Bainbridge Fire District - Board Oversight (2018M-252)

Issued Date
February 08, 2019

[read complete report - pdf]

Audit Objective

Determine whether District officials established adequate controls over financial activities to safeguard assets.

Key Findings

  • District officials established adequate controls to help safeguard District assets.
  • The Board reviewed the Treasurer’s reports on a monthly basis and reviewed all claims before payment.
  • Although the Treasurer’s financial records and reports accurately and properly accounted for all financial activities, the Board did not provide for an annual audit of these records.

Key Recommendation

  • Provide for an annual audit of the Treasurer’s records.

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