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April 08, 2011

 

Comptroller DiNapoli Releases Municipal Audits


New York State Comptroller Thomas P. DiNapoli today announced his office completed the audits for the Village of Akron and the Town of Malta.

"My office's audits of local governments improve their financial management practices," DiNapoli said. "These audits are tools for local officials to make sure proper policies and procedures are in place to protect taxpayer dollars and provide the best possible service these taxpayer dollars can deliver."

Village of Akron - Internal Controls Over Capital Projects (Erie County)
The board did not properly authorize capital projects or provide adequate oversight to ensure that the treasurer expended these funds appropriately. The treasurer's accounting records for capital projects were not segregated and separately accounted for each project. DiNapoli’s auditors also found that the treasurer transferred more than $621,000 from the capital projects fund to the general, water and sewer funds since 2004. Auditors also found that the village used the transferred capital project monies to pay operating expenditures and without the transfers from the capital projects fund, the water and sewer funds would have reported deficit fund balances.

Town of Malta - Internal Controls Over Information Technology (Saratoga County)
DiNapoli’s auditors found that the board's information technology (IT) governance practices were poorly executed. The town implemented wireless technology without performing a formal risk assessment, and the agreement with the IT vendor did not convey the town's needs and expectations or establish measurable targets of performance. The board also failed to adopt IT policies for remote access and wireless technology, and failed to provide town officers and employees with information security awareness training.


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