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NYS Comptroller

THOMAS P. DiNAPOLI

Audits of Local Governments and School Districts

Report Highlights

Village of Corfu - Sewer Operations (2018M-133)

Released: November 2, 2018 -- [read complete report - pdf]

Audit Objective

Determine whether the Board and Village officials effectively managed sewer operations by reasonably estimating budgets, ensuring a good financial condition and properly billing, collecting and recording sewer rent revenue.

Key Findings

  • The Board routinely adopted budgets that were not reasonably estimated, resulting in operating deficits.
  • The Board did not develop and adopt multiyear capital and financial plans or receive comprehensive financial reports.
  • Because the Board did not annually audit the Clerk- Treasurer’s financial records, it did not identify errors or inaccuracies in the records.

Key Recommendations

  • Adopt more realistic budgets.
  • Develop and adopt written multiyear capital and financial plans.
  • Annually audit, or contract with a certified public accountant to audit, the Clerk-Treasurer’s records.

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

Background

The Village of Corfu (Village) is located in the Town of Pembroke (Town) in Genesee County. The Village provides sewer services to Village residents and customers in two sewer districts that serve portions of the Towns of Darien and Pembroke.

The Village’s elected Board of Trustees (Board) includes four Trustees and a Mayor. The Board is responsible for oversight and general management of the Village’s financial operations. The Mayor is the Village’s chief executive officer and is responsible for its day-to-day management. The Clerk-Treasurer, who is appointed by the Mayor, is responsible for maintaining custody of all Village funds, maintaining the Village’s accounting records and sewer fund billing system and billing and collecting sewer revenue.

Quick Facts
Population700
Sewer Customers335
2017-18 Budgeted Sewer Appropriations$205,990

Audit Period

June 1, 2013 – November 17, 2017

We extended our audit scope period back to June 1, 2010 to review sewer billing rates.


Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email: localgov@osc.ny.gov
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236