[read complete report - pdf]

Audit Objective

• Determine whether the Board provided adequate oversight over the Village’s financial operations.
• Determine whether Village officials adequately safeguarded Information Technology (IT) assets.

Key Findings

The Board did not:

• Annually audit the Clerk-Treasurer’s records and report or conduct a thorough audit of claims.
• Ensure investments were made in compliance with New York State General Municipal Law (GML).¹ As a result, the cemetery fund incurred a loss of approximately $62,000.
• Designate an official to certify payroll.
• Develop proper IT controls.

Key Recommendations

• Annually audit the Clerk-Treasurer’s records and report.
• Conduct a thorough audit of claims.
• Complete payroll certifications.
• Invest money as allowed by law.
• Develop and implement IT policies and procedures.

Village officials agreed with our recommendations and have initiated or indicated they planned to initiate corrective action.

¹ New York General Municipal Law (GML), Section 11

² Two individuals served in this position during our audit period. One Clerk-Treasurer served from June 1 through June 6, 2016 and the Board appointed another Clerk-Treasurer who served for the remainder of our audit period.