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NYS Comptroller

THOMAS P. DiNAPOLI

Audits of Local Governments and School Districts


Town of Palatine – Town Clerk/Tax Collector and Financial Management (2017M-101)


Released: November 22, 2017 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to determine whether the Town Clerk/Tax Collector maintained adequate records and deposited collections intact and timely and whether the Board adequately managed the Town’s financial position by adopting realistic budgets, establishing a fund balance policy and developing long-term financial and capital plans for the period January 1, 2016 through December 31, 2016.

Background

The Town of Palatine is located in Montgomery County and is governed by a five-member Town Board. Budgeted appropriations for 2017 total approximately $1.1 million.

Key Findings

  • The Clerk did not maintain adequate records of collections and did not deposit collections intact and timely.
  • The Board did not adequately manage the Town’s financial position by adopting realistic budgets and establishing a fund balance policy, a long-term financial plan and a long-term capital plan.

Key Recommendations

  • The Clerk should maintain adequate records of collections and deposit collections intact and timely as required by Law.
  • The Board should adopt realistic budgets and establish a fund balance policy, a long-term financial plan and a long-term capital plan.

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