Town of New Castle - Recreation Department Cash Receipts (2020M-19)

Issued Date
March 20, 2020

[read complete report - pdf]

Audit Objective

Determine whether payments received by the Recreation Department were properly receipted, deposited and reported to the Town Board.

Key Findings

  • The Board did not develop a comprehensive cash collections policy to provide guidance for payments received at the Department.
  • The Department did not receipt and remit money in a timely manner. For remittances made in May 2018 and May 2019, the Department generated receipts up to 21 days after registration and remitted money up to 24 days after collection.

Key Recommendations

  • Adopt written policies related to Department cash receipts.
  • Implement cash receipts procedures to address the timely recording and remitting of cash collections.

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