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Audit Objective

Determine whether the Supervisor and Board provided adequate oversight of Town financial operations.

Key Findings

• The Supervisor and Board are not providing adequate oversight of the Town’s financial operations.
• The Board has not performed an annual audit of the Supervisor’s records.

Key Recommendations

• Provide adequate oversight by ensuring an independent party periodically reviews bank reconciliations and canceled check images; third party documents; and water and sewer billing adjustments.
• Perform, or cause to be performed, the required annual audit of the Supervisor’s records.

Town officials generally agreed with our recommendations and indicated they plan to initiate corrective action.