of the payroll process.
  • Annually audit the Comptroller’s records or have an independent public accountant do so.

Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email: localgov@osc.state.ny.us
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236