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Immediately
November 9, 2012

 

Comptroller DiNapoli Releases Municipal Audits

New York State Comptroller Thomas P. DiNapoli today announced his office completed the audits of the Town of East Hampton, Town of Ischua, Town of Sidney, Town of Stony Point and the Village of Wappingers Falls.

"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."

Town of East Hampton – Budget Review (Suffolk County)
The revenue and expenditure projections in the town's tentative budget are reasonable. The tentative budget for 2013 complies with the tax levy limits.

Town of Ischua – Internal Controls over Selected Financial Operations (Cattaraugus County)
Town officials have not ensured that appropriate accounting records were maintained, adequate monthly financial reports were prepared and provided to the town board for review, or that annual financial reports were completed and filed with the Office of the State Comptroller as required. In addition, the town clerk, who also is bookkeeper to the town supervisor, has duties that are not properly segregated.

Town of Sidney – Budget Review (Delaware County)
The revenue and expenditure projections in the town's tentative budget are reasonable. The tentative budget for 2013 complies with the tax levy limits.

Town of Stony Point – Budget Review (Rockland County)
The revenue and expenditure projections in the tentative budget are reasonable. The town's tentative budget complies with the tax levy limit.

Village of Wappingers Falls – Selected Financial Activities (Dutchess County)
Planning and zoning fees and escrow moneys are not deposited in a timely manner. Auditors also found the village's cash receipt operations were not properly segregated and effective compensating controls were not established. Additionally, the village board has not established policies and guidelines for the use of credit cards.

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