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Audit Objective

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

Key Findings

• There were control weaknesses in the community hall rental process.
• Documentation of compliance with the procurement policy was incomplete.
• Although monthly financial reports were accurate and reliable, the Board did not perform an annual audit of the Treasurer’s records for 2017 and 2018.
• The Treasurer did not file required annual update documents with the Office of the State Comptroller as of the end of our audit.

Key Recommendations

• Improve controls over community hall rentals.
• Improve documentation of compliance with the procurement policy.
• Provide for an annual audit of the Treasurer’s records.
• File annual financial reports within 60 days of the close of the fiscal year.

District officials generally agreed with our findings and indicated they plan to initiate corrective action.