The Board and District officials did not ensure the IT assets and data were safeguarded.

The Board did not effectively manage fund balance.

The Board did not establish adequate controls over District financial activities to safeguard assets.

The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City's adopted budget for fiscal year 2021-22 and the related justification documents are in material compliance with the requirements of the Fiscal Agent Act (Chapter 488 of the Laws of 1976, as amended) (Act) and the City's bond covenants incorporating provisions of the Act. However, we wish to comment on the following issues which impact the City's financial condition in the current and future years.

The Clerk properly recorded all the fees we reviewed and remitted all fees collected during the audit period in a timely manner. However, the Clerk did not always deposit fees within the required time frame.

The Board did not effectively manage the Town's financial condition and was unaware of the Town's true financial position when it adopted budgets because it did not receive accurate financial information from the Town Supervisor.

District officials did not ensure that the District's network access controls were secure.

Town officials did not adequately safeguard Town IT assets and failed to implement the recommendations we made in 2013 to adopt comprehensive IT security policies and monitor computer use.

The Council and City officials did not adopt structurally balanced budgets, properly monitor the City's financial operations or take appropriate actions to maintain the City's fiscal stability. As a result, the City has significant fiscal stress.

District officials did not maintain complete, accurate and timely accounting records and reports to allow officials to effectively manage financial operations and capital projects, and Board oversight was lacking.

The Board generally developed realistic budgets. However, the budgets were not structurally balanced

The Board and District officials did not ensure IT systems were adequately secured and protected.

District officials did not adequately secure access to the network and information systems.

The District did not maximize Medicaid reimbursements by submitting claims for all eligible Medicaid services provided.

The Board did not provide adequate oversight to ensure that financial activities were properly recorded and reported, and did not properly manage fund balance.

Town officials did not always use a competitive process to procure goods and services.

The Board ensured the claims we reviewed were adequately documented, for appropriate purposes and properly audited and approved prior to payment.

The Board did not effectively manage the Town's financial condition, did not have a clear understanding of the laws governing the finances of the general fund tax bases and does not have an understanding of the finances for the closed landfill.

District officials did not always seek competition for services.

The City Treasurer (Treasurer) did not properly enforce and the Common Council (Council) did not properly monitor delinquent water, sewer and tipping fee balances.