Odessa-Montour Central School District – Fuel Inventory (2019M-164)

Issued Date
October 25, 2019

[read complete report - pdf]

Audit Objective

Determine whether District officials adequately safeguarded and accounted for fuel purchases.

Key Findings

  • The District lacked policies and procedures necessary to manage fuel inventories.
  • Complete fuel inventory, delivery and usage records are not maintained and reconciliations are not performed.
  • 17 of 78 keys (22 percent) that allowed access to the fuel meter could not be located.

Key Recommendations

  • Ensure written policies and procedures are in place to manage fuel inventories.
  • Ensure accurate fuel inventory, delivery and usage records are maintained and periodic reconciliations are performed.
  • Maintain an inventory of fuel keys and disable unaccounted for keys.

District officials generally agreed with our recommendations and indicated they have initiated corrective action.